How gold, silver performed during the week ending December 23, 2020

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.

1. Gold (995) (Rs)

191

Though gold rallied on fears of a highly contagious version of Covid in the UK, it gave the profit back after WHO said it is manageable.

2. Silver (Rs)

192

Once the Covid induced disturbance is over, silver is expected to benefit from automobile electrification.

3. Platinum ($/troy ounce)

193

Platinum fell during the week due to fears that another round of Covid spread will reduce vehicle demand, an industry that consumes platinum most.

4. WTI Crude ($/barrel)

194

Though crude remained range bound during the last week, it is slowly shifting its base from $40 to $50 per barrel.



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