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%.
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):
For further reading (in this site):
- Gold & Silver Prices Outlook – 19 April
- Jonathan won the Nigerian elections | oil outlook 19 April
- Weekly outlook for April 18-22
Monthly Analysis and Outlook:
- Natural gas prices outlook for April 2011
- Crude oil prices Monthly outlook –April 2011
- Gold prices outlook for April 2011 – what’s next for gold?