Oil Silver and Gold Slipped on Wednesday – Recap February 13th

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%.

Energy Commodities:

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:

Gold Silver Crude oil Natural gas 2012 Feb 13

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