Gold price ended the week and the month of September moderately increased;
silver price on the other hand slightly slipped. But the main changes yesterday
in the commodities market came from the energy commodities as crude oil and
natural gas prices sharply declined. Here is a summary of the price movements of
precious metals and energy commodities for September 30th: Precious Metals
prices: Gold price slightly inclined yesterday by 0.31% to $1,622; Silver price,
on the other hand, slightly decreased by 1.44% to $30.08. During September, gold
prices decreased by 11.4% and silver price shed 28.0% of its value. The EURO to
US Dollar exchange rate sharply declined yesterday by 1.54% to 1.3388 i.e. the
USD appreciated against the EURO. The USD also appreciated yesterday against
other currencies including the AUD and CAD. During September, the EURO to US
Dollar decreased by 6.83%. Oil and Gas prices: WTI oil price sharply declined
yesterday by 3.58% to $79.20 per barrel; Brent oil price decreased by 2.05% to
$104.26 per barrel; during September the WTI oil price declined by 10.8% and
Brent oil price fell by 10.5%. Due these changes, the difference between Brent
and WTI increased to $25.06/bbl. Natural gas
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