How gold, silver, platinum performed for week ending January 7, 2022

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 remained lacklustre as the US Fed minutes signalled faster rate hikes and reduction in its balance sheet.

Silver (Rs)
Lacklustre outlook for bullion pulled down silver price by 1% during the last week.

($/troy ounce)
Industrial metals like platinum moved up by 1% due to an expected pick up from the auto sector.

WTI Crude ($/barrel)
Crude oil moved up by 1% because the Opec+ decided to stick with their predetermined output hike for February.