How gold, silver and platinum performed during the week ending June 24, 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)

Bullion correction, started after the hawkish US Fed views, continued this week also and pulled down it by 1%.

Silver (Rs)

Being more volatile bullion, silver reacted more and the same was down by 2% during the past week.

Platinum ($/troy ounce)

Global economic recovery and increased demand from the hydrogen fuel cell industry helped platinum to gain 2% during the past week.

WTI Crude ($/barrel)

Despite production increase moves by Opec+, crude oil jumped up by another 3% and reached a two year high, supported by global economic recovery hopes.