Platinum Price vs Gold Price

Platinum has not been this cheap vs gold since 1907 AD.

In other words, in over 110 years we have not seen platinum values slump this far versus gold.

Here at SD Bullion, we have covered Platinum fundamental investment factors as well as information pertaining to supply demand factors at play today.

South Africa is the major miner of platinum ore in the world, accounting for about 70% of all new line platinum annually.

But given that this week, we are having a bullion sale on 1 oz PAMP Suisse Palladium Bars.

We believe now is an important time to point out platinum’s historic undervaluation versus gold ongoing.

Check out this following long term chart on platinum prices versus gold in US dollar since the late 1800s.

Platinum Vs Gold Price Chart

Platinum vs Gold Price Chart SD Bullion

As you can see by the chart above, platinum was worth more than gold versus the vast majority of the 20th Century.

It was not until the global financial crisis of 2008 that gold began to overtake platinum in terms of overall value.

With the following chart, we will further examine Platinum vs Gold prices throughout this post-1971 full fiat currency era in which NYMEX and COMEX futures contract markets have been the main price discovery force for each respective precious metal.

Within the following chart, you will see we have gone through various timeframes where platinum and or gold have been priced higher than the other.

Platinum vs Gold Values

Platinum vs Gold Value Chart Platinum Gold Ratio Chart Platinum historically cheap versus Gold SD Bullion

In times of financial stress and monetary turmoil (e.g. 1980), platinum tends to behave more like gold and other precious metals with widespread hoarding.

The last major monetary disorder in 1980 saw all four precious metals reach new nominal high price points within months of one another.

If we happen to see another scenario like that again in the decade to come, those who buy platinum today will be happy they did so.