Gold Silver and Euro Inched Up – Recap March 4th

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%.

Energy Commodities:

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:

Gold Silver Crude oil Natural gas 2012 March 4

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