Market Moves

In the rush to safety during the week preceding the Credit Suisse failure, the biggest gainers among commodities included silver, up almost 10%, and gold, up about 6%. The biggest decliners were crude oil, down over 10%, gasoline, down about 6%, and copper, down almost 4%. Bitcoin was a huge gainer, up almost 40%, and Ether gained over 25%. Importantly, it’s now been two days since the last bank failure!