Major commodities traded again in a mixed trend on Wednesday: WTI oil price slipped while Brent oil rose; gold and silver didn’t do much as the both precious metals slipped yesterday; natural gas Henry Hub future (October delivery) and stop price rose again on Wednesday; the Euro also trade up on Wednesday. Several other currency pairs including the Aussie dollar/USD also rose.
Here is a summary of the daily changes in precious metals and energy commodities for September 12th, 2012:
Forex and Bullion Markets:
On Wednesday, gold slipped by 0.07% to $1,733.7; Silver also decreased by 0.82% to reach $33.29. During the month, gold increased by 2.73%; silver, by 5.88%.
On Wednesday, the Euro/USD rose by 0.35% to 1.29; further, the U.S Dollar also appreciated against several other currencies including Aussie dollar by 0.32%.
WTI oil price decreased yesterday by 0.16% to $97.01 per barrel;
Brent oil rose by 1.09% to $115.87 per barrel;
Following these changes, the difference between Brent and WTI rose to $18.86/bbl. During the month, WTI rose by 0.56%; Brent oil, by 0.4%.
Finally, the Henry Hub future (October delivery) increased again by 2.34% to $3.06/mmbtu; the Henry Hub spot also rose to $2.96/mmbtu; the gap between the spot reached $0.10, contango.
A Summary for September 12th:
The table below includes: closing prices, daily percent changes, and daily changes:
For further reading: