Gold and silver prices ended the week rising. During the entire week they have shifted from gains to losses with an unclear trend; Crude oil prices also edged up on Friday; natural gas prices continued to their freefall with end in sight. The Euro slightly rose again against the U.S. dollar.
Here is a summary of the changes in precious metals and energy commodities for March 30th, 2012:
Gold price rose by 1.03% to $1,671.9; Silver price also increased by 1.54% and reached $32.48. During March, gold decreased by 2.3% and silver by 6.23%.
The Euro/USD also increased yesterday by 0.32% to 1.3344; furthermore, the U.S Dollar also appreciated against other exchange rates such as the Canadian dollar.
Oil and Gas:
WTI price also edged up by 0.23% to $103.02 per barrel; Brent oil also increased by 0.24% to $123.81 per barrel;
Due to these changes, the difference between Brent and WTI oil prices expanded to $20.79/bbl. During the month, WTI declined by 3.78% and Brent oil by 0.1%.
The Henry Hub future (April delivery) decreased by 0.93% to $2.13/mmbtu; the Henry Hub spot price sharply declined to $1.98/mmbtu; the difference between the spot and future reached $0.15/mmbtu, i.e. Contango.
A Summary of Changes for March 30th:
The table below includes: closing prices, daily percent changes, and daily changes:
For further reading: