Japanese Platinum Bar Price Drops 1.9%

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Metal Prices, Premium

The day’s biggest mover was Japanese platinum bar, dropping 1.9 percent to settle at JPY 4,714 ($47.23) per gram on Thursday, September 12. US platinum bar ended the day at $1,469 per ounce, after the 0.2 percent drop yesterday. The price of Chinese platinum bar showed little movement yesterday at CNY 309.00 ($50.50) per gram.

Chinese palladium bar finished the day down 1.3 percent to CNY 153.00 ($25.01) per gram. US palladium bar closed 0.3 percent lower at $691.00 per ounce. At JPY 2,240 ($22.44) per gram, Japanese palladium bar fell 0.3 percent yesterday.

The price of Japanese gold bullion declined 1.6 percent to JPY 4,340 ($43.48) per gram. Chinese gold bullion prices saw a 0.9 percent decline to CNY 270.00 ($44.13) per gram. Following a two-day drop, the price of US gold bullion increased by 0.2 percent to $1,366 per ounce. The price of Indian gold bullion fell 0.1 percent to INR 30,181 ($477.04) per 10 grams.

After falling for two days, the price of US silver rose 1.1 percent to $23.22 per ounce. The price of Chinese silver is back up, rising by 0.8 percent yesterday to close at CNY 4,625 ($755.92) per kilogram. Japanese silver prices saw a 0.7 percent decline to JPY 739.00 ($7.40) per 10 grams. Indian silver closed 0.5 percent lower at INR 50,641 ($800.43) per kilogram.

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