Major commodities show rises for second straight day – April 28

Gold and silver prices continue to break new grounds as they have reached their highest price levels in April. Crude oil prices continue to moderately change with no clear trend and natural gas prices keep on rising.

Here is a summary of the changes in commodities and precious metals for April 28th:

Precious Metals prices:

Silver prices rose for the second straight day this time by 3.38% to 47.54$ – its highest level this month so far; gold prices also inclined by 0.93% and reached 1,531.7 – also the highest price level in April.


During April, gold prices increased by 7.2%, and silver prices rose by 26%.

Oil and Gas prices:

Crude spot oil price (WTI) very moderately inclined by 0.09% to reach 112.86$/b; during April the WTI spot oil price rose by 4.9%.

Brent spot price on the other hand declined by 0.87% and reached 124.58$/b.


As a result, the difference between Brent and WTI moderately inclined to 11.72$/b – the lowest gap since April 1st.

Natural gas spot price (Henry Hub) inclined yesterday by 0.92% and reached 4.39$/mmbtu.

The Henry Hub future price increased by 3.63% to 4.57$/mmbtu, as a result the spread between future and spot price increased to +0.18$, i.e. contango – the largest gap this month.

EURO/ USD continue to increase as it finished the day with a moderate increase of 0.24%, as the USD continued to depreciate against the EURO.

For a more detailed report on major currencies, check out Forex crunch.

A summary of yesterday’s Prices Changes:

The table below includes: closing prices, daily percent change, and change in US dollars (except for USD/CAD, in which the change is in Canadian dollars):

Crude oil spot price, Natural gas spot price, Current Gold prices Silver prices April 28


For further reading (in this site):

Gold & Silver Prices Outlook – 27 April

Monthly Analysis and Outlook: