The day’s biggest mover was Japanese gold bullion, dropping 1.7 percent to settle at JPY 4,012 ($38.56) per gram on Monday, December 23. After hitting a 30-day low of CNY 237.60 ($39.13) per gram on Thursday, December 19, the price of Chinese gold bullion rose 0.6 percent yesterday. Indian gold bullion saw little change in its price yesterday at INR 27,647 ($445.70) per 10 grams. The price of US gold bullion flattened at $1,188 per ounce after two days of downward movement.
The price of Chinese silver is back up, rising by 0.5 percent on Monday to close at CNY 3,985 ($656.35) per kilogram. At INR 44,799 ($722.22) per kilogram, the price of Indian silver was essentially unchanged. The price of Japanese silver showed little movement on Monday at JPY 653.00 ($6.28) per 10 grams. The price of US silver flattened at $19.25 following two-days of declines.
The price of Chinese platinum bar rose 1.1 percent to CNY 280.00 ($46.12) per gram after a two-day drop. Japanese platinum bar prices saw a 0.9 percent decline to JPY 4,439 ($42.67) per gram. The price of US platinum bar steadied at $1,315 per ounce following two-days of dropping prices.
Japanese palladium bar closed 1.2 percent lower at JPY 2,339 ($22.48) per gram. The price of US palladium bar held steady at $695.00 per ounce. The price of Chinese palladium bar remained steady at CNY 155.00 ($25.53) per gram.