How gold, silver, platinum performed during the week ending July 29, 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)

171

The US Fed’s rate hikes will be delayed further by the weak second quarter GDP growth and this resulted in firmness in precious metals.

Silver (Rs)

172

Being a more volatile precious metal, silver gained a bit more than gold during last week.

($/troy ounce)

173

Slower economic growth is weighing down industrial metals and platinum fell by 1.54% over the past week.

WTI Crude ($/barrel)

174

Sharp inventory drop in the US neutralised economic worries and kept crude oil relatively flat.



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