Major commodities bounced back from their sharp fall on Friday as many of them rose on Monday. Crude oil prices including both WTI and Brent rallied on Monday. Gold and silver prices also sharply increased yesterday. Natural gas Henry Hub (August delivery) also hiked. The Euro slightly rose again against the USD. Several currencies rates including the Aussie dollar declined against USD.
Here is a summary of the daily changes in precious metals and energy commodities for July 9th, 2012:
Forex and Bullion Markets:
Gold rose by 0.65% to $1,589.1; Silver also increased by 1.95% and reached $27.44. During the month, gold decreased by 0.94% and silver by 0.61%.
The Euro/USD also edged up by 0.19% to 1.2313; further, the U.S Dollar fell against several currencies such as Aussie dollar by 0.03%.
WTI oil price also bounced back yesterday by 1.82% to $85.99 per barrel;
Brent oil also increased by 1.86% to $100.03 per barrel;
Following these changes, the difference between Brent and WTI reached $14.04/bbl. During the month, WTI rose by 1.21% and Brent oil by 3.1%.
Finally, the Henry Hub future (August delivery) hiked by 3.96% to $2.89/mmbtu; the Henry Hub spot decreased to $2.78/mmbtu; the difference between the spot and future reached $0.11, Contango.
A Summary for July 9th:
The table below includes: closing prices, daily percent changes, and daily changes:
For further reading: