Silver Platinum Ratio for Last 3 Years
|3 Year High||0.03020|
|3 Year Low||0.01657|
|3 Year Change||+0.00389 (+21.70%)|
Silver : Platinum 3 Year Ratio
The above chart shows us the silver : platinum ratio for the last three years. This is a useful ratio that shows us the relationship between the respective spot prices of the two metals.
This can be very useful, allowing an investor to compare the ratio with its historical average. Looking at the silver: platinum ratio, we can see that the gap between the silver price and the platinum price has been relatively low in the last three years compared to how it had been previously.
While silver has often been worth more than 75 times the price of silver throughout history, in the last three years this ratio has had very few sustained periods above 70. To put this into perspective, while a platinum bar has often been able to buy more than 100 silver bars of the same size, in February 2016 the same bar would now only be worth around 60 silver bars. Depending on their confidence in platinum as an asset, then, an investor may view this as an opportunity to purchase platinum before the ratio increases once again to previously high levels.