SLVO - Data Update 3 For 2021: Currencies Commodities Collectibles And Crypto
- In short, assets can be both priced and valued, commodities can be roughly valued but are mostly priced and currencies and collectibles can only be priced.
- The broad commodity indices (WCI and GSCI) saw significant drops between February 14 and March 23, and recoveries in the months after, mirroring the oil and copper price movements.
- In the crisis weeks (2/14 to 3/23), the US dollar gained against other currencies, but more so against emerging market currencies than developed markets ones.
- Both gold and silver had strong years, with gold up 24.17% and silver up 46.77% during the year, but gold played the role of crisis asset better.
- Both Bitcoin and Ethereum delivered spellbinding returns in 2020, with Bitcoin up more than 300% and Ethereum up 469%.
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Data Update 3 For 2021: Currencies, Commodities, Collectibles And Crypto