How gold, silver, platinum performed during the week ending on August 18, 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)}

Resurgence of Covid cases in the US and China has started threatening global recovery and this is helping safe-haven assets like gold.

Silver (Rs)
Siver's gain was restricted because of increased industrial use.

Platinum ($/troy ounce)
Platinum was down by 2% because a weak global economy will pull down the automobile industry, its main user.

WTI Crude ($/barrel)
In addition to the faltering demand outlook, rise in the US oil rig count also helped in pulling down crude price by 5%.