Leading commodities prices moved in a mixed trend on the second business day of the week: the prices of Brent oil and WTI oil changed course and fell on Tuesday; natural gas Henry Hub future (short term delivery) sharply rose yesterday; silver inched down while gold prices slightly increased again on Tuesday; the Euro depreciated again against the USD on Tuesday. Moreover, several other currencies such as the Aussie dollar also fell against the U.S dollar.
Here is a summary of the daily developments of precious metals and energy commodities for March 19th, 2013:
Forex and Bullion Markets:
On Tuesday, gold increased by 0.42% to $1,611.3; silver decreased by 0.14% to $28.81. During the month, gold rose by 2.13%; silver, by 1.46%.
On Tuesday, the Euro/USD fell again by 0.61% to 1.2881; the U.S Dollar also appreciated against several currencies such as Australian dollar by 0.32%.
WTI oil price changed direction and fell by 1.69% to $92.16 per barrel; Brent oil also fell by 1.88% to $107.45 per barrel;
Thus, the gap between Brent and WTI contracted to $15.29/bbl. During the month, WTI rose by 0.12%; Brent oil decreased by 3.53%.
Finally, the Henry Hub future (short term delivery) sharply rose again yesterday by 2.24% to reach $3.97/mmbtu.
A Summary for March 19th:
The table below includes: closing rates, daily percent shifts, and daily changes:
For further reading: