Platinum to Gold Ratio for Last 3 Years
|3 Year High||0.8237|
|3 Year Low||0.5493|
|3 Year Change||-0.2008 (-24.62%)|
Platinum : Gold 3 Year Ratio
The above chart demonstrates the movements of the platinum : gold ratio over the last three years. The ratio describes the relationship between platinum price and the gold price, in other words how many troy ounces of gold it would take to buy a troy ounce of platinum.
Over the last three years the platinum : gold ratio has been unusually low, ranging from around 1.29 to below 0.8. The cost of investing in platinum and investing in gold have rarely been so close and signals that platinum is currently undervalued in comparison with gold.