Chinese Palladium Bar Shifts 2.6%

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Metal Prices, Premium

On Monday, September 16, the day’s biggest mover was Chinese palladium bar, which saw a 2.6 percent increase to CNY 157.00 ($25.66) per gram. After falling for two days, the price of US palladium bar rose 1.9 percent to $701.00 per ounce. Following two days of downward movement, the price of Japanese palladium bar held steady at JPY 2,220 ($22.42) per gram.

Following a two-day drop, the price of US platinum bar increased by 1.0 percent to $1,449 per ounce. At CNY 307.00 ($50.17), the price of Chinese platinum bar finished the market day up 0.3 percent per gram. The price of Japanese platinum bar steadied at JPY 4,650 ($46.96) per gram following two-days of dropping prices.

The price of Indian gold bullion declined 0.6 percent to INR 29,442 ($464.90) per 10 grams. US gold bullion finished the day up 0.5 percent to $1,328 per ounce. The price of Chinese gold bullion rose 0.2 percent to CNY 265.05 ($43.31) per gram after a two-day drop. The price of Japanese gold bullion flattened at JPY 4,228 ($42.69) following two-days of declines.

US silver prices inched up 2.4 percent to $22.27 per ounce. Chinese silver saw its price rise 1.0 percent to CNY 4,465 ($729.63) per kilogram. Indian silver prices saw a 0.3 percent decline to INR 48,475 ($765.44) per kilogram. The price of Japanese silver flattened at JPY 706.00 ($7.13) per 10 grams after two days of downward movement.

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