Gold and silver prices, along with energy other commodities, ended the week on positive note and rose on Friday. Crude oil also edged up on the last day of the week. On the other hand the price of natural gas future continued to tumble down. The Euro also continued to depreciate again against the USD. Many other exchange rates also edged down against the USD such as Australian dollar.
Here is a summary of the daily changes in precious metals and energy commodities for May 25th, 2012:
Gold rose again by 0.73% to $1,571.2; Silver also increased by 0.81% and reached $28.39. During the month, gold decreased by 5.59% and silver by 8.48%.
The Euro/USD declined again by 0.13% to 1.2517; furthermore, the U.S Dollar slightly depreciated against several currencies such as the Australian dollar.
WTI oil price increased yesterday by 0.28% to $90.66 per barrel; Brent oil also rose by 0.1% to $107.95 per barrel;
Following these changes, the difference between Brent and WTI settled $17.29/bbl. During the month, WTI decreased by 13.55% and Brent oil by 9.8%.
On the other hand the Henry Hub future (June delivery) fell again by 3.02% to $2.57/mmbtu; the Henry Hub spot traded down to $2.57/mmbtu; the difference between the spot and future fell to $0.00/mmbtu.
A Summary for May 25th:
The table below includes: closing prices, daily percent changes, and daily changes:
For further reading: