Gold to Platinum Ratio for Last 3 Months
|3 Month High||1.54|
|3 Month Low||1.43|
|3 Month Change||+0.05 (+3.45%)|
Gold : Platinum 3 Month Ratio
It is an extremely useful tool for potential bullion investors who are unsure which of the two would be a better investment. By looking at charts such as the 3 month gold : platinum ratio we can determine whether or not a precious metal can be considered good value at its current price relative to other metals.
For example, platinum has historically tended to cost more than gold, as it is more scarce and has more industrial uses, but the current ratio shows the reverse to be true. An investor might therefore deduct from this that platinum is currently particularly undervalued and has the potential to increase in value at some point.