Many commodities prices traded mostly up on the second business day of the week: the prices of Brent oil and WTI oil rose on Tuesday; natural gas Henry Hub future (short term delivery) fell yesterday; the prices of silver and gold slightly rose on Tuesday; the Euro slightly appreciated again against the USD on Tuesday. Moreover, some other currency pairs such as the Aussie dollar also appreciated against the USD.
Here is a summary of the daily changes of precious metals and energy commodities for February 12th, 2013:
Forex and Bullion Markets:
On Tuesday, gold inched up by 0.03% and reached $1,648.9; silver also increased by 0.35% to $31.02. During the month, gold decreased by 0.7%; silver, by 1.01%.
On Tuesday, the Euro/USD rose again by 0.37% to 1.3454; the U.S Dollar depreciated against some currencies such as Aussie dollar by 0.49%.
WTI oil price increased again by 0.49% to $97.51 per barrel; Brent oil also increased by 0.45% to $118.66 per barrel;
Thus, the difference between Brent and WTI widened to $21.15/bbl. During the month, WTI increased by 0.02%; Brent oil, by 2.69%.
Finally, the Henry Hub future (short term delivery) fell yesterday by 1.52% to $3.23/mmbtu.
A Summary for February 12th:
The table below includes: closing prices, daily percent shifts, and daily changes:
For further reading:
- Gold and Silver Outlook for February 11-15
- Weekly Outlook Financial Markets for February 11-15
- Gold and Silver Outlook for February
- Gold and Silver Yearly Outlook For 2013