Platinum seems to normally be about twice the POG. However at the moment Gold is only 13% below the Platinum price (Gold $890, Pt $1030).
Seems that since Platinum is used mainly in industrial applications the market has factored in falling industrial demand whilst Gold is a safe haven "money" metal which is in demand at the moment. So the normal price differential between these metals seems to be "out of balance".
Anyway it seems that this imbalance will probably correct hopefully resulting in Platinum increasing in price so Platinum miners such as PLA might be worth a look.
Anyway just a thought.
Platinum seems to normally be about twice the POG. However at...
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Last
25.0¢ |
Change
-0.015(5.66%) |
Mkt cap ! $209.2M | |||
| Open | High | Low | Value | Volume |
| 26.0¢ | 26.0¢ | 25.0¢ | $60.47K | 233.8K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 20100 | 25.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 27.0¢ | 10000 | 1 |
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| Last trade - 11.55am 16/09/2025 (20 minute delay) ? |
| PLA (ASX) Chart |