Many commodities traded down again on the third day of the week: WTI oil and Brent oil prices declined yesterday; the prices of silver and gold also fell on Wednesday; natural gas Henry Hub future (short term delivery) rose again on Wednesday; the Euro edged up against the USD on Wednesday. Some other currency pairs including the Aussie dollar also slightly appreciated again against the USD.
Here is a summary of the daily developments of precious metals and energy commodities for November 28th, 2012:
Forex and Bullion Markets:
On Wednesday, gold fell by 1.48% and reached $1,716.5; Silver also declined by 0.87% to $33.68. During November, gold edged down by 0.15%; silver, on the other hand, rose by 4.23%.
On Wednesday, the Euro/USD edged up by 0.07% to 1.2953; the U.S Dollar also depreciated against some other currencies including Aussie dollar by 0.31%.
WTI oil price also fell by 0.79% to $86.49 per barrel; Brent oil also traded down by 0.32% to $109.52 per barrel;
Thus, the gap between Brent and WTI narrowed again to $23.28/bbl. During the month, WTI rose by 0.3%; Brent oil, by 0.8%.
Finally, the Henry Hub future (December delivery) increased again by 0.8% to $3.8/mmbtu.
A Summary for November 28th:
The table below includes: closing prices, daily percent changes, and daily changes:
For further reading: