Many commodities prices remained nearly unchanged on the last business day of the week: WTI and Brent oil prices bounced back on yesterday; the prices of gold and silver remained virtually unchanged on Friday; natural gas Henry Hub future (short term delivery) continue its downward trend on Friday; the Euro rose against the USD on Friday. Many other currency pairs such as the Aussie dollar/USD also appreciated against the USD.
Here is a summary of the daily developments of precious metals and energy commodities for December 14th, 2012:
Forex and Bullion Markets:
On Friday, gold edged down by 0.04% and reached $1,695.2; Silver edged up by 0.01% to $32.3. During the month, gold decreased by 0.92%; silver, by 2.72%.
On Friday,the Euro/USD rose by 0.66% to 1.3163; the U.S Dollar depreciated against some other currencies such as Aussie dollar by 0.36%.
WTI oil price changed direction and rallied by 0.98% to $86.73 per barrel; Brent oil also increased by 0.55% to $108.5 per barrel;
Thus, the difference between Brent and WTI narrowed to $21.77/bbl. During the month, WTI decreased by 2.5%; Brent oil, by 2.5%.
Finally, the Henry Hub future (short term delivery) fell again by 1.2% to $3.31/mmbtu.
A Summary for December 14th:
The table below includes: closing prices, daily percent changes, and daily changes:
For further reading: