Major commodities were traded in a mixed trend on the first business day of the week: Brent oil and WTI oil declined on Monday; natural gas Henry Hub future (short term delivery) slightly rose yesterday; silver rose while gold price slipped on Monday; the Euro also declined against the USD on Monday. Further, several currencies such as the Aussie dollar depreciated against the U.S dollar.
Here is a summary of the daily shifts of precious metals and energy commodities as of May 13th, 2013:
Forex and Precious Metals Markets:
On Monday, gold slightly fell by 0.16% to $1,434; silver also increased by 0.16% to $23.68. During the month, gold slipped by 2.57%; silver, by 1.92%.
On Monday, the Euro/USD slipped by 0.11% to 1.2975; further, the U.S Dollar also appreciated against several currencies such as Aussie dollar by 0.73%.
WTI oil price also fell by 0.91% to $95.17 per barrel; Brent oil decreased by 1.05% to $102.82 per barrel;
Thus, the gap between Brent and WTI fell to $7.65/bbl. During the month, WTI increased by 1.83%; Brent oil, by 0.44%.
Finally, the Henry Hub future (short term delivery) rose yesterday by 0.38% and settled at $3.93/mmbtu.
A Summary for May 13th:
The table below includes: closing rates, daily percent changes, and daily changes:
For further reading: