Japanese Silver Moves Up; US Gold Bullion Weakens

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With a 1.8 percent increase on Thursday, December 12, Japanese silver was the biggest mover on the Global Precious Metals MMI®. Chinese silver closed 0.7 percent lower. Following a couple days of improvement, the price of US silver fell by 0.6 percent. Indian silver finished the day up 0.6 percent.

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Following a couple days of improvement, the price of US gold bullion weakened by 0.8 percent. Japanese gold bullion saw its price rise 0.6 percent. Chinese gold bullion finished the day down 0.2 percent. Following a two-day rise, the price of Indian gold bullion flattened.

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Weakening prices followed two days of improvement as the price of US platinum bar dropped 0.5 percent. After improving for two days, the price of Japanese platinum bar declined 0.2 percent. The price of Chinese platinum bar showed little movement yesterday.

The price of US palladium bar declined 0.5 percent. Japanese palladium bar fell 0.2 percent yesterday. The price of Chinese palladium bar held steady.