Many commodities prices traded in a mixed trend on the third business day of the week: the price of Brent oil inched up while the WTI oil declined on Wednesday; natural gas Henry Hub future (short term delivery) rallied yesterday; the prices of silver and gold changed course and slipped on Wednesday; the Canadian dollar slightly appreciated against the USD on Wednesday. Moreover, several other currencies such as the Aussie dollar also trade up against the USD.
Here is a summary of the daily changes of precious metals and energy commodities for February 13th, 2013:
Forex and Bullion Markets:
On Wednesday, gold declined by 0.27% and reached $1,644.5; silver also decreased by 0.48% to $30.87. During the month, gold decreased by 0.97%; silver, by 1.49%.
On Wednesday, the Euro/USD remained unchanged at 1.3454; the U.S Dollar depreciated against several currencies such as Aussie dollar by 0.64%.
WTI oil price decreased again by 0.51% to $97.01 per barrel; Brent oil edged up by 0.05% to $118.72 per barrel;
Thus, the difference between Brent and WTI widened to $21.71/bbl. During the month, WTI decreased by 0.49%; Brent oil rose by 2.74%.
Finally, the Henry Hub future (short term delivery) bounced back and spiked yesterday by 2.35% to $3.31/mmbtu.
A Summary for February 13th:
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