Japan Palladium Bar Price Falls 4.2% On Weekly Index
MetalMiner | Jul 31, 2013 02:32AM ET
The week’s biggest mover on the weekly Global Precious Metals MMI® was the price of Japanese palladium bar, which saw a 4.2 percent decline. This comes on the heels of a 3.6 percent increase the week before.
The price of Chinese palladium bar fell 3.0 percent after rising 3.1 percent the week before. Following a 3.6 percent increase in the week prior, the price of US palladium bar fell 2.8 percent last week.
The price of Japanese platinum bar fell 2.9 percent after rising 3.4 percent the week before. Following a 1.0 percent increase in the week prior, the price of Chinese platinum bar fell 0.7 percent last week. Following a steady week, prices for US platinum bar closed flat.
The price of Indian gold bullion increased 3.3 percent this week, closing out the fourth consecutive week of rising prices. Finishing the fourth week of rising prices, the price of US gold bullion increased by 2.9 percent. The price of Japanese gold bullion fell 1.6 percent after rising 4.0 percent the week before. The price of Chinese gold bullion rose 0.5 percent over the past week. This was the fourth week in a row of increasing prices.
The price of US silver rose 2.4 percent after falling 2.0 percent during the previous week. Following a 0.6 percent increase in the week prior, the price of Japanese silver fell 1.4 percent last week. The price of Chinese silver declined 0.1 percent over the past week. Indian silver remained essentially flat from the previous week.
The Global Precious Metals MMI® collects and weights 14 global precious metal price points to provide a unique view into precious metal price trends. For more information on the Global Precious Metals MMI®, how it’s calculated or how your company can use the index, please drop us a note at: info (at) agmetalminer (dot) com.
Get The News You Want
Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.