The week’s biggest mover on the weekly Global Precious Metals MMI® was the price of Japanese silver, which saw a 5.1 percent decline. This week marked the third in a row of declining prices for the metal. For the third week in a row, the price of U.S. silver dropped, falling 2.6 percent to $21.69 per ounce. Indian silver fell 0.9 percent over the past week. The price of Chinese silver rose 0.8 percent after falling 0.3 percent the previous week.
Indian gold bullion finished the week with a 2.8 percent increase. The price of Japanese gold bullion dropped 2.8 percent this week. The price of Chinese gold bullion rose 0.9 percent, falling 0.8 percent the previous week. The price of U.S. gold bullion fell 0.3 percent to $1,385 per ounce after rising 0.1 percent the week before.
One of the big movers this week was Chinese platinum bar, which shot up 3.6 percent. U.S. platinum bar prices climbed to $1,501 per ounce, up from $1,454 a week ago. The price of Japanese platinum bar fell 0.3 percent over the past week. This was the third week in a row of declining prices.
Japanese palladium bar prices were off slightly. The price of U.S. palladium bar rose 0.8 percent over the past week to $755.00 per ounce. This was the fifth week in a row of increasing prices. Prices for Chinese palladium bar remained constant, closing the week at CNY 168.00 ($27.37) per gram.
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.
- English (UK)
- English (India)
- English (Canada)
- English (Australia)
- English (South Africa)
- English (Philippines)
- English (Nigeria)
- Deutsch
- Español (España)
- Español (México)
- Français
- Italiano
- Nederlands
- Português (Portugal)
- Polski
- Português (Brasil)
- Русский
- Türkçe
- العربية
- Ελληνικά
- Svenska
- Suomi
- עברית
- 日本語
- 한국어
- 简体中文
- 繁體中文
- Bahasa Indonesia
- Bahasa Melayu
- ไทย
- Tiếng Việt
- हिंदी
Japanese Silver Down For Third Week Running
Published 06/11/2013, 04:09 AM
Updated 07/09/2023, 06:31 AM
Japanese Silver Down For Third Week Running
Latest comments
Loading next article…
Install Our App
Risk Disclosure: 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.
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.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.