Indian Silver Price Drops 2.3%

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Metal Prices
On Friday, January 10, Indian silver fell by 2.3 percent to INR 45,051 ($726.22) per kilogram, making it the day’s biggest mover. Japanese silver closed 0.6 percent lower at JPY 662.00 ($6.31) per 10 grams. The price of Chinese silver fell 0.3 percent to CNY 3,965 ($654.96) per kilogram. The price of US silver is back up, rising by 0.1 percent last Friday to close at $19.55 per ounce.

Following a 0.6 percent rise last Friday, the price of Chinese gold bullion closed at CNY 243.30 ($40.19) per gram. Following a two-day drop, the price of US gold bullion increased by 0.1 percent to $1,228 per ounce. Japanese gold bullion prices rose 0.1 percent to JPY 4,143 ($39.52) per gram. Indian gold bullion ended the day at INR 28,245 ($455.31) per 10 grams, after the 0.1 percent drop last Friday.

After a 0.5 percent increase, Japanese platinum bar finished the day at JPY 4,780 ($45.59) per gram. Chinese platinum bar saw little change in its price last Friday at CNY 295.00 ($48.73) per gram. The price of US platinum bar showed little movement last Friday at $1,414 per ounce.

The price of Japanese palladium bar ended a two-day climb, settling at JPY 2,490 ($23.75) per gram. US palladium bar held its value last Friday at $735.00 per ounce. The price of Chinese palladium bar showed little movement last Friday at CNY 163.00 ($26.93) per gram.

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