Many commodities prices only slightly moved on the first business day of the week: WTI oil moderately increased while Brent oil prices declined yesterday; the prices of gold and silver remained virtually unchanged on Monday; natural gas Henry Hub future (short term delivery) bounced back from its last week’s downward trend; the Euro edged up against the USD on Monday. Several other currency pairs such as the Aussie dollar/USD depreciated against the USD.
Here is a summary of the daily developments of precious metals and energy commodities for December 17th, 2012:
Forex and Bullion Markets:
On Monday, gold rose by 0.11% and reached $1,697; Silver declined by 0.29% to $32.21. During the month, gold decreased by 0.81%; silver, by 3.01%.
On Monday,the Euro/USD rose by 0.01% to 1.3164; the U.S Dollar appreciated against some other currencies such as Aussie dollar by 0.13%.
WTI oil price rose again by 0.54% to $87.2 per barrel; Brent oil decreased by 0.79% to $107.64 per barrel;
Thus, the difference between Brent and WTI shrunk to $20.44/bbl. During the month, WTI decreased by 1.9%; Brent oil, by 3.2%.
Finally, the Henry Hub future (short term delivery) bounced back and rose by 1.54% to $3.36/mmbtu.
A Summary for December 17th:
The table below includes: closing prices, daily percent changes, and daily changes:
For further reading: