Many commodities mostly traded down again on the last business day of the week: the rates of Brent oil and WTI oil declined on Friday; natural gas Henry Hub future (short term delivery) also decreased yesterday; the prices of silver and gold plummeted on Friday; the Euro moderately depreciated against the USD on Friday. Moreover, several other currencies such as the Aussie dollar also declined against the USD.
Here is a summary of the daily changes of precious metals and energy commodities for February 15th, 2013:
Forex and Bullion Markets:
On Friday, gold declined by 1.55% and reached $1,609.5; silver also sharply decreased by 1.66% to $29.85. During the month, gold decreased by 3.08%; silver, by 4.74%.
On Friday, the Euro/USD edged down by 0.02% to 1.336; the U.S Dollar also appreciated against several currencies such as Aussie dollar by 0.52%.
WTI oil price also decreased by 1.49% to $95.86 per barrel; Brent oil fell by 0.78% to $117.66 per barrel;
Thus, the difference between Brent and WTI expanded to $21.80/bbl. During the month, WTI decreased by 1.67%; Brent oil rose by 1.83%.
Finally, the Henry Hub future (short term delivery) slipped yesterday by 0.41% to $3.15/mmbtu.
A Summary for February 15th:
The table below includes: closing rates, daily percent shifts, and daily changes:
For further reading:
- Gold and Silver Outlook for February 11-15
- Weekly Outlook Financial Markets for February 11-15
- Gold and Silver Outlook for February
- Gold and Silver Yearly Outlook For 2013