Natural Gas and Oil Fell on Monday – Recap December 10th

Many energy commodities prices declined on the first business day of the week while precious metals rose: WTI oil declined while Brent oil prices slightly rose yesterday; the prices of gold and silver, on the other hand, rose again on Monday; natural gas Henry Hub future (short term delivery) plummeted again on Monday; the Euro rose against the USD on Monday. Some other currency pairs including the Aussie dollar also appreciated against the USD.

Here is a summary of the daily developments of precious metals and energy commodities for December 10th, 2012:

Forex and Bullion Markets:

On Monday, gold rose by 0.52% and reached $1,713.2; Silver also increased by 0.73% to $33.32. During the month, gold edged up by 0.14%; silver, by 0.34%.

On Monday, the Euro/USD edged up by 0.08% to 1.2937; the U.S Dollar depreciated against some other currencies including Aussie dollar by 0.01%.

Energy Commodities:

WTI oil price declined again by 0.43% to $85.56 per barrel; Brent oil, on the other hand, rose by 0.29% to $107.33 per barrel;

Thus, the gap between Brent and WTI widen again to $21.77/bbl. During the month, WTI decreased by 3.8%; Brent oil, by 3.5%.

Finally, the Henry Hub future (short term delivery) plummeted again by 2.54% to $3.46/mmbtu.

A Summary for December 10th:

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

Gold Silver Crude oil Natural gas 2012 December 10

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