The price of Indian gold bullion rose 8.3 percent on Thursday, December 5, making it the day’s biggest mover. After two days of falling prices, it closed at INR 30,652 ($496.71) per 10 grams. US gold bullion prices inched up 1.6 percent to $1,243 per ounce. Following a two-day drop, the price of Chinese gold bullion increased by 1.1 percent to CNY 244.00 ($40.05) per gram. Japanese gold bullion ended the day at JPY 4,029 ($39.34) per gram, after the 0.7 percent drop yesterday.
After falling for two days, the price of US silver rose 2.8 percent to $19.71 per ounce. Following a 1.2 percent rise yesterday, the price of Chinese silver closed at CNY 4,055 ($665.67) per kilogram. The price of Indian silver is back up, rising by 0.6 percent on Thursday to close at INR 45,414 ($735.93) per kilogram. Japanese silver finished the day down 0.3 percent to JPY 629.00 ($6.14) per 10 grams.
US platinum bar finished the day up 1.9 percent to $1,366 per ounce. At CNY 286.00 ($46.95), the price of Chinese platinum bar finished the market day up 0.4 percent per gram. The price of Japanese platinum bar declined 0.3 percent to JPY 4,479 ($43.74) per gram.
After a 1.7 percent increase, US palladium bar finished the day at $726.00 per ounce. Chinese palladium bar gained 1.3 percent to finish at CNY 160.00 ($26.27) per gram. At JPY 2,378 ($23.22) per gram, Japanese palladium bar fell 0.6 percent on Thursday.