Gold and Oil Bounced Back on Friday – Recap April 19th

Leading commodities traded mostly up on the last business day of the week: the price of Brent and the price of WTI oil rose on Friday; natural gas Henry Hub future (short term delivery) also slightly increased yesterday; silver continued to decline while gold price changed direction and rose on Friday; the Euro edged up against the USD on Friday. Conversely, several other currencies such as the Aussie dollar depreciated vs. the U.S dollar.

Here is a summary of the daily shifts of precious metals and energy commodities as of April 19th, 2013:

Forex and Precious Metals Markets:

On Friday, gold rose by 0.24% to $1,395.3; silver declined by 1.23% to $22.96. During the month, gold declined    by 12.51%; silver, by 18.85%.

On Friday, the Euro/USD slightly rose by 0.02% to 1.3052; conversely, the U.S Dollar appreciated against several currencies such as Aussie  dollar by 0.23%.

Energy Commodities:

WTI oil price increased by 0.32% to $88.01 per barrel; Brent oil also rose by 0.52% to $99.65 per barrel;

Thus, the difference between Brent and WTI fell to $11.64/bbl. During April, WTI declined by 9.48%; Brent oil, by 9.43%.

Finally, the Henry Hub future (short term delivery) slightly rose again yesterday by 0.16% and settled at $4.41/mmbtu.

A Summary for April 19th:

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

Gold Silver Crude oil Natural gas 2012 April 19

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