Gold vs Platinum – May 2026
Gold vs platinum — two precious metals compared.
This page compares the live and historical performance of Gold against Platinum using real market data. Both assets are rebased to an index of 100 at the start of the 90-day period, making it easy to see which has outperformed regardless of their price difference.
The Gold/Platinum ratio tells you how many units of Platinum it takes to buy one troy ounce of gold. A rising ratio means gold is becoming more expensive relative to Platinum, and vice versa. Investors and traders watch this ratio as a signal for relative value between the two assets.
90-Day Performance
90-Day Price Chart (Indexed to 100)
Both assets rebased to 100 at start of period for comparison
Recent Price History
| Date | Gold / troy oz | Gold 24K/g | Platinum /troy oz | Ratio |
|---|---|---|---|---|
| May 18, 2026 | $4,545.83 | $146.15 | $1,975.00 | 2.3017 |
| May 17, 2026 | $4,542.33 | $146.04 | $1,979.00 | 2.2953 |
| May 16, 2026 | $4,542.33 | $146.04 | $1,979.00 | 2.2953 |
| May 15, 2026 | $4,545.18 | $146.13 | $1,974.00 | 2.3025 |
| May 14, 2026 | $4,652.18 | $149.57 | $2,054.00 | 2.2649 |
| May 13, 2026 | $4,690.62 | $150.81 | $2,149.00 | 2.1827 |
| May 12, 2026 | $4,715.34 | $151.60 | $2,127.00 | 2.2169 |
| May 11, 2026 | $4,736.27 | $152.27 | $2,127.00 | 2.2267 |
| May 10, 2026 | $4,715.34 | $151.60 | $2,057.00 | 2.2923 |
| May 9, 2026 | $4,715.34 | $151.60 | $2,057.00 | 2.2923 |
| May 8, 2026 | $4,720.19 | $151.76 | $2,053.00 | 2.2992 |
| May 7, 2026 | $4,698.97 | $151.08 | $2,030.00 | 2.3148 |
| May 6, 2026 | $4,695.02 | $150.95 | $2,060.00 | 2.2791 |
| May 5, 2026 | $4,549.48 | $146.27 | $1,952.00 | 2.3307 |
Gold vs Platinum: Key Differences
Platinum is heavily used in catalytic converters for diesel vehicles. As the automotive industry shifts to electric vehicles, platinum demand from this sector is under structural pressure.
Platinum is rarer than gold by weight produced annually, yet often trades at a discount. Historically it commanded a premium, making today's discount potentially attractive to long-term investors.
Gold has deeper, more liquid global markets than platinum. This makes gold easier and cheaper to buy and sell in large quantities.
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