3.0% Shift for US Silver

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Metal Prices, Premium

On Wednesday, December 11, the day’s biggest mover was US silver, which saw a 3.0 percent increase to $20.43 per ounce. After a 2.5 percent increase, Chinese silver finished the day at CNY 4,165 ($686.05) per kilogram. Indian silver prices rose 2.2 percent to INR 46,362 ($760.15) per kilogram. The price of Japanese silver increased 1.6 percent to JPY 653.00 ($6.35) per 10 grams.

US gold bullion saw its price rise 1.7 percent to $1,262 per ounce. Chinese gold bullion finished the day up 1.6 percent to CNY 246.80 ($40.65) per gram. After a 1.5 percent increase, Japanese gold bullion finished the day at JPY 4,130 ($40.17) per gram. The price of Indian gold bullion increased 1.1 percent to INR 28,950 ($474.66) per 10 grams.

Japanese platinum bar gained 1.8 percent to finish at JPY 4,581 ($44.56) per gram. Chinese platinum bar prices inched up 1.8 percent to CNY 290.00 ($47.77) per gram. At $1,386, the price of US platinum bar finished the market day up 1.1 percent per ounce.

Japanese palladium bar saw its price rise 1.9 percent to JPY 2,446 ($23.79) per gram. US palladium bar prices rose 0.4 percent to $737.00 per ounce. The price of Chinese palladium bar remained steady at CNY 163.00 ($26.85) per gram.

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