Silver and Natural Gas Plunged on Monday – Recap January 28th

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%.

Energy Commodities:

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:

Gold Silver Crude oil Natural gas 2012 January 28

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