How gold, silver and platinum performed during the week ending July 1, 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

Short term weakness continued in gold. However, the interim short covering helped it to end the week on a flat note.

Silver (Rs)

192

Being a more volatile bullion, bigger short covering happened in silver and helped it to end the week with a gain of 1.5%.

Platinum ($/troy ounce)

193

Platinum remained range bound because the market participants were waiting for the US economic data.

WTI Crude ($/barrel)

194

After a massive rally, crude oil took a breather and is waiting for further clues from the upcoming Opec+ meeting.

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