Gold and silver prices continued their downward trend they have started during
the second part of last week. Yesterday, however they have declined by a
moderate rate. Crude oil prices bounced back form the falls of last week and
slightly inclined yesterday; natural gas prices (Henry Hub) also gained back
some of last weeks losses. Here is a summary of the price movements of precious
metals and energy commodities for September 26th: Precious Metals prices: Gold
price declined yesterday by 2.74% to $1,594; Silver price slightly decreased by
0.42% to $29.98. During September, gold prices decreased by 12.9% and silver
price shed 28.2% of its value. The EURO to US Dollar exchange rate inclined
yesterday by 0.24% to 1.3533 i.e. the USD depreciated against the EURO. The USD
also depreciated yesterday against other currencies including the AUD and CAD.
During September, the EURO to US Dollar fell by 5.82%. Oil and Gas prices: WTI
spot oil price bounced back and inclined yesterday by 0.83% to $80.24 per
barrel; Brent oil price also increased by 0.58% to $107.26 per barrel; during
September the WTI spot oil price declined by 9.6% and Brent oil price fell by
7.9%. Despite these changes,
No comments:
Post a Comment