The leading commodities rates moved in an unclear trend again on the first business day of the week: the price of Brent oil rallied while WTI oil decreased on Monday; natural gas Henry Hub future (short term delivery) declined again yesterday; silver fell again while gold traded slightly up on Monday; the Euro slightly appreciated again against the USD on Monday. Moreover, other currencies including the Australian dollar slightly appreciated against the U.S dollar.
Here is a summary of the daily changes of precious metals and energy commodities as of April 1st, 2013:
Forex and Precious Metals Markets:
On Monday, gold slightly rose by 0.35% to $1,600.4; silver declined again by 1.25% to $27.94. During last month, gold rose by 1.08%; silver slipped by 0.36%.
On Monday, the Euro/USD rallied again and increased by 0.39% to 1.2866; the U.S Dollar depreciated against several currencies such as Aussie dollar by 0.17%.
WTI oil price slipped by 0.16% to $97.07 per barrel; Brent oil rose by 0.96% to $111.08 per barrel;
Thus, the difference between Brent and WTI widen to $14.01/bbl. During March, WTI rose by 5.63%; Brent oil decreased by 1.22%.
Finally, the Henry Hub future (short term delivery) fell again yesterday by 0.22% and settled at $4.02/mmbtu.
A Summary for April 1st:
The table below includes: closing prices, daily percent changes, and daily changes:
For further reading:
- Gold and Silver Outlook for April 1-5
- Weekly Outlook of Financial Markets for April 1-5
- Is it Time to Sell Gold?
- Will The Gold Market Continue to Cool Down?
- Gold and Silver Yearly Outlook For 2013