Japanese Silver Prices Hit 30-Day Low

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Metal Prices, Premium

On Monday, June 24, the day’s biggest mover was Japanese silver, which saw a 7.8 percent decline to JPY 613.00 ($6.23) per 10 grams. Indian silver prices were off by 3.9 percent yesterday, falling from INR 40,999 ($691.67) on Monday to INR 40,999 ($691.67) per kilogram. Just off of a 30-day low of $20.12 per ounce, the price of US silver rose 2.7 percent on Monday. The price of Chinese silver rose 1.7 percent yesterday, just off the 30-day low of CNY 3,975 ($647.44) per kilogram it hit on Thursday, June 20.

A $132.00 price decline in the Japanese gold bullion left the price at JPY 4,065 ($41.32) per gram. After hitting a 30-day low of $1,299 per ounce on Thursday, June 20, the price of US gold bullion rose 1.6 percent on Monday. Indian gold bullion ended the day at INR 26,854 ($453.04) per 10 grams, after the 1.4 percent drop yesterday. The price of Chinese gold bullion rose 0.6 percent on Monday, just off the 30-day low of CNY 261.20 ($42.54) per gram it hit on Thursday, June 20.

At JPY 4,320 ($43.91) per gram, Japanese platinum bar fell 2.5 percent yesterday. After hitting a 30-day low of CNY 290.00 ($47.23) per gram on Thursday, June 20, the price of Chinese platinum bar rose 1.8 percent on Monday. Just off of a 30-day low of $1,376 per ounce, the price of US platinum bar rose 1.4 percent on Monday.

Following a 1.8 percent rise on Monday, the price of US palladium bar closed at $674.00 per ounce. The price of Chinese palladium bar rose 1.4 percent to CNY 150.00 ($24.43) per gram after a two-day drop. After holding steady for the past few days, the price of Japanese palladium bar fell 0.9 percent, closing at JPY 2,158 ($21.93) per gram.