Japanese Silver Up 2.0%

On Tuesday, September 3, the day’s biggest mover was Japanese silver, which saw a 2.0 percent increase to JPY 768.00 ($7.71) per 10 grams. At INR 55,990 ($844.93) per kilogram, Indian silver fell 0.6 percent on Tuesday. The price of Chinese silver increased 0.5 percent to CNY 4,800 ($784.38) per kilogram. The price of US silver steadied at $23.53 per ounce following two-days of dropping prices.

The price of Indian gold bullion fell 0.5 percent to INR 32,621 ($492.28) per 10 grams. Japanese gold bullion closed 0.5 percent lower at JPY 4,421 ($44.40) per gram. At CNY 276.89 ($45.25), the price of Chinese gold bullion finished the market day up 0.2 percent per gram. After dropping for two days, the price of US gold bullion flattened at $1,397.

Japanese platinum bar prices rose 1.0 percent to JPY 4,857 ($48.77) per gram. Chinese platinum bar ended the day at CNY 317.00 ($51.80) per gram, after the 0.3 percent drop yesterday. US platinum bar held its value on Tuesday at $1,521 per ounce.

Chinese palladium bar prices declined 1.2 percent, settling at CNY 159.00 ($25.98) per gram. For the fifth day since Wednesday, August 28, the drop-off has accelerated. Japanese palladium bar finished the day down 0.3 percent to JPY 2,333 ($23.43) per gram. The price of US palladium bar flattened at $722.00 following two-days of declines.

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