gold strongly outperformed platinum on higher frame chart
Gold vs Platinum — A Tale of Two Precious Metals
Gold has always been the global store of value — a hedge against inflation, currency debasement, and geopolitical fear. Central banks hoard it, investors flock to it during crises. It’s less about industrial demand, more about trust.
Platinum, on the other hand, is the workhorse metal — crucial for automobile catalytic converters, hydrogen fuel cells, aerospace, and even medical implants. Unlike gold, its price is deeply tied to industrial cycles and EV transition trends.
🔎 Price Action Check (Gold/Platinum Ratio)
The chart shows the Gold-to-Platinum ratio stabilising after a steep fall, suggesting that platinum has been catching up after years of underperformance. Historically, whenever gold trades too far above platinum, it signals either platinum undervaluation... or gold over-enthusiasm.
With the renewable wave kicking in and auto demand reviving — is platinum gearing up for a comeback against gold?
Gold vs Platinum — A Tale of Two Precious Metals
Gold has always been the global store of value — a hedge against inflation, currency debasement, and geopolitical fear. Central banks hoard it, investors flock to it during crises. It’s less about industrial demand, more about trust.
Platinum, on the other hand, is the workhorse metal — crucial for automobile catalytic converters, hydrogen fuel cells, aerospace, and even medical implants. Unlike gold, its price is deeply tied to industrial cycles and EV transition trends.
🔎 Price Action Check (Gold/Platinum Ratio)
The chart shows the Gold-to-Platinum ratio stabilising after a steep fall, suggesting that platinum has been catching up after years of underperformance. Historically, whenever gold trades too far above platinum, it signals either platinum undervaluation... or gold over-enthusiasm.
With the renewable wave kicking in and auto demand reviving — is platinum gearing up for a comeback against gold?
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.