Leading commodities were traded up on the third business day of the week: Brent and WTI oil bounced back on Wednesday; natural gas Henry Hub future (short term delivery) also rallied yesterday; silver and gold bounced back from Tuesday’s fall and increased on Wednesday; the Euro rose against the USD on Wednesday. Finally, several currencies such as the Australian dollar also appreciated against the U.S dollar.
Here is a summary of the daily changes of precious metals and energy commodities as of June 12th, 2013:
Forex and Precious Metals Markets:
On Wednesday, gold bounced back by 1.09% to $1,392; silver also increased by 0.69% to $21.80. During the month, gold slipped by 0.04%; silver, by 1.94%.
On Wednesday, the Euro/USD increased by 0.19% to 1.3338; moreover, the U.S Dollar slightly depreciated against some currencies such as Aussie dollar by 0.63%.
WTI oil price increased by 0.52% to $95.88 per barrel; Brent oil also rallied by 0.58% to $103.49 per barrel;
Thus, the gap between Brent and WTI reached $7.61/bbl. During the month, WTI rose by 4.25%; Brent oil, by 3.09%.
Finally, the Henry Hub future (short term delivery) also rallied yesterday by 1.42% and settled at $3.78/mmbtu.
A Summary for June 12th:
The table below includes: closing rates, daily percent shifts, and daily changes:
For further reading: