Gold Silver and Oil Bounced Back on Monday – Recap November 5th

Many commodities were traded up on the first day of the week following the recent tumble in their prices on Friday: WTI oil and Brent oil rose on Monday; the prices of silver and gold also increased for the first business day of the last three; natural gas Henry Hub future (November delivery) remained flat on Monday; the Euro slightly depreciated against the USD on Monday. Some other currency pairs including the Canadian dollar fell against the USD.

Here is a summary of the daily developments of precious metals and energy commodities for November 5th, 2012:

Forex and Bullion Markets:

On Monday, gold rose by 0.48% to $1,683.2; Silver also increased by 0.87% to $31.13. During November, gold decreased by 1.68%; silver, by 2.83%.

On Monday, the Euro/USD declined again by 0.29% to 1.2795; further, the U.S Dollar slightly appreciated against some other currencies including Canadian dollar by 0.05%.

Energy Commodities:

WTI oil price also rallied yesterday by 0.93% to $85.65 per barrel; Brent oil also increased by 2% to $107.79 per barrel;

Due to these developments, the difference between Brent and WTI widen to $21.55/bbl. During the month, WTI declined by 2.7%; Brent oil, by 0.93%.

Finally, the Henry Hub future (December delivery) remained flat at $3.55/mmbtu.

A Summary for November 5th:

The table below includes: closing prices, daily percent changes, and daily changes:

Gold Silver Crude oil Natural gas 2012 November 5

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