Gold and Silver Rose Again on Tuesday– Recap February 26th

Several commodities were traded up on the second business day of the week: the prices of Brent oil and WTI oil declined on Tuesday; natural gas Henry Hub future (short term delivery) on the other hand increased yesterday; silver and gold also traded up on Tuesday; the Euro on the other hand inched down against the USD on Tuesday. Moreover, some other currencies such as the Aussie dollar also slightly declined against the US dollar.

Here is a summary of the daily changes of precious metals and energy commodities for February 26th, 2013:

Forex and Bullion Markets:

On Tuesday, gold increased by 1.82% and reached $1,615; silver also increased by 0.94% to $29.26. During the month, gold decreased    by 2.75%; silver, by 6.62%.

On Tuesday, the Euro/USD inched down by 0.02% to 1.3061; the U.S Dollar also appreciated against several currencies such as Australian  dollar by 0.28%.

Energy Commodities:

WTI oil price declined by  0.52% to $92.63 per barrel; Brent oil also fell by 1.51% to $112.71 per barrel;

Thus, the gap between Brent and WTI contracted to $20.08/bbl. During the month, WTI decreased by 4.99%; Brent oil, by 2.46%.

Finally, the Henry Hub future (short term delivery) rose again yesterday by 0.38% to $3.43/mmbtu.

A Summary for February 26th:

The table below includes: closing rates, daily percent shifts, and daily changes:

Gold Silver Crude oil Natural gas 2012 Feb 26

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