Many commodities prices rose on the first business day of the week and the month: WTI oil slightly rose while Brent oil prices edged down yesterday; the prices of silver and gold rallied on Monday; natural gas Henry Hub future (short term delivery) also bounced back on Monday; the Euro rose again against the USD on Monday. Some other currency pairs including the Canadian dollar depreciated against the USD.
Here is a summary of the daily developments of precious metals and energy commodities for December 3rd, 2012:
Forex and Bullion Markets:
On Monday, gold increased by 0.54% and reached $1,720.1; Silver also rallied by 1.52% to $33.71. During last month, gold declined by 0.48%; silver increased by 2.75%.
On Monday, the Euro/USD rose again by 0.52% to 1.3054; the U.S Dollar appreciated against some other currencies including Canadian dollar by 0.07%.
WTI oil price edged up by 0.2% to $89.09 per barrel; Brent oil on the other hand traded down by 0.28% to $110.92 per barrel;
Thus, the difference between Brent and WTI narrowed to $21.83/bbl. During November, WTI increased by 3.1%; Brent oil, by 2.3%.
Finally, the Henry Hub future (short term delivery) bounced back and rose by 0.84% to $3.59/mmbtu.
A Summary for December 3rd:
The table below includes: closing prices, daily percent changes, and daily changes:
For further reading: