Japanese Gold Bullion Climbs Out of Flat Spell

The price of Japanese gold bullion closed Tuesday, January 7 at JPY 4,168 ($39.99) per gram, halting its three-day flat run with a 1.8 percent shift. After a 0.7 percent increase, Indian gold bullion finished the day at INR 28,416 ($455.97) per 10 grams. Chinese gold bullion prices rose 0.4 percent to CNY 246.25 ($40.69) per gram. The price of US gold bullion ended a two-day climb, settling at $1,238 per ounce.

Indian silver finished the day up 1.8 percent to INR 47,203 ($757.43) per kilogram. Japanese silver prices inched up 0.7 percent to JPY 675.00 ($6.48) per 10 grams. Chinese silver saw its price rise 0.5 percent to CNY 4,105 ($678.26) per kilogram. The price of US silver increased 0.1 percent to $20.17 per ounce.

Japanese platinum bar gained 1.4 percent to finish at JPY 4,709 ($45.18) per gram. At CNY 295.00 ($48.74), the price of Chinese platinum bar finished the market day up 0.7 percent per gram. US platinum bar prices inched up 0.6 percent to $1,413 per ounce.

US palladium bar saw its price rise 1.5 percent to $737.00 per ounce. Chinese palladium bar finished the day up 1.2 percent to CNY 163.00 ($26.93) per gram. The price of Japanese palladium bar showed little movement on Tuesday at JPY 2,377 ($22.81) per gram.