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)
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)
Though silver is more volatile than gold, it also ended up with 2% gain due to a bigger rally and bigger weekend correction.
($/troy ounce)
Economic concerns neutralised the bullion demand and platinum ended the week on a flat note.
WTI Crude ($/barrel)
Economic growth concerns, triggered by increasing number of Covid cases, pulled the crude down by 1%.