How gold, silver, platinum performed during the week ending May 20, 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

After surging to a three-month high, gold’s gain for the week was capped at 2%, mostly because of profit booking by the ETF Investors.

Silver (Rs)

192

Though silver is more volatile than gold, it also ended up with 2% gain due to a bigger rally and bigger weekend correction.

($/troy ounce)

193

Economic concerns neutralised the bullion demand and platinum ended the week on a flat note.

WTI Crude ($/barrel)

194

Economic growth concerns, triggered by increasing number of Covid cases, pulled the crude down by 1%.

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