Many commodities traded mostly down on the first day of the week: WTI oil and Brent oil traded down yesterday; the prices of silver and gold remained virtually unchanged on Monday; natural gas Henry Hub future (December delivery) changed direction from last week and tumbled down on Monday; the Euro remained flat against the USD on Monday. Some other currency pairs including the Aussie dollar slightly appreciated again against the USD.
Here is a summary of the daily developments of precious metals and energy commodities for November 26th, 2012:
Forex and Bullion Markets:
On Monday, gold declined by 0.1% and reached $1,749.6; Silver rose by 0.06% to $34.14. During November, gold increased by 1.77%; silver, by 5.63%.
On Monday, the Euro/USD remained flat at 1.2972; the U.S Dollar slightly depreciated against some other currencies including Aussie dollar by 0.04%.
Energy Commodities:
WTI oil price fell by 0.61% to $87.74 per barrel; Brent oil also traded down by 0.41% to $110.92 per barrel;
Thus, the difference between Brent and WTI narrowed to $24.68/bbl. During the month, WTI rose by 1.7%; Brent oil, by 2.0%.
Finally, the Henry Hub future (December delivery) remained at $3.9/mmbtu.
A Summary for November 26th:
The table below includes: closing prices, daily percent changes, and daily changes:
For further reading: