How gold, silver, platinum performed for week ending December 16, 2021

Since the US Fed's signal of faster tapering and 3 rate hikes in 2022 was on expected lines, gold remained stable during the week.

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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)
Since the US Fed's signal of faster tapering and 3 rate hikes in 2022 was on expected lines, gold remained stable during the week.
Gold-wealth18


Silver (Rs)
Taking the cue from gold, silver also remained flat during last week.
silver-wealth-18

Platinum ($/troy ounce)
Though it remained flat, platinum is close to its 52 week low because analysts are expecting surplus in 2022.
Platinum-wealth-18

WTI Crude ($/barrel)
Despite omicron concerns, crude remained stable because of the higher US demand and falling crude stockpiles.
Crude-wealth-18

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