Japanese Palladium Bar Drops 3.8%

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Metal Prices, Premium

Japanese palladium bar had the largest decline on Tuesday, June 25, dropping 3.8 percent and landing at JPY 2,076 ($21.27) per gram. At $660.00 per ounce, US palladium bar fell 2.1 percent on Tuesday. Chinese palladium bar closed 1.3 percent lower at CNY 148.00 ($24.09) per gram.

US platinum bar saw its price drop 3.3 percent to a 30-day low of $1,331 per ounce yesterday. Japanese platinum bar finished the day down 2.6 percent to JPY 4,207 ($43.10) per gram. Chinese platinum bar ended the day at CNY 286.00 ($46.55) per gram, after the 1.4 percent drop yesterday.

US gold bullion prices saw a 1.2 percent decline to $1,283 per ounce. The price of Japanese gold bullion declined 1.1 percent to JPY 4,019 ($41.17) per gram. The price of Chinese gold bullion fell 0.5 percent to CNY 259.80 ($42.28) per gram. The price of Indian gold bullion declined 0.2 percent to INR 26,792 ($447.91) per 10 grams.

The price of Indian silver rose 2.4 percent to INR 41,963 ($701.54) per kilogram after a two-day drop. US silver closed 2.1 percent lower at $19.69 per ounce. The price of Chinese silver fell 1.6 percent to a 30-day low of CNY 3,910 ($636.35) per kilogram on Tuesday. On Tuesdayyesterday price drop of 1.1 percent carried the price of Japanese silver to a 30-day low of JPY 606.00 ($6.21) per 10 grams.