Japanese Platinum Bar Sees Small Decrease

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Metal Prices, Premium

Japanese platinum bar ended the day at JPY 4,503 ($45.53) per gram, after the 1.4 percent drop last Friday. The price of US platinum bar declined 1.3 percent to $1,406 per ounce.

Weakening prices followed two days of improvement as the price of US palladium bar dropped 0.3 percent to $719.00 per ounce. Japanese palladium bar held its value last Friday at JPY 2,317 ($23.43) per gram. At CNY 160.00 ($26.13) per gram, the price of Chinese palladium bar was essentially unchanged.

Japanese gold bullion prices saw a 0.7 percent decline to JPY 4,213 ($42.59) per gram. The price of Indian gold bullion closed at INR 29,818 ($481.64) per 10 grams. Following a couple days of improvement, the metal’s price weakened by 0.7 percent. US gold bullion ended the day at $1,324 per ounce, after the 0.7 percent drop last Friday. Chinese gold bullion finished the day down 0.4 percent to CNY 262.45 ($42.87) per gram.

The price of Japanese silver declined 0.9 percent to JPY 679.00 ($6.86) per 10 grams. The price of Indian silver fell 0.8 percent to INR 48,278 ($779.82) per kilogram. At CNY 4,320 ($705.64) per kilogram, Chinese silver fell 0.7 percent last Friday. Following a couple days of improvement, the price of US silver weakened by 0.3 percent. Prices closed at $21.73 per ounce.

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