How gold, silver performed during the week ending January 14, 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)
Talk of tapering (i.e. slow withdrawal of stimulus by the US Fed) by the end of 2021 pushed the US yields up and pulled down gold by 4%.

Silver (Rs)

Since volatility is higher for silver, it was down by 5.5% during the week.

Platinum ($/troy ounce)
Platinum remained flat because the improvement in the auto sector neutralised the bullion sell-off.

WTI Crude ($/barrel)
Crude oil jumped up by 4.7% during the last week due to strong Chinese import data and US inventory draws.