Major energy commodities prices mostly traded in a mixed trend on the last business day of the week: the prices of Brent oil and WTI oil rallied on Friday; natural gas Henry Hub future (short term delivery) declined yesterday; silver and gold prices changed course and fell on Friday; the Euro changed course and appreciated against the USD on Friday. Moreover, several other currencies such as the Aussie dollar rallied against the U.S dollar.
Here is a summary of the daily changes of precious metals and energy commodities for March 22nd, 2013:
Forex and Bullion Markets:
On Friday, gold slipped by 0.48% to $1,606.1; silver decreased by 1.76% to $28.67. During the month, gold rose by 1.8%; silver, by 0.97%.
On Friday, the Euro/USD changed course again and rose by 0.71% to 1.2989; the U.S Dollar depreciated against several currencies such as Australian dollar by 0.07%.
WTI oil price bounced back by 1.36% to $93.71 per barrel; Brent oil also increased by 0.18% to $107.66 per barrel;
Thus, the difference between Brent and WTI shrunk again to $13.95/bbl. During the month, WTI rose by 1.8%; Brent oil decreased by 3.34%.
Finally, the Henry Hub future (short term delivery) slightly declined yesterday by 0.2% to reach $3.93/mmbtu.
A Summary for March 22nd:
The table below includes: closing rates, daily percent changes, and daily changes:
For further reading: