Even though Gold slipped slightly on Tuesday, it registered a third best performance among main commodities that we are usually reviewing.
On a daily basis, Gold was completely unchanged during the trading session on Monday, even though today the bullion resumed the tendency to lose value.
Expectations for an upcoming increase of Fed's interest rates and improving labour market situation in the United States pushed down demand for commodities on Friday.
On Thursday, only fossil fuels showed a noticeable development in terms of price changes.
Among main commodities, only natural gas and Crude type of oil gained significant value on Wednesday as they added 2.10% and 2%, respectively.
Being among the worst performers on Tuesday, Gold declined 0.26% in its value during trading and was only under-performed by silver which dropped 0.7%.
Opposite to the end of last trading week, on Monday all commodities without any exception dropped in price considerably.
Last Friday, all commodities posted a positive development on a daily basis.
Gold held gains for a third day in a row on Friday and was set to halt its four-week losing streak, supported by strong China's demand. However, overall the commodities performed rather poorly, S&P GSCI fell as much as 1.6% on Thursday.
Yesterday commodities reversed their recent losses. A benchmark of commodity markets rose 2%, while Brent is now five percent more expensive. Gains of gold were more modest but nonetheless significant at 0.37%.
The value of gold declined yesterday, along with many other commodities.
On Monday, the precious metal stayed broadly unchanged in its value, while other commodities posted significant price volatility and the general bias was to the downside.
Last Friday, the largest market mover among commodities used to be the natural gas which jumped significantly by adding 4.13% on a daily basis.
On Thursday, the yellow metal lost 0.46% during a trading session; however, a decline was the smallest among all yesterday's underperformers.
Despite important movements to the downside on Wednesday, Gold has even managed to gain some value at the end of trading session.
The yellow metal finished Tuesday's trading session as the second worst performer among main commodities
Only two main commodities registered a decline in price during the trading session on Monday.
Despite the fact that all main commodities on the market managed to gain strong value during trading on Friday, Gold used to be the worst performer among them as it gained just 0.64%.
Being that Gold grew just 0.26% on Thursday on a daily basis, it was formally the worst performer among all gainers.
Yesterday, the natural gas continued to be the only positive performer among main commodities as it surged 4.48% during past 24 hours.
On Tuesday only natural gas, which is considered as one of the most volatile commodities, managed to advance in price as it gained 3.08%.
During this week's first working day, all main commodities managed to gain strong ground during the trading session, with Crude oil and silver surging the most.
On Friday of last week, the bullion was the second-worst performer among main commodities on the market.
On Thursday, the bullion registered only slight changes over trading time, as it fell 0.36% and was followed by silver which dropped 0.62%.