Many commodities were traded mostly down on the penultimate business day of the week: WTI oil and Brent oil changed direction again and fell yesterday; the prices of silver and gold also decreased on Thursday; natural gas Henry Hub future (December delivery) also changed direction on Thursday and declined; the Euro slightly appreciated against the USD on Thursday. Some other currency pairs including the Aussie dollar moderately depreciated against the USD.
Here is a summary of the daily developments of precious metals and energy commodities for November 15th, 2012:
Forex and Bullion Markets:
On Thursday, gold declined by 0.94% and reached $1,713.8; Silver also decreased by 0.64% to $32.67. During November, gold fell by 0.31%; silver rose by 1.1%.
On Thursday, the Euro/USD rose by 0.36% to 1.2782; on the other hand, the U.S Dollar appreciated against some other currencies including Aussie dollar by 0.11%.
WTI oil price changed direction and fell yesterday by 1.01% to $85.45 per barrel; Brent oil also decreased by 1.75% to $107.69 per barrel;
Due to these changes, the difference between Brent and WTI narrowed to $21.45/bbl. During the month, WTI fell by 0.9%; Brent oil, by 0.9%.
Finally, the Henry Hub future (December delivery) fell by 1.6% to reach $3.7/mmbtu.
A Summary for November 15th:
The table below includes: closing prices, daily percent changes, and daily changes:
For further reading: