US Palladium Bar Rises 1.5%

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Metal Prices, Premium

US palladium bar saw the biggest upwards shift for the day, rising 1.5 percent to close at $731.00 per ounce on Tuesday, July 16. The price of Japanese palladium bar improved by 0.3 percent, closing at JPY 2,332 ($23.33) per gram yesterday. At CNY 162.00 ($26.40) per gram, the price of Chinese palladium bar was essentially unchanged.

Japanese platinum bar prices inched up 1.3 percent to JPY 4,561 ($45.63) per gram. At $1,419, the price of US platinum bar finished the market day up 0.9 percent per ounce. The price of Chinese platinum bar held steady at CNY 297.00 ($48.40) per gram.

Japanese gold bullion gained 0.8 percent to finish at JPY 4,122 ($41.24) per gram. Chinese gold bullion closed 0.5 percent lower at CNY 258.60 ($42.14) per gram. The price of Indian gold bullion fell 0.4 percent to INR 26,613 ($442.49) per 10 grams. US gold bullion prices saw a 0.1 percent decline to $1,283 per ounce.

At INR 40,690 ($676.55) per kilogram, Indian silver fell 0.8 percent yesterday. After improving for two days, the price of Chinese silver declined 0.7 percent to CNY 3,990 ($650.17) per kilogram. The price of US silver remained steady at $19.93 per ounce. The price of Japanese silver remained essentially flat at JPY 632.00 ($6.32) per 10 grams.