How gold, silver and platinum performed during the week ending August 5, 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 remained weak as money has started shifting to risky assets like equities.

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Silver (Rs)

Following the gold trend, silver also remained lacklustre over the past week.

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Platinum ($/troy ounce)

Industrial metals down because the increasing spread of version of Covid in countries like the US and China threatens economic growth

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WTI Crude ($/barrel)

In addition to the delta version scare, crude oil stock build-up in the US also pressurising crude.

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