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)
Resurgence of Covid cases in the US and China has started threatening global recovery and this is helping safe-haven assets like gold.
Silver (Rs)
Siver’s gain was restricted because of increased industrial use.
($/troy ounce)
Platinum was down by 2% because a weak global economy will pull down the automobile industry, its main user.
WTI Crude ($/barrel)
In addition to the faltering demand outlook, rise in the US rig count also helped in pulling down crude price by 5%.
