How gold, silver, platinum performed during the week ending April 8, 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)

Gold Price

Worsening covid situation across the world has increased the safe haven demand for gold and helped it to bounce back by 3% from one year low levels.

Silver (Rs)

Silver Price

Being a more volatile bullion, silver jumped by 5% during the past week.

Platinum ($/troy ounce)

Platinum Price

Increased bullion demand was partially negated by concerns about industrial demand, restricting its weekly gains to 2%.

WTI Crude ($/barrel)

WTI Crude Price

Higher price (above $60 per barrel) and economic growth concerns are putting pressure on crude and it lost 3% in the past week.

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