Gold and silver prices finished the week on a positive note as both precious metals edged up on Friday. Crude oil price (WTI) also edged up, while Brent oil declined. Natural gas Henry Hub (July delivery) slipped, while the spot rate hiked. The Euro slightly appreciated against the USD. Several other exchange rates such as the Aussie dollar also rose.
Here is a summary of the daily changes in precious metals and energy commodities for June 15th, 2012:
Forex and Bullion Markets:
Gold edged up by 0.52% to $1,628.1; Silver declined again by 1.17% and reached $28.74. During the month, gold rose by 4.09% and silver by 3.54%.
The Euro/USD also edged up by 0.04% to 1.2638; furthermore, the U.S Dollar depreciated against several currencies such as Aussie dollar by 0.51%.
WTI oil price rose yesterday by 0.14% to $84.03 per barrel;
Brent oil decreased by 0.6% to $97.22 per barrel;
Following these changes, the difference between Brent and WTI settled at $13.19/bbl. During the month, WTI declined by 2.89% and Brent oil by 4.8%.
Finally, the Henry Hub future (July delivery) fell by 1.2% to $2.47/mmbtu; the Henry Hub spot hiked to $2.45/mmbtu; the difference between the spot and future fell to $0.02, Contango.
A Summary for June 15th:
The table below includes: closing prices, daily percent changes, and daily changes:
For further reading: