How gold, silver, platinum performed during the week ending May 27, 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

Gold prices continue to surge due to easy monetary policy and gained another 1% during the past week.

Silver (Rs)

silver

Short term underperformance by silver continues due to economic woes and silver ended the week down by 1%.

($/troy ounce)

platinum

Lower demand from the automobile sector has pulled the platinum price by 1%.

WTI Crude ($/barrel)

crude

Crude oil jumped up by 7% after the US EIA reported a 1.7 million barrels fall in the US inventory. At 484 million barrels, the current inventory is below the 5-year seasonal average.

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