Gold and Nat Gas Bounced Back on Friday – Recap April 5th

Major commodities traded in a mixed trend again on the last business day of the week: the price of Brent oil and WTI oil decreased again on Friday; natural gas Henry Hub future (short term delivery) rallied yesterday; silver and gold traded up on Friday; the Euro slightly appreciated again vs. the USD on Friday. Conversely, several other currencies including the Australian dollar and Japanese yen sharply depreciated against the U.S dollar.

Here is a summary of the daily changes of precious metals and energy commodities as of April 5th, 2013:

Forex and Precious Metals Markets:

On Friday, gold rose by 1.51% to $1,575.5; silver also rallied by 1.69% to $27.22. During the month, gold declined    by 1.21%; silver, by 3.79%.

On Friday, the Euro/USD rose by 0.42% to 1.2991; on the other hand, the U.S Dollar appreciated against several currencies such as Aussie  dollar by 0.50%.

Energy Commodities:

WTI oil price decreased again by 0.60% to $92.70 per barrel; Brent oil tumbled down by 2.09% to $104.12 per barrel;

Thus, the difference between Brent and WTI expanded to $11.42/bbl. During the month, WTI declined by 4.66%; Brent oil, by 5.36%.

Finally, the Henry Hub future (short term delivery) spiked yesterday by 2.51% and settled at $4.13/mmbtu.

A Summary for April 5th:

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

Gold Silver Crude oil Natural gas 2012 April 5

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