How gold, silver performed for the week ending on November 11, 2020

How gold, silver performed for the week ending on November 11, 2020
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Synopsis

Here’s a weekly tracker of returns from gold, silver, crude oil and wine. ​​But don’t compare these with returns from traditional investments such as fixed deposits etc. since the proportion and purpose of alternative investments is vastly different.

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You can also make money by investing in wine and the Liv-ex Fine Wine 50 Index from Bloomberg.
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)
Improved economic outlook means reduced need for further stimulus and the resultant fall in the US dollar.
Silver (Rs)
Despite a fall in gold, silver moved in opposite direction due to improving economic outlook which will increase the industrial demand for silver.
WTI Crude ($/barrel)
Crude oil jumped by 5.64% during the last week as the prospects of a covid vaccine improved economic outlook
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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