How gold, silver and platinum performed during the week ending March 25, 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)

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Gold reversed its weakness and remained flat during the past week because of a signal by the US Fed to keep the interest rates close to zero till 2023.

Silver (Rs)

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Increased spread of Covid virus is creating concerns about global growth and silver fell by more than 4% because half of its demand comes from industrial use.

($/troy ounce)

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Platinum, another precious metal with very high industrial use, also fell by more than 5% during the last week.

WTI Crude ($/barrel)

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Crude closed the week with 1% cut, after witnessing high volatility because of economic growth concerns and hope of production cuts by Opec.



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