Expectations of tougher sanctions by US and European Union leaders on Russia continue to prop up the dollar, euro and other currencies against precious metals.
Following a three-day flat streak, the price of Japanese palladium bar climbed by 2.1 percent to end at JPY 2,595 ($25.46) per gram on Thursday, March 27. The price of Chinese palladium bar fell 0.6 percent to CNY 177.00 ($28.50) per gram on Thursday after two days of no change. At $779.00 per ounce, US palladium bar fell 0.4 percent on Thursday.
The price of Japanese platinum bar fell 1.6 percent on Thursday to JPY 4,690 ($46.02) per gram after three straight days with no change. US platinum bar finished the day down 1.3 percent to $1,400 per ounce. Chinese platinum bar prices saw a 0.7 percent decline to CNY 301.00 ($48.46) per gram.
The price of Indian gold bullion declined 1.5 percent to INR 28,578 ($474.95) per 10 grams. Japanese gold bullion closed 1.1 percent lower at JPY 4,323 ($42.42) per gram. Chinese gold bullion ended the day at CNY 259.60 ($41.79) per gram, after the 0.7 percent drop on Thursday. US gold bullion prices saw a 0.4 percent decline to $1,306 per ounce.
The price of Indian silver fell 1.5 percent to INR 43,790 ($727.77) per kilogram. The price of Japanese silver declined 1.4 percent to JPY 657.00 ($6.45) per 10 grams. US silver finished the day down 1.3 percent to $19.73 per ounce. At CNY 4,120 ($663.28) per kilogram, Chinese silver fell 0.4 percent yesterday.