Gold and Platinum

Their prices have moved together.

Gold (commodity) and Platinum (commodity): 1 relationship.

How they are linked

1. Price link: precious metal

Cost and price · Strong · Both ways

Platinum is a precious metal in jewellery and investment but mainly an industrial metal for catalysts, so it shares gold's monetary drivers only partly. Monthly changes correlate at 0.56 and yearly at 0.67.

• 0.56 monthly change correlation
• 0.67 12-month change correlation
• 0.17 fitted elasticity

Built from the site data on production routes, energy flows, industry value chains, input-output tables and prices.