Many commodities were traded down again on the second business day of the week: WTI oil and Brent oil declined again; the prices of silver and gold also fell on Tuesday; natural gas Henry Hub future (December delivery) hiked on Tuesday; the Euro moderately depreciated against the USD on Tuesday. Some other currency pairs including the Aussie dollar rose against the USD.
Here is a summary of the daily developments of precious metals and energy commodities for November 13th, 2012:
Forex and Bullion Markets:
On Tuesday, gold declined on $1,724.8; Silver also decreased by 0.12% to $32.49. During November, gold rose by 0.33%; silver, by 0.54%.
On Tuesday, the Euro/USD edged down by 0.06% to 1.2704; conversely, the U.S Dollar depreciated against several other currencies including Aussie dollar by 0.07%.
WTI oil price fell again yesterday by 0.22% to $85.38 per barrel; Brent oil also decreased by 0.75% to $108.25 per barrel;
Due to these shifts, the gap between Brent and WTI narrowed to $22.01/bbl. During the month, WTI decreased by 1%; Brent oil slipped by 0.4%.
Finally, the Henry Hub future (December delivery) hiked again by 4.76% to reach $3.74/mmbtu.
A Summary for November 13th:
The table below includes: closing prices, daily percent changes, and daily changes:
For further reading: