Gold and Oil Bounced Back on Monday – Recap January 14th

Most commodities changed direction from Friday and bounced back on the first business day of the week: the price of Brent oil and WTI oil rose; the prices of gold and silver also increased on Monday; natural gas Henry Hub future (short term delivery) continued to trade up yesterday; the Euro rose again against the USD on Monday. Moreover, several other currency pairs such as the Aussie dollar also appreciated against the USD.

Here is a summary of the daily developments of precious metals and energy commodities for January 14th, 2013:

Forex and Bullion Markets:

On Monday, gold rose by 0.53% and reached $1,669; silver also increased by 2.31% to $31.08. During the month, gold slipped   by 0.32%; silver rose by 3.01%.

On Monday,the Euro/USD also rose by 0.26% to 1.3378; the U.S Dollar appreciated against some currencies such as Aussie  dollar by 0.3%.

Energy Commodities:

WTI oil price also increased by 0.62% to $94.14 per barrel; Brent oil increased by 1.12% to $111.88 per barrel;

Thus, the difference between Brent and WTI expanded to $17.74/bbl. During the month, WTI increased by 2.5%; Brent oil edged down by 0.7%.

Finally, the Henry Hub future (short term delivery) rose again yesterday by 1.4% to $3.37/mmbtu.

A Summary for January 14th:

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

Gold Silver Crude oil Natural gas 2012 January 14

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