Oil and Euro Rose Again on Friday– Recap September 14th

Major commodities traded in a mixed trend on Friday: WTI oil and Brent oil rose again; gold edged up while silver declined despite the announced of the FOMC on QE3 on Thursday; natural gas Henry Hub future (October delivery) and spot price tumbled down on Friday; the Euro hiked again on Friday. Several other currency pairs including the Aussie dollar/USD also rose.

Here is a summary of the daily changes in precious metals and energy commodities for September 14th, 2012:

Forex and Bullion Markets:

On Friday, gold edged up by 0.03% to $1,772.7; Silver on the other hand declined by 0.35% to reach $34.66. During the month, gold increased by 5.04%; silver, by 10.22%.

On Friday, the Euro/USD hiked by 1.08% to 1.3129; further, the U.S Dollar also depreciated against several other currencies including Aussie dollar by 0.03%.

Energy Commodities:

WTI oil price rose yesterday by 0.7% to $99.00 per barrel;

Brent oil also increased by 1.01% to $117.59 per barrel;

Following these changes, the gap between Brent and WTI rose to $18.59/bbl. During the month, WTI rose by 2.62%; Brent oil, by 1.8%.

Finally, the Henry Hub future (October delivery) tumbled down by 3.29% to $2.94/mmbtu; the Henry Hub spot also fell to $2.94/mmbtu; the gap between the spot was nullified.

A Summary for September 14th:

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

Gold Silver Crude oil Natural gas 2012 September 14

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