How gold, silver, platinum performed during the week ending May 20, 2021

How gold, silver, platinum performed during the week ending May 20, 2021
ET Bureau
Share
Font Size
Save
Comment
Synopsis

Though silver is more volatile than gold, it also ended up with 2% gain due to a bigger rally and bigger weekend correction. Don’t compare these with returns from traditional investments since the proportion and purpose of alternative investments is vastly different.

Getty Images
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)
After surging to a three-month high, gold's gain for the week was capped at 2%, mostly because of profit booking by the ETF Investors.

Silver (Rs)
Though silver is more volatile than gold, it also ended up with 2% gain due to a bigger rally and bigger weekend correction.

($/troy ounce)
Economic concerns neutralised the bullion demand and platinum ended the week on a flat note.

WTI Crude ($/barrel)
Economic growth concerns, triggered by increasing number of Covid cases, pulled the crude down by 1%.

Read More News on

(Click here to know how to save on taxes for the financial year 2020-21.)

Download The Economic Times News App to get Daily Market Updates & Live Business News.

ETPrime stories of the day