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%.
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:
For further reading: