How gold, silver, platinum performed for week ending February 10, 2022

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)
Despite the inflation and rate hike fears, gold moved up by 1.5% due to economic weakness triggered by Omicron, high energy prices and continued supply side disturbances.

Silver (Rs)
Being a more volatile bullion, silver rallied by more than 3% over the past week.

Platinum ($/troy ounce)
Industrial weakness, especially in the auto sector, is dragging platinum down and it ended the week with a small loss.

WTI Crude ($/barrel)
After crossing the $90 / barrel mark, crude oil eased a bit due to the fears of high energy prices torpedoing global economic growth.