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)
The US jobless claims fell and hit a new low since the pandemic started. However, gold remained steady because the Federal Reserve played down fears of early rate hike.
Silver (Rs)
Taking cue from gold, silver also remained flat during last week.
Platinum ($/troy ounce)
After underperforming metals like palladium and rhodium for the past year, platinum has started catching up and jumped 6% during last week.
WTI Crude ($/barrel)
Despite increasing demand, crude oil remained steady during last week on the hope that Opec will use its spare capacity and won’t allow crude to reach much higher levels.
