Major commodities traded mostly up on the second business day of the week: the price of Brent oil and WTI oil rose yesterday; natural gas Henry Hub future (short term delivery), on the other hand, fell again yesterday; the prices of gold and silver increased on Tuesday; the Euro appreciated against the USD on Tuesday. Moreover, several other currency pairs such as the Aussie dollar and Canadian dollar also appreciated against the USD.
Here is a summary of the daily shifts of precious metals and energy commodities for January 15th, 2013:
Forex and Bullion Markets:
On Tuesday, gold rose by 0.48% and reached $1,660.8; silver also increased by 1.31% to $31.16. During the month, gold slipped by 0.84%; silver rose by 3.27%.
On Tuesday, the Euro/USD bounced back by 0.27% to 1.3492; the U.S Dollar depreciated against some currencies such as Aussie dollar by 0.55%.
WTI oil price rose by 1.16% to $97.57 per barrel; Brent oil also increased by 0.78% to $114.36 per barrel;
Thus, the difference between Brent and WTI narrowed to $16.79/bbl. During the month, WTI increased by 6.3%; Brent oil, by 2.9%.
Finally, the Henry Hub future (short term delivery) fell again yesterday by 1.92% to $3.23/mmbtu.
A Summary for January 29th:
The table below includes: closing prices, daily percent changes, and daily changes:
For further reading: