Leading commodities were traded in a mixed trend on the second business day of the week: Brent oil and WTI oil bounced back on Tuesday; natural gas Henry Hub future (short term delivery) decreased yesterday; silver and gold continued to trade down during Tuesday; the Euro also fell against the USD on Tuesday. Further several currencies such as the Canadian dollar also depreciated against the U.S dollar.
Here is a summary of the daily changes of precious metals and energy commodities as of May 28th, 2013:
Forex and Precious Metals Markets:
On Tuesday, gold declined again by 0.56% to $1,378; silver also decreased by 1.34% to $22.18. During the month, gold fell by 6.34%; silver, by 8.14%.
On Tuesday, the Euro/USD slipped by 0.59% to 1.2856; moreover, the U.S Dollar also appreciated against several currencies such as Canadian dollar by 0.78%.
WTI oil price rose by 0.91% to $95.01 per barrel; Brent oil increased by 1.55% to $104.23 per barrel;
Thus, the difference between Brent and WTI reached $9.22/bbl. During the month, WTI increased by 1.66%; Brent oil, by 1.82%.
Finally, the Henry Hub future (short term delivery) slipped yesterday by 0.31% and settled at $4.22/mmbtu.
A Summary for May 28th:
The table below includes: closing rates, daily percent changes, and daily changes:
For further reading: