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%.
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:
For further reading: