How gold, silver performed during the week ending January 21, 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)
Gold gained by 1.32% during the last week based on the hopes of a massive US stimulus package under the new Joe Biden administration.

Silver (Rs)

Silver jumped up by 3.64% during the last week on hope that Joe Biden's clean energy push may increase silver demand from photovoltaic cell industry.

Platinum ($/troy ounce)
Though precious metal demand pushed it up, weak industrial demand pulled it down and platinum edged up only by a bit during the past week.

WTI Crude ($/barrel)
Though firmed up during the first few days, crude oil fell by 0.62% during the last week because of an increase in the US inventory.