Gold and silver prices ended the week the same way they have changed throughout the entire week – with little movement. On Friday gold price slightly rose while silver moderately declined. Crude oil also traded up. Natural gas future prices continued to trade up. Finally, the Euro increased again against the U.S. dollar, other currencies such as the Aussie dollar also appreciated vs. the USD.
Here is a summary of the developments in precious metals and energy commodities for April 20th, 2012:
Gold price increased by 0.09% to $1,642.8; Silver price on the other hand declined by 0.4% and reached $31.72. During April, gold declined by 1.74% and silver by 2.35%.
The Euro/USD rose yesterday by 0.62% to 1.3219; furthermore, the U.S Dollar also depreciated against other exchange rates such as the Aussie dollar.
Oil and Gas:
WTI oil price rose by 0.76% to $103.05 per barrel; Brent oil also increased by 0.92% to $118.52 per barrel;
Following these changes, the difference between Brent and WTI oil prices reached $15.47/bbl. During the month, WTI edged up by 0.03% and Brent oil declined by 4.3%.
The Henry Hub future (May delivery) rose by 1.05% to $1.93/mmbtu; the Henry Hub spot price slipped to $1.84/mmbtu; the gap between the spot and future reached $0.09/mmbtu, i.e. Contango.
A Summary of Changes for April 20th:
The table below includes: closing prices, daily percent changes, and daily changes:
For further reading: