Silver and Gold Tumbled Down on Monday – Recap February 11th

Many commodities prices traded mostly down on the first business day of the week: the price of Brent oil declined while WTI oil bounced back on Monday; natural gas Henry Hub future (short term delivery) inched up yesterday; the prices of silver and gold sharply declined on Monday; the Euro slightly appreciated against the USD on Monday. Conversely, some other currency pairs such as the Aussie dollar depreciated against the USD.

Here is a summary of the daily changes of precious metals and energy commodities for February 11th, 2013:

Forex and Bullion Markets:

On Monday, gold declined by 1.07% and reached $1,648.4; silver also fell by 1.69% to $30.91. During the month, gold decreased    by 0.73%; silver, by 1.36%.

On Monday, the Euro/USD rose by 0.29% to 1.3404; the U.S Dollar appreciated against some currencies such as Aussie  dollar by 0.62%.

Energy Commodities:

WTI oil price bounced back and rose by 1.37% to $97.03 per barrel; Brent oil decreased by 0.65% to $118.13 per barrel;

Thus, the difference between Brent and WTI contracted to $21.1/bbl. During the month, WTI decreased by 0.47%; Brent oil rose by 2.23%.

Finally, the Henry Hub future (short term delivery) inched up yesterday by 0.24% to $3.28/mmbtu.

A Summary for February 11th:

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

Gold Silver Crude oil Natural gas 2012 Feb 11

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