Major commodities were traded with little movement on the first business day of the week: the prices of Brent oil and WTI oil slightly decreased again on Monday; natural gas Henry Hub future (short term delivery) resumed its upward trend yesterday; silver and gold prices inched up on Monday; the Euro also slightly rose against the USD on Monday. Conversely, some other currencies such as the Aussie dollar slightly fell against the US dollar.
Here is a summary of the daily changes of precious metals and energy commodities for March 4th, 2013:
Forex and Bullion Markets:
On Monday, gold inched up by 0.03% and reached $1,572.4; silver also edged up by 0.08% to $28.47. During the month, gold declined by 0.34%; silver rose by 0.27%.
On Monday, the Euro/USD also edged up by 0.03% to 1.3026; the U.S Dollar appreciated against a few currencies such as Australian dollar by 0.06%.
WTI oil price declined again by 0.62% to $90.12 per barrel; Brent oil also fell by 0.28% to $110.09 per barrel;
Thus, the difference between Brent and WTI rose to $19.97/bbl. During the month, WTI decreased by 1.16%; Brent oil, by 2.1%.
Finally, the Henry Hub future (short term delivery) rose yesterday by 2.11% to $3.53/mmbtu.
A Summary for March 4th:
The table below includes: closing rates, daily percent changes, and daily shifts:
For further reading: