Gold and silver prices changed direction again and ended yesterday sharply
decreasing; crude oil prices continued last weeks trend and declined as well;
natural gas spot price (Henry Hub) also declined yesterday. Here is a summary of
the price movements of precious metals and energy commodities for September
19th: Precious Metals prices: Gold price sharply decreased yesterday by 1.97% to
$1,778; Silver price also fell by 4.09% to $39.16. During September, gold prices
decreased by 2.9% and silver price lost 6.2% of its value. The EURO to US Dollar
exchange rate also sharply fell yesterday by 0.80% to 1.3685 i.e. the USD
appreciated against the EURO. During September, the EURO to US Dollar declined
by 4.76%. Oil and Gas prices: WTI Spot oil price declined yesterday by 2.57%; it
settled at $85.70 per barrel; Brent spot price also sharply decreased by 2.42%
to $111.61 per barrel; during September the WTI spot oil price declined by 3.5%
and Brent oil price fell by 4.2%. Due to these changes, the difference between
Brent and WTI sharply inclined to $25.15/bbl. Natural gas Henry Hub future price
(October delivery) slightly inclined by 0.52% to $3.83/mmbtu. The Henry Hub spot
price declined by 1.56%
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