How gold, silver and platinum performed during the week ending June 3, 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)
Due to profit booking, gold gave up initial gains and ended the week on a flat note.

Silver (Rs)
Despite the weekend profit booking, silver was able to maintain a very small gain.

($/troy ounce)
Platinum ended the week with 1% loss because the base metal sell off had a drubbing effect on platinum.

WTI Crude ($/barrel)
Crude oil jumped up by 3% and hit a 52 week high due reduction in inventory and the hint by Opec that it will maintain product current cuts.