How gold, silver performed during the week ending October 1, 2020

How gold, silver performed during the week ending October 1, 2020
ET Bureau
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Synopsis

You can also make money by investing in wine and the Liv-ex Fine Wine 50 Index from Bloomberg. It tracks daily price movement of the most heavily traded commodities in the wine market.

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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)
Spike in Covid cases and weakening economy rekindled hopes of further stimulus which helped gold to report a small gain during the week.

Silver (Rs)
Being a more volatile metal, silver gained by around 5% during the week.

WTI Crude ($/barrel)
Crude prices remained close to $40/barrel levels as the supply restrictions by producers were matched by demand fall owing to rising Covid cases.

Wine (Rs)
You can also make money by investing in wine and the Liv-ex Fine Wine 50 Index from Bloomberg. It tracks daily price movement of the most heavily traded commodities in the wine market.

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