Gold Silver and Aussie Dollar Declined on Wednesday – Recap April 17th

Leading commodities traded in a mixed trend on the third business day of the week: the price of Brent remained unchanged while the price of WTI oil sharply fell on Wednesday; natural gas Henry Hub future (short term delivery) rose again yesterday; silver and gold prices changed direction and fell on Wednesday; the Euro sharply depreciated against the USD on Wednesday. Moreover, several other currencies such as the Aussie dollar also depreciated vs. the U.S dollar.

Here is a summary of the daily shifts of precious metals and energy commodities as of April 17th, 2013:

Forex and Precious Metals Markets:

On Wednesday, gold fell by 0.33% to $1,382.2; silver also declined by 1.36% to $23.31. During the month, gold declined    by 13.33%; silver, by 17.62%.

On Wednesday, the Euro/USD sharply decreased by 1.09% to 1.3033; furthermore, the U.S Dollar also appreciated against several currencies such as Aussie  dollar by 0.91%.

Energy Commodities:

WTI oil price sharply declined by 2.3% to $86.68 per barrel; Brent oil remained virtually unchanged at $100.36 per barrel;

Thus, the gap between Brent and WTI expanded to $13.68/bbl. During April, WTI declined by 10.85%; Brent oil, by 8.78%.

Finally, the Henry Hub future (short term delivery) rose again yesterday by 1.30% and settled at $4.21/mmbtu.

A Summary for April 17th:

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

Gold Silver Crude oil Natural gas 2012 April 17

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