Gold Silver and Oil Rose on Monday – Recap March 18th

Leading commodities prices rallied on the first business day of the week: the prices of Brent oil and WTI oil slightly rose on Monday; natural gas Henry Hub future (short term delivery) also increased yesterday; silver and gold prices rose on Monday; the Euro depreciated against the USD on Monday. Moreover, several other currencies such as the Aussie dollar also depreciated against the US dollar.

Here is a summary of the daily developments of precious metals and energy commodities for March 18th, 2013:

Forex and Bullion Markets:

On Monday, gold rose by 0.75% to $1,604.6; silver also increased by 0.08% to $28.85. During the month, gold rose    by 1.71%; silver, by 1.6%.

On Monday, the Euro/USD tumbled down by 0.89% to 1.296; the U.S Dollar also appreciated against several currencies such as Australian  dollar by 0.08%.

Energy Commodities:

WTI oil price increased again by 0.45% to $93.45 per barrel; Brent oil edged down by 0.04% to $109.38 per barrel;

Thus, the gap between Brent and WTI contracted to $15.77/bbl. During the month, WTI increased by 1.68%; Brent oil decreased by 1.84%.

Finally, the Henry Hub future (short term delivery) increased again yesterday by 0.26% to reach $3.88/mmbtu.

A Summary for March 18th:

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

Gold Silver Crude oil Natural gas 2012 March 18

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