Major commodities traded in a mixed trend on the first business day of the week: the price of Brent oil and WTI oil slightly declined yesterday; natural gas Henry Hub future (short term delivery), on the other hand, plunged yesterday; the prices of gold and silver also fell on Monday; the Euro depreciated against the USD on Monday. Furthermore, several other currency pairs such as the Aussie dollar and Canadian dollar also depreciated against the USD.
Here is a summary of the daily shifts of precious metals and energy commodities for January 15th, 2013:
Forex and Bullion Markets:
On Monday, gold declined again by 0.22% and reached $1,652.9; silver sharply decreased by 1.36% to $30.76. During the month, gold slipped by 1.31%; silver rose by 1.93%.
On Monday, the Euro/USD inched down by 0.06% to 1.3456; the U.S Dollar appreciated against some currencies such as Aussie dollar by 0.06%.
WTI oil price rose by 0.59% to $96.45 per barrel; Brent oil inched up by 0.18% to $113.48 per barrel;
Thus, the difference between Brent and WTI narrowed to $17.03/bbl. During the month, WTI increased by 5%; Brent oil, by 2.1%.
Finally, the Henry Hub future (short term delivery) tumbled down yesterday by 4.5% to $3.29/mmbtu.
A Summary for January 28th:
The table below includes: closing prices, daily percent changes, and daily changes:
For further reading:
- Gold and Silver Outlook for January 28- February 1
- Weekly Outlook Financial Markets for January 28- February 1
- Gold and Silver Outlook for January
- Gold and Silver Yearly Outlook For 2013