Gold Silver and Oil Prices Fell on Monday–Recap June 18th

Gold and silver prices started off the week on a negative note as both precious metals edged down on Monday. Crude oil price (WTI) also declined. Natural gas Henry Hub (July delivery) continued to rally and hiked again. The Euro slightly depreciated against the USD. Several other exchange rates such as the Canadian dollar also depreciated.

Here is a summary of the daily changes in precious metals and energy commodities for June 18th, 2012:

Forex and Bullion Markets:

Gold edged down by 0.07% to $1,627; Silver declined again by 0.24% and reached $28.67. During the month, gold rose by 4.01% and silver by 3.29%.

The Euro/USD also slipped by 0.48% to 1.2577; furthermore, the U.S Dollar depreciated against several currencies such as Canadian dollar by 0.24%.

Energy Commodities:

WTI oil price fell yesterday by 0.90% to $83.27 per barrel;

Brent oil also decreased by 1.69% to $95.58 per barrel;

Following these falls, the difference between Brent and WTI declined to $12.31/bbl. During the month, WTI decreased by 3.77% and Brent oil by 6.4%.

Finally, the Henry Hub future (July delivery) hiked by 6.48% to $2.63/mmbtu; the Henry Hub spot also rose to $2.46/mmbtu; the difference between the spot and future increased to $0.17, Contango.

A Summary for June 18th:

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

 Gold Silver Crude oil Natural gas 2012 June 18

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