Indian Gold Bullion Prices Fall 5.3%

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Metal Prices, Premium

Landing at INR 29,918 ($485.92) per 10 grams on Thursday, Indian gold bullion prices fell 5.3 percent. After improving for two days, the price of Chinese gold bullion declined 0.4 percent to CNY 262.14 ($43.10) per gram. Japanese gold bullion finished the day up 0.3 percent to JPY 4,180 ($42.90) per gram.

Indian silver finished the market day up 3.6 percent at INR 51,273 ($832.76) per kilogram. After a 1.5 percent increase, Japanese silver finished the day at JPY 698.00 ($7.16) per 10 grams. At CNY 4,540 ($746.38) per kilogram, Chinese silver fell 0.4 percent on Thursday.

Chinese platinum bar prices saw a 1.3 percent decline to CNY 300.00 ($49.32) per gram. Japanese platinum bar closed 0.1 percent lower at JPY 4,542 ($46.62) per gram.

Chinese palladium bar finished the day down 0.6 percent to CNY 166.00 ($27.29) per gram. At JPY 2,355 ($24.17) per gram, the price of Japanese palladium bar was essentially unchanged.

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