Skip to main content Skip to main navigation

Total Trader

  • Home
  • Brokers
  • Trading Platforms
  • Stocks
  • ETFs
  • CFDs
  • Forex
  • Futures
  • Open an Account
  • Support
  • News
  • About Total Trader
  • Contact

Gold Now Costs More Than Platinum

By Total Trader | Published: 12 August 2011

Gold’s recent surge has now put its cost per ounce above that of platinum.  Below is a chart showing the ratio of platinum to gold going back to 1986.  From 1986 to 1998, the ratio remained relatively low and even ticked below one a few times.  Then from 1998 to 2008, platinum often traded at more than two times the price of gold.  When the financial crisis hit in 2008, the ratio dropped significantly and got all the way down to 0.99 for one day on December 17th, 2008.  Following this low, the price of platinum outperformed gold up until about the middle of the current bull market, and the ratio has been heading lower ever since.  Will today’s move below one in the platinum to gold ratio mark another major pivot point, or will the ratio now make a run towards its all-time low of 0.94 in the coming weeks or months?

Source: www.bespokeinvest.com

Related Posts:

  1. Platinum to Gold Ratio
  2. Gold Bull Market Crosses the 1,000 Day Mark
  3. Are platinum, palladium and silver prices sustainable?
  4. A Significance to the Gold/Oil Ratio?
  5. Gold’s inglorious retreat

This entry was posted in CFD Trading, Forex Trading, General, Market Reports, Stock Trading and tagged bespoke invest, Bull Market, Financial Crisis, Gold, Platinum, price. Bookmark the permalink. Both comments and trackbacks are currently closed.
« Investors Turn More Bullish into Decline
Value.able: Bega Cheese »
  • Recent News

    • Nikkei 225 Possible Break Out
    • S&P 500 Closes Above 2000 for First Time
    • Best & Worst Traders of All Time
    • The Economist: The Worlds Most Expensive Cities To Live (And Likely To Travel As Well)
    • 10 Good Value Investing Blogs
    • FundSeeder.com – Market Wizards Next Book
    • House Of Cards – Series
    • Bitcoin
    • RAPA – Leading 5 Traders and their Allocation’s
    • USA Population Distribution
  • Disclaimer
  • Privacy Policy
  • News RSS
  • Feedburner RSS
  • Newsletter RSS
  • Podcast Feed
  • Twitter RSS
TotalTrader is proudly powered by Wordpress