How gold, silver performed during the week ending Oct 29, 2020

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)

Gold fell a bit due to sharper than expected recovery by the US economy in the third quarter, which grew by 33.1% q-o-q, compared to a 31.4% q-o-q fall in the second quarter.


2. Silver (Rs)

Being a high volatile bullion, silver crashed by 4.54% during the last week on fear of the US dollar strengthening.

3. WTI Crude ($/barrel)

After remaining close to $40 per barrel levels for several weeks, crude oil crashed by 7.61% during the last week due to a fresh round of lockdowns in Europe.

4. Wine (Rs)

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.