Silver and Gold Declined Again on Thursday – Recap February 14th

Many commodities prices mostly traded down on the penultimate business day of the week: the price of Brent oil slipped while the WTI oil rallied on Thursday; natural gas Henry Hub future (short term delivery) changed direction and tumbled down yesterday; the prices of silver and gold continued to trade down on Thursday; the Euro depreciated against the USD on Thursday. Moreover, several other currencies such as the Aussie dollar also trade down against the USD.

Here is a summary of the daily changes of precious metals and energy commodities for February 14th, 2013:

Forex and Bullion Markets:

On Thursday, gold fell by 0.58% and reached $1,634.9; silver also decreased by 1.67% to $30.35. During the month, gold decreased    by 1.55%; silver, by 3.13%.

On Thursday, the Euro/USD fell by 0.68% to 1.3362; the U.S Dollar appreciated against several currencies such as Aussie  dollar by 0.12%.

Energy Commodities:

WTI oil price rose by 0.31% to $97.31 per barrel; Brent oil edged down by 0.12% to $118.58 per barrel;

Thus, the difference between Brent and WTI shrunk to $21.27/bbl. During the month, WTI decreased by 0.18%; Brent oil rose by 2.62%.

Finally, the Henry Hub future (short term delivery) changed course and fell yesterday by 4.33% to $3.16/mmbtu.

A Summary for February 14th:

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

Gold Silver Crude oil Natural gas 2012 Feb 14

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