Major commodities traded with a mixed trend on the third business day of the week: the price of Brent oil declined while WTI oil rallied; the prices of gold inched down while silver increased on Wednesday; natural gas Henry Hub future (short term delivery) edged down again yesterday; the Euro slightly depreciated against the USD on Wednesday. Moreover, several other currency pairs such as the Aussie dollar also depreciated against the USD.
Here is a summary of the daily changes of precious metals and energy commodities for January 15th, 2013:
Forex and Bullion Markets:
On Wednesday, gold declined by 0.38% and reached $1,686.7; silver increased again by 0.76% to $32.41. During the month, gold rose by 0.71%; silver, by 7.41%.
On Wednesday,the Euro/USD changed direction and inched down by 0.03% to 1.3318; the U.S Dollar depreciated against some currencies such as Aussie dollar by 0.10%.
WTI oil price decreased by 1.05% to $95.23 per barrel; Brent oil on the other hand rose by 0.34% to $112.8 per barrel;
Thus, the difference between Brent and WTI narrowed to $17.57/bbl. During the month, WTI increased by 3.7%; Brent oil rose by 1.5%.
Finally, the Henry Hub future (short term delivery) decreased yesterday by 0.11% to $3.55/mmbtu.
A Summary for January 23rd:
The table below includes: closing prices, daily percent changes, and daily changes:
For further reading: