US Palladium Bar Shifts 1.9%

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Metal Prices, Premium

On Thursday, November 7, the day’s biggest mover was US palladium bar, which saw a 1.9 percent increase to $762.00 per ounce. After a 0.6 percent increase, Chinese palladium bar finished the day at CNY 167.00 ($27.41) per gram. At JPY 2,389 ($24.21) per gram, the price of Japanese palladium bar was essentially unchanged.

On the tail of a three-day flat streak, the price of Chinese platinum bar rose by 1.0 percent, settling at CNY 307.00 ($50.39) per gram. The price of US platinum bar showed little movement on Thursday at $1,449 per ounce. After a couple of days of improving prices, the price of Japanese platinum bar held steady at JPY 4,638 ($47.01).

US gold bullion gained 0.4 percent to finish at $1,318 per ounce. The price of Chinese gold bullion remained steady at CNY 258.80 ($42.48) per gram. Indian gold bullion stayed flat at around INR 29,170 ($466.87) per 10 grams. The price of Japanese gold bullion held steady at JPY 4,167 ($42.24) per gram.

At INR 50,120 ($802.18), the price of Indian silver finished the market day up 0.9 percent per kilogram. The price of Chinese silver increased 0.5 percent to CNY 4,375 ($718.05) per kilogram. US silver prices inched up 0.4 percent to $21.80 per ounce. Japanese silver saw little change in its price yesterday at JPY 685.00 ($6.94) per 10 grams.

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