Many commodities were traded with a mixed trend on the last business day of the week: WTI oil and Brent oil changed direction again and rallied yesterday; the prices of silver and gold moved in different directions as gold edged up while silver declined on Friday; natural gas Henry Hub future (December delivery) also changed direction on Friday and bounced back; the Euro slightly depreciated against the USD on Friday. Some other currency pairs including the Aussie dollar moderately appreciated against the USD.
Here is a summary of the daily developments of precious metals and energy commodities for November 16th, 2012:
Forex and Bullion Markets:
On Friday, gold edged up by 0.05% and reached $1,714.7; Silver decreased again by 0.92% to $32.37. During November, gold fell by 0.26%; silver rose by 0.17%.
On Friday, the Euro/USD slipped by 0.31% to 1.2743; on the other hand, the U.S Dollar depreciated against some other currencies including Aussie dollar by 0.08%.
WTI oil price changed direction and rose yesterday by 1.37% to $86.62 per barrel; Brent oil also increased by 0.87% to $108.95 per barrel;
Due to these shifts, the difference between Brent and WTI widen to $22.71/bbl. During the month, WTI increased by 0.4%; Brent oil, by 0.2%.
Finally, the Henry Hub future (December delivery) bounced back by 2.43% to reach $3.79/mmbtu.
A Summary for November 16th:
The table below includes: closing prices, daily percent changes, and daily changes:
For further reading: