Gold Silver and Oil Rose Again on Monday – Recap April 29th

Major commodities prices increased again on the first business day of the week: the prices of Brent and WTI oil rose on Monday; natural gas Henry Hub future (short term delivery) spiked yesterday; silver and gold prices changed direction and rallied on Monday; the Euro slightly increased against the USD on Monday. Moreover, several other currencies such as the Canadian dollar also moderately appreciated vs. the U.S dollar.

Here is a summary of the daily developments of precious metals and energy commodities as of April 29th, 2013:

Forex and Precious Metals Markets:

On Monday, gold increased by 0.95% to $1,467.4; silver also increased by 1.53% to $24.12. During the month, gold declined    by 8%; silver, by 14.74%.

On Monday, the Euro/USD slightly rose by 0.53% to 1.3099; moreover, the U.S Dollar depreciated against several currencies such as Canadian  dollar by 0.54%.

Energy Commodities:

WTI oil price also rose by 1.61% to $94.50 per barrel; Brent oil also increased by 0.63% to $103.81 per barrel;

Thus, the difference between Brent and WTI shrank to $9.31/bbl. During April, WTI declined by 2.81%; Brent oil, by 5.64%.

Finally, the Henry Hub future (short term delivery) spiked yesterday by 5.78% and settled at $4.39/mmbtu.

A Summary for April 29th:

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

Gold Silver Crude oil Natural gas 2012 April 29

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