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 reversed its weakness and remained flat during the past week because of a signal by the US Fed to keep the interest rates close to zero till 2023.
Increased spread of Covid virus is creating concerns about global growth and silver fell by more than 4% because half of its demand comes from industrial use.
Platinum, another precious metal with very high industrial use, also fell by more than 5% during the last week.
WTI Crude ($/barrel)
Crude closed the week with 1% cut, after witnessing high volatility because of economic growth concerns and hope of production cuts by Opec.