How gold, silver performed during the week ending October 15, 2020


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.

1. Gold (995) (Rs)

Gold gave up early gains and ended flat because the chance of inflation spiralling in the US was dampened by a second wave of coronavirus in Europe.

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2. Silver (Rs)

Silver moved along with gold and ended the week at previous week’s levels.

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3. WTI Crude ($/barrel)

Increased Chinese crude oil buying was neutralised by weak demand from European countries and crude also ended the week flat.

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4. 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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