Major commodities moved in an unclear trend on the second business day of the week: the price of Brent oil and WTI oil changed direction and declined; the prices of gold and silver increased again on Tuesday; natural gas Henry Hub future (short term delivery) continued to rally yesterday; the Euro declined against the USD on Tuesday. Moreover, several other currency pairs such as the Aussie dollar also depreciated against the USD.
Here is a summary of the daily developments of precious metals and energy commodities for January 15th, 2013:
Forex and Bullion Markets:
On Tuesday, gold increased by 0.87% and reached $1,683.9; silver also increased by 1.34% to $31.5. During the month, gold rose by 0.54%; silver, by 4.4%.
On Tuesday,the Euro/USD changed direction and declined by 0.54% to 1.3306; the U.S Dollar appreciated against some currencies such as Aussie dollar by 0.03%.
WTI oil price fell by 0.91% to $93.28 per barrel; Brent oil decreased by 1.41% to $110.3 per barrel;
Thus, the difference between Brent and WTI narrowed to $17.02/bbl. During the month, WTI increased by 1.6%; Brent oil declined by 0.7%.
Finally, the Henry Hub future (short term delivery) increased again yesterday by 2.43% to $3.46/mmbtu.
A Summary for January 15th:
The table below includes: closing prices, daily percent changes, and daily changes:
For further reading: