Major commodities were traded mostly up on the second business day of the week: the prices of Brent oil and WTI oil increased on Tuesday; natural gas Henry Hub future (short term delivery) remained unchanged yesterday; silver and gold prices slightly increased on Tuesday; the Euro also rose against the USD on Tuesday. Moreover, several other currencies such as the Aussie dollar also appreciated against the US dollar.
Here is a summary of the daily changes of precious metals and energy commodities for March 5th, 2013:
Forex and Bullion Markets:
On Tuesday, gold rose by 0.16% and reached $1,574.9; silver also increased by 0.37% to $28.58. During the month, gold declined by 0.18%; silver rose by 0.64%.
On Tuesday, the Euro/USD also increased by 0.2% to 1.3052; the U.S Dollar depreciated against a few currencies such as Australian dollar by 0.61%.
WTI oil price changed course and rallied by 0.78% to $90.82 per barrel; Brent oil also increased by 0.78% to $111.61 per barrel;
Thus, the difference between Brent and WTI expanded to $20.79/bbl. During the month, WTI decreased by 1.34%; Brent oil inched up by 0.21%.
Finally, the Henry Hub future (short term delivery) remained unchanged yesterday at $3.53/mmbtu.
A Summary for March 5th:
The table below includes: closing rates, daily percent changes, and daily shifts:
For further reading: