Gold and silver prices continue to shift from gains to losses and moving with an unclear trend; after they had increased on Wednesday, they have declined yesterday. Crude oil prices also declined; natural gas future sharply fell yesterday. The Euro slightly decreased again against the U.S. dollar.
Here is a summary of the changes in precious metals and energy commodities for March 22nd, 2012:
Gold price slightly fell by 0.47% to $1,642.5; Silver price also decreased by 2.74% and reached $31.35. During March, gold decreased by 4.02% and silver by 9.52%.
The Euro/USD slipped yesterday by 0.11% to 1.3201; furthermore, the U.S Dollar also appreciated against other exchange rates such as the Yen.
Oil and Gas:
WTI price also fell by 1.78% to $104.96 per barrel; Brent oil also decreased by 0.54% to $123.78 per barrel;
Due to these changes, the difference between Brent and WTI oil prices expanded to $18.82/bbl. During the month, WTI declined by 1.97% and Brent oil edged down by 0.1%.
The Henry Hub future (April delivery) decreased by 3.81% to $2.27/mmbtu; the Henry Hub spot price also declined to $2.18/mmbtu; the difference between the spot and future reached $0.09/mmbtu, i.e. Contango.
A Summary of Changes for March 22nd:
The table below includes: closing prices, daily percent changes, and daily changes:
For further reading: