WebDec 14, 2024 · In fact, if we go back to 2003-2005, the gold:platinum ratio was around 0.5. Meaning it would take half an ounce of platinum to buy one ounce gold. That ratio was signalling to us that gold was cheaper relative to platinum. Come 2024 … WebIn May 2008, the ratio was about 0.4, meaning that the price of a troy ounce of gold was only 40% that of platinum. Since that bottom, the gold-platinum ratio is up to 1.81. This means that the price of gold is 81% …
Gold vs. Platinum: Which Is A Better Investment? - Yahoo Finance
Web1 day ago · Gold : Platinum Price Ratio - 5 Years. A lot can happen in five years. With the BullionByPost price ratio charts you can look back on the history of gold and platinum, two of the most valuable metals around, and the relationship between their two values.. Platinum is often considered the more precious of the two metals, but there's often a … WebNov 8, 2024 · About 190 metric tons of platinum are mined each year globally. The majority of platinum production comes from two countries: South Africa and Russia. 1. Platinum is more difficult to produce than gold, as it's located deeper in the earth and requires a more difficult purification process. spectrum in english download
Precious Metals Charts and Data MacroTrends
Web8 rows · Feb 28, 2024 · That said, since January 1971, the average price of platinum has been $637/oz and gold has been ... WebFeb 11, 2024 · The gold-platinum ratio not only helps us understand the relationship between the two, but also offers clues as to the market sentiment. Platinum is cheaper than gold if the ratio is above 1, and ... WebOct 31, 2024 · Gold to Silver Ratio History. The history of this exchange rate tells several varying stories. For some experts, these stories center on the potential volatility of silver prices. Demand fluctuations, a smaller market and less liquidity create this volatility. Of course, this can hardly explain the full gold to silver ratio history. spectrum in farmington mo