How gold, silver and platinum performed during the week ending March 10, 2021

The scope and attractiveness of alternative investments is increasing. Here’s a weekly tracker of returns from such investments. But don’t compare these with returns from traditional investments since the proportion and purpose of alternative investments is vastly different.

Gold (995) (Rs)

191

Broader commodity rally is raising inflation risk and the fear of early rate hikes by the US Fed is pulling the prices of government bonds and gold.

Silver (Rs)

192

Being a more volatile bullion, silver crashed faster than gold during the past week.

($/troy ounce)

193

The ongoing broader commodities rally helped platinum to report a weekly gain of more than 3%.

WTI Crude ($/barrel)

194

Crude oil surged by another 5% due to production disturbances, triggered by winter storm in Texas.



Source Link