How gold, silver, platinum performed for week ending December 2, 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)

Pg19-1

Gold prices remained flat because increased fears over covid neutralised the fears about rate hikes by central bankers.

Silver (Rs)

Pg19-2

Silver fell by 4% and participated in the fall of other industrial metals because another covid wave will reduce their demand.

($/troy ounce)

Pg19-3

Since the industrial use of platinum is more, it fell by 5% and is now trading close to its 52 week low.

WTI Crude ($/barrel)

Pg19-4

In addition to the covid induced demand fall, the market is also scared about a crude oil reserve release by the US.



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