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Gold more valuable than plat

Discussion in 'Other Asset Classes' started by JDP1, 29th Feb, 2016.

  1. JDP1

    JDP1 Well-Known Member

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    Im no expert in these things, but it seems to me that platinum is usually more expensive per oz than gold.
    Thesedays gold has the price supremacy over pt, and that too by a reasonable amount.
    1. why is this so and Is this differential sustainable? I would think not?
    2. Whats going to trigger pt to move higher than gold?
    3.at these prices, even with the aud to usd conversion, it seems pt might be looking cheap. Good time to buy some pt?
     
  2. Azazel

    Azazel Well-Known Member

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    I'm no expert either, but I do remember that pot used to cost the same as gold. Maybe pot will make a comeback.