Platinum-Gold Ratio Reaches 1985 Prices

Mineweb reported the platinum-gold ratio has fallen to levels last seen in 1985, and market dynamics are unlikely to reverse the trend.

As quoted in the market news:

Writing in its Commodities Weekly report, the bank points out that while gold has been struggling to break free of the upper end of its trading range, Platinum has been drifting lower over the past month.

As can be seen from the above graph, after a sustained period where platinum prices were higher than those of gold this relationship changed at the end of September 2011 and has remained the status quo for most of the rest of the next 11 months.

Click here to read the full Mineweb report.

Get the Latest Platinum Investing Stock Information

Get the latest information about companies associated with Platinum Investing delivered directly to your inbox.

Agriculture
+ see more
Copper
+ see more
Copper Investing
Gold - Bullion
Gold - Production/Mining
+ see more
Gold - Project Generators
Gold - Prospecting and Exploration
+ see more
Gold - Resource Definition/Pre Feasibility
Gold - Resource Expansion/Feasibility Study/PEA
Graphite - Production/Mining
Graphite - Prospecting and Exploration
Graphite - Resource Definition/Pre Feasibility
Graphite - Resource Expansion/Feasibility Study/PEA
Silver - $0-15m
Silver - $15-50m
Other Companies
+ see more

Select All Select None

By selecting company or companies above, you are giving consent to receive email from those companies. And remember you can unsubscribe at any time.

Comments

Leave a Reply