Every year in January, ValueWalk.com updates and publishes its Periodic Table of Commodities Returns.
According to their table, palladium is 2014’s top commodity, performed relatively according to script. For the year it was up 11.35%, compared to its 10-year annualized returns of 14%.
Chinese palladium bar saw the biggest price decline of the day, dropping 3.4% to close at CNY 173.00 ($27.97) per gram on Friday, January 16. At $764.00 per ounce, US palladium bar fell 1.3% last Friday. The price of Japanese palladium bar fell 0.8% to JPY 3,070 ($26.43) per gram.
US platinum bar gained 2.7% to finish at $1,258 per ounce. The price of Japanese platinum bar declined 1.5% to JPY 4,654 ($40.07) per gram. Chinese platinum bar prices inched up 0.8% to CNY 265.00 ($42.85) per gram.
After a 2.7% increase, US gold bullion finished the day at $1,263 per ounce. The price of Chinese gold bullion gained 2.5%, finishing at CNY 251.30 ($40.64) per gram. At INR 27,580 ($444.85), the price of Indian gold bullion finished the market day up 2.1% per 10 grams. Japanese gold bullion finished the day down 1.3% to JPY 4,649 ($40.03) per gram.
Indian silver prices rose 1.9% to INR 38,604 ($622.66) per kilogram. Japanese silver closed 0.9% lower at JPY 629.00 ($5.42) per 10 grams. The price of US silver increased 0.7% to $16.95 per ounce. Chinese silver ended the day at CNY 3,570 ($577.27) per kilogram, after the 0.1% drop last Friday.