Gold and silver prices ended the week the same way they have started this
undetermined week – rising. During the entire week they have shifted from
gains to losses without showing a clear trend. to shift from gains to losses and
moving with an unclear trend; Crude oil prices also bounced back on Friday;
natural gas future slightly rose while the spot price plummeted again yesterday.
The Euro slightly increased again against the U.S. dollar. Here is a summary of
the changes in precious metals and energy commodities for March 23rd, 2012:
Precious Metals: Gold price sharply rose by 1.21% to $1,662.4; Silver price also
increased by 2.96% and reached $32.27. During March, gold decreased by 2.86% and
silver by 6.84%. The Euro/USD rose yesterday by 0.52% to 1.3270; furthermore,
the U.S Dollar also depreciated against other exchange rates such as the Aussie
dollar. Oil and Gas: WTI price also bounced back by 1.44% to $106.47 per barrel;
Brent oil also increased by 1.68% to $125.86 per barrel; Due to these changes,
the difference between Brent and WTI oil prices expanded to $19.39/bbl. During
the month, WTI declined by 0.56% while Brent oil rose by 1.6%. The Henry Hub
future
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