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Wednesday
Nov112009

Gold Compared to Silver and Platinum

Gold has been the talk of the town recently, with everyone wondering if the current rally is a bubble waiting to pop or just the beginning of a run to much higher prices.  While gold is getting the attention, its sister metals -- silver and platinum -- have actually been outperforming.  Below we provide historical charts of the ratio between gold and silver and gold and platinum.  When the line is rising, gold is outperforming, while gold is underperforming when the line is declining.  As shown, late last year both silver and platinum lost big ground to gold, with platinum and gold even reaching parity at one point.  During the metals rally this year, however, silver and platinum have actually done better than gold.  (See SLV and DBS for silver ETFs and PTM for a platinum ETF.)


Goldsilv1111


Goldplat111


Reader Comments (2)

Nat. gas and copper are the real play now
November 11, 2009 | Unregistered Commenterdj
You might want to check copper today. Bearish ADX cross on the Daily would indicate it's going lower.
November 12, 2009 | Unregistered Commenterlo574

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