How gold, silver, platinum performed during the week ending February 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)

Gold

Economic recovery hopes are pushing the US dollar up which in turn has pulled down gold by 3.19% during the last week.

Silver (Rs)

Silver

Silver, remained stable and inched up by 0.64% during the last week because of its industrial use.
($/troy ounce)

Platinum

The expected economic recovery is helping platinum and its prices moved up by 1.91% during the past week.

WTI Crude ($/barrel)

WTI Crude

In addition to economic recovery hopes, cold waves in Texas have also created additional demand, pushing crude prices up by 4.98% in the past week.Source

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