Gold price ended the week with light rises, while silver prices ended with
falls. Crude oil prices, much like the US stock markets, sharply fell on Friday.
Natural gas spot price (Henry Hub) changed direction and declined. Here is a
summary of the price movements of precious metals and energy commodities for
September 9th: Precious Metals prices: Gold price slightly inclined yesterday by
0.11% to $1,859; Silver price on the other hand decreased by 2.13% to $41.62.
During September, gold prices increased by 1.5%, while silver price fell by
0.3%. The EURO to US Dollar exchange rate sharply fell again yesterday by 1.63%
to 1.3657 i.e. the USD appreciated against the EURO. During September, the EURO
to US Dollar declined by 4.96%. This drop is after the ECB decided to keep its
interest rates unchanged at 1.5%. Oil and Gas prices: WTI Spot oil price sharply
fell by 2.03%; it settled at $87.24 per barrel; Brent spot price also decreased
by 1.80% to $112.24 per barrel; during September the WTI spot oil price declined
by 1.8% and Brent oil fell by 3.6%. Due to these changes, the difference between
Brent and WTI slipped again to $25.00/bbl. Natural gas Henry
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