Platinum and Silver

Their prices have moved together.

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

How they are linked

1. Price link: common driver

Cost and price · Strong · Both ways

Silver and platinum are both precious metals with large industrial and car-related uses, so they react to growth and to investment flows in a similar way. Monthly changes correlate at 0.74, and at 0.85 in the last five years.

• 0.74 monthly change correlation
• 0.79 12-month change correlation
• 0.78 fitted elasticity

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