How gold, silver performed during the week ending November 26, 2020

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.

Getty Images
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.

1. Gold (995) (Rs)
191
Donald Trump finally accepting defeat has removed the US election uncertainty and pulled down the demand for gold, bringing its price down by 3%.


2. Silver (Rs)
192
Since silver is an industrial commodity also, hopes for Covid vaccines and the resultant optimism on economic outlook helped it to report a lower loss of only 2%.

3. WTI Crude ($/barrel)
193
Crude oil flared up by 9% last week and reached an eight month high, leaving it stable at close to $40 dollar/barrel range, on Covid vaccine optimism.

4. Wine (Rs)
194
You can also make money by investing in wine and the Liv-ex Fine Wine 50 Index from Bloomberg. It tracks daily price movement of the most heavily traded commodities in the wine market.
Download
The Economic Times Business News App
for the Latest News in Business, Sensex, Stock Market Updates & More.
Download
The Economic Times News App
for Quarterly Results, Latest News in ITR, Business, Share Market, Live Sensex News & More.
READ MORE
ADVERTISEMENT

READ MORE:

LOGIN & CLAIM

50 TIMESPOINTS

More from our Partners

Loading next story
Business News › Wealth › Personal Finance News › How gold, silver performed during the week ending November 26, 2020
Text Size:AAA
Success
This article has been saved

*

+