How gold, silver and platinum performed during the week ending on April 15, 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)

Investor interest in gold rose after Russia moved more force to the Ukraine border. The US is also planning to send its warships to Black Sea.

Silver (Rs)
The increased interest in bullion, triggered by risk premium, reflected in silver also and it moved up by 1% during the last week.

Platinum ($/troy ounce)
Platinum fell by 3% on the fear that increase in Covid19 cases will reduce its industrial demand.

WTI Crude ($/barrel)
Crude oil jumped up by 6% because of the US-Russia tension, reduction in the US inventory and Opec raising its oil demand outlook.