Natural Gas and Oil Tumbled Down on Thursday – Recap February 21st

Many energy commodities traded mostly down again on Thursday: the prices of Brent oil and WTI oil fell on Thursday; natural gas Henry Hub future (short term delivery) also decreased yesterday; the prices of silver and gold changed direction and inched up on Thursday; the Euro continue to depreciate against the USD on Thursday. Moreover, several other currencies such as the Aussie dollar also declined against the USD.

Here is a summary of the daily changes of precious metals and energy commodities for February 21st, 2013:

Forex and Bullion Markets:

On Thursday, gold inched up by 0.04% and reached $1,578.1; silver also increased by 0.27% to $28.7. During the month, gold fell    by 4.97%; silver, by 8.41%.

On Thursday, the Euro/USD also decreased by 0.7% to 1.319; the U.S Dollar also appreciated against several currencies such as Australian  dollar by 0.1%.

Energy Commodities:

WTI oil price plunged again by  1.72% to $92.84 per barrel; Brent oil also declined by 1.79% to $113.53 per barrel;

Thus, the difference between Brent and WTI contracted to $20.69/bbl. During the month, WTI decreased by 4.77%; Brent oil, by 1.75%.

Finally, the Henry Hub future (short term delivery) also declined yesterday by 1.01% to $3.25/mmbtu.

A Summary for February 21st:

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

Gold Silver Crude oil Natural gas 2012 Feb 21

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