Gold and silver prices didn’t do much on Friday after their tumble on Thursday. Gold finished slightly up while silver declined. Crude oil prices (WTI and Brent) recovered from their two day falls and rose on Friday. Natural gas Henry Hub (July delivery) continued to rise. The Euro slightly appreciated against the USD. Several other exchange rates such as the Aussie dollar also appreciated.
Here is a summary of the daily changes in precious metals and energy commodities for June 22nd, 2012:
Forex and Bullion Markets:
Gold edged up by 0.09% to $1,566; Silver fell again by 0.65% and reached $26.72. During the month, gold edged up by 0.17% and silver declined by 3.72%.
The Euro/USD increased by 0.24% to 1.2570; furthermore, the U.S Dollar depreciated against several currencies such as Australian dollar by 0.30%.
WTI oil price bounced back yesterday by 1.95% to $79.36 per barrel;
Brent oil also rose by 1.84% to $90.37 per barrel;
Following these shifts, the difference between Brent and WTI reached $11.01/bbl. During the month, WTI decreased by 8.29% and Brent oil by 11.5%.
Finally, the Henry Hub future (July delivery) increased by 1.94% to $2.63/mmbtu; the Henry Hub spot rose to $2.50/mmbtu; the difference between the spot and future rose to $0.13, Contango.
A Summary for June 22nd:
The table below includes: closing prices, daily percent changes, and daily changes:
For further reading: