Major commodities traded again in a mixed trend on Tuesday: WTI oil price rose while Brent oil edged down; gold and silver didn’t do much as the former edged up while the latter slipped yesterday; natural gas Henry Hub future (October delivery) hiked again by over 5%, and even the spot price increased on Tuesday; the Euro also rose on Tuesday. Many other currency pairs including the Aussie dollar/USD also increased.
Here is a summary of the daily changes in precious metals and energy commodities for September 11th, 2012:
Forex and Bullion Markets:
On Tuesday, gold rose by 0.18% to $1,734; Silver decreased again by 0.2% to reach $33.57. During the month, gold increased by 2.8%; silver, by 5.67%.
On Tuesday, the Euro/USD also rose by 0.75% to 1.2855; further, the U.S Dollar also depreciated against several other currencies including Aussie dollar by 0.99%.
WTI oil price increased yesterday by 0.65% to $97.17 per barrel;
Brent oil slipped by 0.06% to $114.62 per barrel;
Following these shifts, the difference between Brent and WTI fell to $17.45/bbl. During the month, WTI rose by 0.73% while Brent oil slipped by 0.7%.
Finally, the Henry Hub future (October delivery) hiked again by 6.03% to $2.99/mmbtu; the Henry Hub spot also rose to $2.83/mmbtu; the gap between the spot remained at $0.16, contango.
A Summary for September 11th:
The table below includes: closing prices, daily percent changes, and daily changes:
For further reading: