Crude Oil and Gold Rose on Monday – Recap March 11th

Major commodities were traded in a mixed trend on the first business day of the week: the price of Brent oil declined while WTI oil edged up on Monday; natural gas Henry Hub future (short term delivery) slightly increased yesterday; silver slipped while gold price slightly rose on Monday; the Euro changed direction and appreciated against the USD on Monday. Moreover, several other currencies such as the Aussie dollar also slightly appreciated against the US dollar.

Here is a summary of the daily changes of precious metals and energy commodities for March 11th, 2013:

Forex and Bullion Markets:

On Monday, gold edged up by 0.07% to $1,578; silver on the other hand declined by 0.07% to $28.92. During the month, gold inched up    by 0.02%; silver rose by 1.52%.

On Monday, the Euro/USD rose by 0.3% to 1.3044; the U.S Dollar depreciated against a few currencies such as Australian  dollar by 0.5%.

Energy Commodities:

WTI oil price increased again by 0.12% to $92.06 per barrel; Brent oil decreased by 0.57% to $110.22 per barrel;

Thus, the gap between Brent and WTI contracted again to $18.16/bbl. During the month, WTI inched up by 0.01%; Brent oil decreased by 1.04%.

Finally, the Henry Hub future (short term delivery) rose again yesterday by 0.55% to reach $3.65/mmbtu.

A Summary for March 11th:

The table below includes: closing rates, daily percent changes, and daily shifts:

Gold Silver Crude oil Natural gas 2012 March 11

For further reading: