Many commodities were traded up on the first business day of the week: WTI oil and Brent oil traded sharply up yesterday; the prices of silver and gold also increased on Monday; natural gas Henry Hub future (December delivery), on the other hand, changed direction on Monday and declined; the Euro appreciated against the USD on Monday. Some other currency pairs including the Aussie dollar also appreciated against the USD.
Here is a summary of the daily developments of precious metals and energy commodities for November 19th, 2012:
Forex and Bullion Markets:
On Monday, gold rose by 1.15% and reached $1,734.4; Silver also increased by 2.53% to $33.19. During November, gold increased by 0.89%; silver, by 2.7%.
On Monday, the Euro/USD also rose by 0.56% to 1.2814; moreover, the U.S Dollar also depreciated against some other currencies including Aussie dollar by 0.7%.
WTI oil price hiked yesterday by 3.07% to $89.28 per barrel; Brent oil also increased by 2.53% to $111.7 per barrel;
Due to these changes, the difference between Brent and WTI widen to $25.46/bbl. During the month, WTI increased by 2.8%; Brent oil, by 3.5%.
Finally, the Henry Hub future (December delivery) fell by 1.85% to reach $3.72/mmbtu.
A Summary for November 19th:
The table below includes: closing prices, daily percent changes, and daily changes:
For further reading: