How gold, silver and platinum performed during the week ending October 28, 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 inched up closer to a four month high on worries that the US Fed may not be able to bring inflation under control.

Silver (Rs)

Silver

After a 10% plus rally in the last 2 months, silver remained flat due to weakness in industrial metals.

Platinum ($/troy ounce)

Platinum

Platinum prices fell by 3% because the chip shortage and the resultant fall in auto production has reduced its demand.

WTI Crude ($/barrel)

WTI Crude

After relentless rally, crude oil took a breather last week due to a jump in US inventories.

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