Many commodities were mostly traded up on the first business day of the week: the prices of Brent oil slightly increased while WTI oil edged down on Monday; natural gas Henry Hub future (short term delivery) continued last week’s rally and spiked yesterday; the prices of silver and gold also rose on Monday; the Euro on the other hand declined against the USD on Monday. Moreover, several other currencies such as the Aussie dollar also fell against the US dollar.
Here is a summary of the daily changes of precious metals and energy commodities for February 25th, 2013:
Forex and Bullion Markets:
On Monday, gold rose by 0.88% and reached $1,586.1; silver also increased by 1.85% to $28.99. During the month, gold decreased by 4.49%; silver, by 7.49%.
On Monday, the Euro/USD tumbled down by 0.99% to 1.3064; the U.S Dollar also appreciated against several currencies such as Australian dollar by 0.6%.
WTI oil price inched down by 0.02% to $93.11 per barrel; Brent oil on the other hand rose by 0.3% to $114.44 per barrel;
Thus, the difference between Brent and WTI slightly expanded to $21.33/bbl. During the month, WTI decreased by 4.49%; Brent oil, by 0.96%.
Finally, the Henry Hub future (short term delivery) spiked yesterday by 3.74% to $3.41/mmbtu.
A Summary for February 25th:
The table below includes: closing rates, daily percent shifts, and daily changes:
For further reading: