Gold and silver prices made a correction to the sharp falls they have endured in
the past several days as they finished the week with sharp gains; crude oil
prices ended the week falling; natural gas spot price (Henry Hub) changed
direction and sharply declined yesterday. Here is a summary of the price
movements of precious metals and energy commodities for September 16th: Precious
Metals prices: Gold price sharply increased yesterday by 1.87% to $1,814; Silver
price also inclined by 3.37% to $40.83. During September, gold prices decreased
by 0.9% and silver price lost 2.2% of its value. The EURO to US Dollar exchange
rate also changed direction and fell yesterday by 0.58% to 1.3796 i.e. the USD
appreciated against the EURO. During September, the EURO to US Dollar declined
by 3.99%. Oil and Gas prices: WTI Spot oil price changed direction again and
declined yesterday by 1.61%; it settled at $87.96 per barrel; Brent spot price
slightly fell by 0.15% to $114.38 per barrel; during September the WTI spot oil
price slightly declined by 1.0% while Brent oil fell by 1.8%. Due to these
changes, the difference between Brent and WTI sharply inclined to $25.15/bbl.
Natural gas Henry
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