Precious Metals And Cryptocurrencies - Q1 2019 Review And The Outlook For Q2 2019

The precious metals sector of the commodities market posted a gain in the first quarter of 2019 with three of the four traded metals moving to the upside.

The composite of the four precious metals that trade on the COMEX and NYMEX divisions of the CME dropped by 8.10% in 2014. The sector fell by 19.46% in 2015, but in 2016, precious metals gained 11.71 %. Precious metals moved 20.19% higher in 2017 posting its second consecutive annual gain. For the year ending on December 31, 2018, the precious metals sector was 3.46% lower, but gains in palladium cushioned the loss last year. In Q1, the sector rose by 4.22% with palladium the star performer, once again.

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