The price of Japanese palladium bar rose 2.2 percent on Wednesday, October 16, making it the day’s biggest mover. After two days of flat prices, it closed at JPY 2,269 ($23.02) per gram. Following two days of rising prices, the price of US palladium bar dropped 1.1 percent to $705.00 per ounce. At CNY 158.00 ($25.89) per gram, the price of Chinese palladium bar was essentially unchanged.
Japanese platinum bar closed 1.0 percent lower at JPY 4,362 ($44.26) per gram. At CNY 291.00 ($47.69), the price of Chinese platinum bar finished the market day up 0.3 percent per gram. US platinum bar stayed flat at around $1,378 per ounce.
At JPY 4,019 ($40.78) per gram, Japanese gold bullion fell 1.7 percent on Wednesday. The price of US gold bullion increased 0.6 percent to $1,281 per ounce. Chinese gold bullion saw its price rise 0.2 percent to CNY 254.60 ($41.72) per gram. The price of Indian gold bullion held steady at INR 28,913 ($467.54) per 10 grams.
The price of Japanese silver declined 1.6 percent to JPY 663.00 ($6.73) per 10 grams. Following a 0.2 percent rise yesterday, the price of Chinese silver closed at CNY 4,285 ($702.17) per kilogram. The price of US silver is back up, rising by 0.1 percent on Wednesday to close at $21.30 per ounce. Indian silver held its value on Wednesday at INR 48,300 ($781.03) per kilogram.