Gold and Silver Prices Rose on Monday–Recap June 25th

Gold and silver prices started off the week on a positive note as both precious metals hiked on Monday. This rally comes after both metals tumbled down last week. Crude oil price (WTI) continued to decline while Brent oil edged up. Natural gas Henry Hub (July delivery) continued to increase. The Euro slightly depreciated against the USD. Several other exchange rates such as the Aussie dollar also depreciated.

Here is a summary of the daily changes in precious metals and energy commodities for June 25th, 2012:

Forex and Bullion Markets:

Gold rose by 1.37% to $1,588; Silver also increased by 3.23% and reached $27.59. During the month, gold increased by 1.55% and silver declined by 0.61%.

The Euro/USD decreased by 0.53% to 1.2504; furthermore, the U.S Dollar also appreciated against several currencies such as Australian dollar by 0.53%.

Energy Commodities:

WTI oil price slipped yesterday by 0.44% to $79.01 per barrel;

Brent oil on the other hand bounced back by 0.33% to $90.67 per barrel;

Following these changes, the difference between Brent and WTI reached $11.66/bbl. During the month, WTI decreased by 8.69% and Brent oil by 11.2%.

Finally, the Henry Hub future (July delivery) hiked by 2.28% to $2.69/mmbtu; the Henry Hub spot rose to $2.70/mmbtu; the difference between the spot and future fell to -$0.01, Backwardation.

A Summary for June 25th:

The table below includes: closing prices, daily percent changes, and daily changes:

 Gold Silver Crude oil Natural gas 2012 June 25

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