US Silver Price Drops Significantly on Daily Precious Metals Index

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US silver had the largest decline on Thursday, July 18, dropping 3.6 percent.

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Chinese silver fell 2.4 percent yesterday. Indian silver ended the day after a 1.4 percent drop on Thursday. For the fifth day in a row, the price of Japanese silver remained essentially flat.

The price of US gold bullion fell 1.3 percent. Chinese gold bullion prices saw a 1.0 percent decline. The price of Indian gold bullion declined 0.2 percent. The price of Japanese gold bullion ended a two-day climb.

The price of US platinum bar declined 1.3 percent after two days of improvement. Chinese platinum bar finished the day down 1.0 percent. Following a two-day rise, the price of Japanese platinum bar flattened.

The price of US palladium bar changed direction with a 0.3 percent drop. Japanese palladium bar stayed flat. The price of Chinese palladium bar remained essentially flat.

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