Gold/Platinum Ratio

This is the ratio of the price of gold to the price of platinum, showing how many ounces of platinum can be bought for one ounce of gold. It is calculated as the price of gold divided by the price of platinum. For example, if gold costs $2906.40 and platinum costs $970.78, then the coefficient will be about 2.99, that is, for 1 ounce of gold you can buy almost 3 ounces of platinum. This indicator helps investors assess the relative value of metals and understand market trends. When the coefficient is high, gold is more expensive than platinum, and vice versa. This indicator also reflects economic confidence: gold acts as a "safe haven" during periods of instability, while platinum acts as an industrial metal sensitive to economic growth.