Silver prices nearing the 44$ mark – April 19 daily recap

The second day of the week continues with silver and gold prices rising as silver price is nearing the 44$ mark. Crude oil prices (WTI spot) moderately inclined while Brent oil declined; and natural gas spot prices (Henry Hub) continue to zigzag as it moderately decreased yesterday.

Here is a summary of the changes in commodities and precious metals for April 19th:

Precious Metals prices:

Silver prices continued to rise and reached yesterday 43.913$, a 2.23% rise; gold prices also inclined very moderately by 0.15% and reached 1,495.

During April, gold prices increased by 4.6%, and silver prices rose by 16.4%.

Oil and Gas prices:

Crude spot oil price (WTI) bounced back yesterday and rose by 0.96% to reach 108.15$/b; up to date, the WTI spot oil price rose by 0.6% during April.

Brent spot price on the other hand, decreased by 0.51% and settled at 121.57$/b.

As a result, the difference between Brent and WTI reached 13.42$/b.

Natural gas spot price (Henry Hub) declined yesterday by 0.47% to reach 4.21$/mmbtu.

The Henry Hub future price on the other hand inclined by 2.90% to reach 4.26$/mmbtu, resulting in the spread between future and spot price reaching 0.05$, i.e. contango.

EURO/ USD finished yesterday’s business day with an increase as the USD depreciated by 0.70%.

For a more detailed report on major currencies, check out Forex crunch.

A summary of yesterday’s Prices Changes:

The table below includes: closing prices, daily percent change, and change in US dollars (except for USD/CAD, in which the change is in Canadian dollars):

Crude oil spot price, Natural gas spot price, Current Gold prices Silver prices April 19

[ratings]

For further reading (in this site):

 

 

Monthly Analysis and Outlook: