How gold, silver, platinum performed during the week ending on September 9, 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)

191

Dollar index and gold remained flat because the hope of central bankers postponing the rake hikes neutralised the economic slowdown worries.

Silver (Rs)

192

Taking clue from the gold, silver also remained relatively stable during last week.

($/troy ounce)

193

Weak industrial commodity demand, triggered by worries about delta variant of the pandemic, pulled down platinum price by more than 1%.

WTI Crude ($/barrel)

194

Since the $70 / barrel is acting as a resistance, crude oil pulled back around 1% during last week.

Source Link