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    How gold and silver performed for the week ending August 6, 2020

    Synopsis

    Here's a weekly tracker of returns to keep you updated on how the stock market index, gold prices and silver have performed. This will give investors an idea of how their investments performed over a long period.

    gold-p33Getty Images
    Gold rally is continuing due to fears over a second wave of covid-19.
    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 rally is continuing due to fears over a second wave of covid-19. TInternational gold prices broke all records and went above $2,000.
    19-1
    Silver (Rs)
    Following the rage in the international market, domestic prices of silver have doubled from the recent low in March.
    19-2
    WTI Crude ($/barrel)
    Crude oil continues to move close to $40 per barrel range. However, it made a modest gain of 2% last week because the EIA reported a drop in crude inventories.
    19-3
    Wine Index
    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.
    19-4

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

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