Oil and Silver Declined Again on Thursday – Recap April 4th

The prices of major commodities mostly declined again on the penultimate business day of the week: the price of Brent oil and WTI oil declined on Thursday; natural gas Henry Hub future (short term delivery) bounced back yesterday; silver and gold traded slightly down on Thursday; the Euro appreciated again against the USD on Thursday. Conversely, several other currencies including the Australian dollar and Japanese yen depreciated against the U.S dollar.

Here is a summary of the daily changes of precious metals and energy commodities as of April 4th, 2013:

Forex and Precious Metals Markets:

On Thursday, gold edged down by 0.07% to $1,552; silver also slipped by 0.11% to $26.77. During the month, gold rose    by 2.68%; silver, by 5.39%.

On Thursday, the Euro/USD rallied by 0.65% to 1.2937; the U.S Dollar appreciated against several currencies such as Aussie  dollar by 0.25%.

Energy Commodities:

WTI oil price declined again by 1.26% to $93.26 per barrel; Brent oil fell by 0.72% to $106.34 per barrel;

Thus, the gap between Brent and WTI expanded to $13.08/bbl. During the month, WTI declined by 4.08%; Brent oil fell by 3.34%.

Finally, the Henry Hub future (short term delivery) rose yesterday by 1.21% and settled at $3.95/mmbtu.

A Summary for April 4th:

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

Gold Silver Crude oil Natural gas 2012 April 4

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