SLV - Precious Metals And Cryptocurrencies - First Quarter 2020 Review

The precious metals sector of the commodities market posted a loss over the first quarter of 2020 despite gains in palladium and gold. Rhodium moved higher, but silver and platinum both fell sharply.

The spectacular rise in digital currencies throughout 2017 came to a brutal end in 2018 as Bitcoin and the other cryptocurrencies declined precipitously. The air went out of the cryptocurrency asset class balloon throughout 2018. In 2019, the prices of most digital currencies rebounded. In Q1 2020, many of the cryptocurrencies posted losses, but there were some gains.

Precious metals are moving