Major commodities traded mostly up on the second business day of the week: the price of Brent and WTI oil rose again on Tuesday; natural gas Henry Hub future (short term delivery) declined yesterday; silver and gold prices rallied on Tuesday; the Euro slightly appreciated again vs. the USD on Tuesday. Moreover, several other currencies such as the Australian dollar also appreciated against the U.S dollar.
Here is a summary of the daily changes of precious metals and energy commodities as of April 9th, 2013:
Forex and Precious Metals Markets:
On Tuesday, gold rose by 0.90% to $1,586.3; silver also increased by 2.74% to $27.88. During the month, gold declined by 0.53%; silver, by 1.45%.
On Tuesday, the Euro/USD rose by 0.57% to 1.3084; further, the U.S Dollar also depreciated against several currencies such as Aussie dollar by 0.73%.
Energy Commodities:
WTI oil price rose again by 0.90% to $94.20 per barrel; Brent oil also increased by 1.50% to $106.23 per barrel;
Thus, the gap between Brent and WTI expanded to $12.03/bbl. During April, WTI declined by 3.12%; Brent oil, by 3.44%.
Finally, the Henry Hub future (short term delivery) fell yesterday by 1.59% and settled at $4.02/mmbtu.
A Summary for April 9th:
The table below includes: closing prices, daily percent changes, and daily changes:
For further reading: