Euro and Brent Oil Edged Up on Monday– Recap September 3rd

There was no trading on Monday at Nymex or CME due to the an American National Holiday (Labor day): Brent oil edged up on the first trading day of the month; gold and silver remained unchanged but were traded up in the Asian markets; natural gas Henry Hub future (October delivery) and spot also remained unchanged on Monday; the Euro edged up on Monday. Several other currency pairs including the Aussie dollar/USD decreased.

Here is a summary of the daily changes in precious metals and energy commodities for September 3rd, 2012:

Forex and Bullion Markets:

On Friday, gold rose by 1.84% to $1,687.6; Silver also increased by 3.27% to reach $31.44. During the month, gold increased by 4.52%; silver, by 12.64%.

On Monday, the Euro/USD rose by 0.11% to 1.2593; on the other hand, the U.S Dollar appreciated against several other currencies including Aussie dollar by 0.72%.

Energy Commodities:

WTI oil price remained flat yesterday at $96.47 per barrel;

Brent oil rose by 0.27% to $115.77 per barrel;

Following these changes, the gap between Brent and WTI rose to $19.30/bbl. During last month, WTI increased by 9.55% and Brent oil by 9%.

Finally, the Henry Hub future (October delivery) remained at $2.8/mmbtu; the Henry Hub spot also remained at $2.74/mmbtu; the difference between the spot reached $0.06, contango.

A Summary for September 3rd:

The table below includes: closing prices, daily percent changes, and daily changes:

Gold Silver Crude oil Natural gas 2012 September 3

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