Gold & silver started the week with falls | oil with rises – August 29

Gold and silver prices changed direction again and fell yesterday for the first
time since August 24th; crude oil prices continued to climb as they rose for the
third straight business days; natural gas spot price (Henry Hub) on the other
hand kept falling. Here is a summary of the price movements of precious metals
and energy commodities for August 29th: Precious Metals prices: Gold price
slightly declined yesterday by 0.32% to $1,791; Silver price also slightly fell
by 0.98% to $40.60. During August, gold prices increased by 9.8%, and silver
price by only 1.2%. The EURO to US Dollar exchange rate increased by 0.08% i.e.
the USD depreciated against the EURO. During August, the EURO to US Dollar
slightly rose by 0.78%. Oil and Gas prices: WTI Spot oil price inclined by
2.23%; it settled at $87.27 per barrel; during August, the WTI spot oil price
declined by 8.8%. Brent spot price also rose by 1.06% to $113.09 per barrel. Due
to these changes, the difference between Brent and WTI declined to $25.82/bbl.
Natural gas Henry Hub future price (September delivery) fell by 2.54% to
$3.83/mmbtu. The Henry Hub spot price also declined by 1.26% to $3.91/mmbtu; the