Japanese Silver Collapses 3.2%

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On Friday, February 28, the day’s biggest mover was Japanese silver, which saw a 3.2 percent decline. Indian silver was down 3.1 percent from the previous market day. Chinese silver ended the day after a 0.2 percent drop last Friday. The price of US silver rose 0.2 percent after a two-day drop.

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The price of Japanese gold bullion declined 1.1 percent, after two days of improvement. Chinese gold bullion prices rose 0.8 percent. Indian gold bullion prices saw a 0.6 percent decline. US gold bullion gained 0.2 percent to finish.

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The price of US platinum bar finished the market day up 1.7 percent per ounce. After a 1.7 percent increase, Chinese platinum bar finished the day. Following a couple days of improvement, the price of Japanese platinum bar weakened by 0.6 percent.

Following a 1.4 percent rise last Friday, the price of US palladium bar closed. Japanese palladium bar finished the day down 0.2 percent. The price of Chinese palladium bar remained essentially flat.