How gold, silver, platinum performed during the week ending February 11, 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

After a few days of correction, gold moved up a bit and is waiting for further clues from the US Federal Reserve.

Silver (Rs)

192

Since it is used as an industrial commodity also, the news of falling Covid cases and hope of economic recovery helped silver to gain more.

($/troy ounce)

193

Platinum jumped up by 14% during the week as any economic recovery will result in higher auto sales, platinum’s main industrial consumer.

WTI Crude ($/barrel)

194

Crude oil moved up by 4% on the hope that the economic recovery will result in higher oil demand.





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