Gold prices have soared more than 20% in 2020, and they hit a new record high earlier this year. Platinum is extremely long-wearing and durable. Amazon and Walmart have found that for some goods, it is often cheaper to refund the purchase price and let customers keep the products. Looking at the historical gold: platinum ratio, we can see that throughout history platinum has tended to be worth more than gold, but that this is not always … So platinum jewelry is a much purer and denser metal-type than gold. And that’s where platinum becomes unreliable. They both trade in over-the-counter and physical markets around the world. As such, platinum jewelry costs more than gold, not only because it is 60% heavier (a 10 gram ring vs. a 16 gram ring noted in #1 above), but those grams of precious metal are more pure, and therefore, more valuable and costly in platinum compared to gold. Given its relative valuations, investors can look at alternative precious metals like platinum. Already, the monthly U.S. jobs report on Friday reported a loss of 140,000 jobs in December.The Democratic sweep of the two Georgia Senate runoff elections last week has increased the prospect of higher government budget deficits and much more debt financing. Is This Stock Next? They are tangible assets with intrinsic value. Meanwhile, growth prospects have deteriorated in the shadow of the recent spike in infections, hospitalization and deaths related to Covid-19. Though both gold and platinum are strong and durable precious metals, platinum is the stronger and more durable of the two. As of December 5th, 2008, platinum was worth $805.00 per troy ounce, putting it (for the time being) ahead of gold in terms of value. It'll be a Berkshire, a holding company that, instead of holding Gillette and Coca-Cola and McDonald's, will hold technology businesses," Palihapitiya told Fortune.Palihapitiya is the chairman of Virgin Galactic Holdings (NYSE: SPCE), and brought Opendoor Technologies (NASDAQ: OPEN) public with IPOB and Clover Health (NASDAQ: CLOV) with IPOC. More precious than silver, rarer than gold, platinum's preciousness and relative rarity compelled King Louis XV of 18th century France to declare it the only metal fit for a king. Investors have a clear task ahead: find the stocks that will rise with an approaching bull market. But there are factors that affect each precious metal independently. Worth More Than Gold by Amy Charles 1 Every summer, millions of acres of America are green with growing crops. Platinum is a much denser metal than gold. The company’s portfolio is made up of industrial greenhouses, leased as growing facilities for medical cannabis providers.The value of this niche is clear from the stock performance. Gold vs Platinum The gold: platinum ratio is the best way to observe the relationship between the two metals’ prices. Meaning that if a gold ring would have weighed around 5gr of gold, then it would have weighed approximately 8 gr in platinum. Will optimism prevail?See also: Benzinga's First Bulls And Bears Of 2021: Ford, Mastercard, PepsiCo, 3M, Tesla And MoreSocial media firms finally may be feeling pressure to take responsibility for our nation's discourse and behavior, according to Eric J. Savitz's "The Risks Are Rising for Big Tech." At a Benzinga Boot Camp event, Palihapitiya said Facebook should have gone public earlier, as it could have helped an earlier transition to mobile.Before joining Facebook, Palihapitiya worked at AOL and was responsible for ICQ and AOL Instant Messenger. I have nearly $600,000 in student debt after getting four college degrees. The value of platinum correlates to the performance of the wider economy. Precious metal prices can be volatile and the value of your metal may go down as well as up. Almost all countries follow variations of the RIAA … Shares have appreciated quickly recently, and now trade at $178.44. The yellow metal is durable, malleable, and it acts as a hedge against inflation. We haven’t seen such erratic swings in gold prices. On the other hand, a ratio below one means gold is priced higher than platinum. Platinum is used in jewelry because of its durability and ability to last a lifetime. When the cost of Gold exceeds the cost of Platinum, our Platinum engagement rings remain more expensive due to the higher density and additional weight compared to 18ct Gold. Platinum is approx 21% heavier than 22ct Gold; Platinum is approx 11% heavier than Fine Gold. H… Aside from assuming that platinum is a superior metal, have you wondered exactly why platinum gets the higher ticket price in the jewelry industry? Because it's less malleable, platinum is a more difficult material to work, so the cost of labor that … The company credits stronger demand for broadband and connectivity products starting 2Q20 as the driver of the gains.Suji DeSilva, 5-star analyst with Roth Capital, is flat-out bullish on this stock, and his commentary makes that clear. There are no income limits. Platinum is used in jewelry because of its durability and ability to last a lifetime. More platinum is needed to make a ring though, causing the price to be 40-50% more. Over the years, Palihapitiya has discussed that cars are "only the first wave of growth" for the company. Unlike gold, these metals derive much of their value from industrial uses. There’s also something eerie about it, though. We’ve used the TipRanks’ database to pinpoint three exciting growth names, according to the analyst community. Turbulence in the auto industry could also affect platinum prices. When the ratio is above 1 it means that platinum is cheaper than gold. The same amount of platinum weighs 60% more than gold. That said, both platinum and 18kt white gold are fine choices for an engagement ring. It is very important to do your own analysis before making any investment. Hi, Registered Office: Floor 16, Centre City Tower, 7 Hill Street, Birmingham, B5 4UA, Registered in England No. Gold Vs Platinum Price Chart Saturday, 9 January 2021. The company also includes a government services segment, with provide computer-based engineering services and system design to the Federal government. The auto industry also affects platinum prices because it accounts for nearly half of the world’s platinum consumption. That means it’s 4 times less likely to scratch, dent or bend like gold will. Another reason is because platinum is 60% heavier than 14 Karat gold. After all, it is more rare, considered more precious and harder to work with. Maxlinear’s products are found in digital TVs, mobile devices, PCs, and netbooks.Semiconductors have been on a tear in recent months, and MXL stock is no exception. (To watch Palmer’s track record, click here)PAR has strong backing from the rest of the Street. Palladium, a silvery-white metal used in cars and sometimes jewelry, has topped gold in … Only 160 tons of platinum are mined annually, as opposed to 1,500 tons of gold. Photo credit: Cmichel67 via WikimediaSee more from Benzinga * Click here for options trades from Benzinga * Shopify, Twitch, YouTube And Social Media: Where Bans On Donald Trump Stand * Bitcoin Vs. Tesla: Crypto's Rapid Rise Aims To Top EV Maker's Market Value(C) 2021 Benzinga.com. Does Barron's think it is time for investors to head for the sidelines?Lawrence C. Strauss's "These 5 Dividend Aristocrats Are on Deadline: Raise Payouts or Lose Status" explains how AT&T Inc. (NYSE: T), Exxon Mobil Corporation (NYSE: XOM) and others did not increase their quarterly dividend payouts last year, but they remain Dividend Aristocrats for now.Also in this week's Barron's: * One indicator that signals a frothy market * How 401(k)s could soon offer annuities for lifetime income * Why target-date funds did well in 2020 * Activists that are primed for action in 2021 * Why the recovery may take a lot longer than some think * Whether it is time to buy post-Brexit British stocks * Why the market needs a good correction now * Whether the jump in bond yields could be a problem for stocks * What could boost palladium prices this year * Betting on Kentucky whiskey as a crypto asset * Some considerations for post-Covid retirementAt the time of this writing, the author had no position in the mentioned equities.Keep up with all the latest breaking news and trading ideas by following Benzinga on Twitter.See more from Benzinga * Click here for options trades from Benzinga * Notable Insider Buys Of The Past Week: Howard Hughes, Party City, Perrigo And More * Benzinga's First Bulls And Bears Of 2021: Ford, Mastercard, PepsiCo, 3M, Tesla And More(C) 2021 Benzinga.com. But “palladium is more valuable than gold as it is rarer,” he noted. Platinum is between 90 - 99% pure whereas 14K white gold is only 58.33% pure gold with the rest being alloys. See how really long-term investors in Altria Group Inc (NYSE: MO), United States Steel Corporation (NYSE: X) and others have fared.In Evie Liu's "Working Harder for a Diversified Portfolio," the case is made that with S&P 500 index funds skewed toward the largest stocks, like Apple Inc (NASDAQ: AAPL) or Tesla Inc (NASDAQ: TSLA), investors have to work harder to get diversified. This, as well as the hit on corporate earnings from the lack of economic growth, would exacerbate what is already an extremely large disconnect between financial valuations and fundamentals.The most dominant market view at the moment, and it is quasi universal, is that stocks and other risk assets will continue to rise because of the abundant liquidity injections coming from central banks and the allocation of more private funds. Nancy Zevenbergen, head of Seattle-based Zevenbergen Capital Investments, has a knack for finding companies that can deliver hefty returns over the long haul. Platinum and palladium gold price erases last week s drop is platinum white gold or it gold and silver year 2017 in review platinum prices interactive is platinum white gold or it. Interactive chart comparing daily gold and platinum prices over the last 10 years. Looking at the historical gold: platinum ratio, we can see that throughout history platinum has tended to be worth more than gold, but … Innovative Industrial Properties (IIPR)The growing normalization of the cannabis industry in the US has opened up a range of opportunities for forward-looking businesses. The automobile industry relies heavily on platinum to make catalytic converters for cars, buses and trucks to reduce emissions. The shiny white metal is considered a strong symbol of value and quality. Precious metals have attracted investors looking to diversify their portfolio of stocks, bonds, and cash. Is This The Most Exciting Oil Play Of The Decade? Gold and Platinum), the more the plan will pay towards your bill and, therefore, the lower your out-of-pocket costs for deductibles, copayments and coinsurance. The platinum price will therefore tend to be affected by the performance of car manufacturers. Historically, the ratio has been below 1, meaning the price of platinum has been higher than gold. This company is a real estate investment trust with a twist – it focuses on properties in the medical-use cannabis sector.Like most REITs, IIPR acquires, owns, manages, and leases properties – but its target customer base is composed of experiences, state-licensed, medical cannabis operators. When the ratio is above 1 it means that platinum is cheaper than gold. We believe MXL is seeing continued strong connected home demand boosted by ongoing remote work/learning. The value of the team has risen from $363 million in 2011 to $4.3 billion in 2020.Disclosure: Author is long DM, IPOD. The gold-platinum ratio not only helps us understand the relationship between the two, but also offers clues as to the market sentiment. The real problem with the platinum-to-gold ratio is that there's no fundamental reason for there to be a desperately strong relationship between the two metals – there is a correlation, but looking back over a decade, the gold price is more strongly correlated to both copper and oil than it is to platinum. Because platinum is a naturally white metal, re-plating is unnecessary; it will always hold its beauty. It is rarer than gold, and much heavier and harder. Do this instead of buying expensive solar panels. Upkeep for platinum tends to be higher, because it must be cleaned and polished regularly to maintain its smooth appearance. White gold consists more of a mixture of durable metals like nickel, zinc and copper while platinum is more pure with 95-98% platinum composition. These Are The 5 Best Stocks To Buy And Watch Now, This company is transforming home security, EV Maker Faraday Future Looks To Raise $400M Through Merger With SPAC Company, Here's why you should consider a Roth IRA conversion. When the economy is booming, investors sell gold to invest in stocks and other assets, which brings down its price. No responsibility can be accepted by Jewellery Quarter Bullion Limited for any loss caused by acting on information we have provided. So, its value depends on the laws of supply and demand rather than the sentiments of investors. Esther Inglis-Arkell. Platinum, the ultimate precious metal; rarer, stronger, heavier and more expensive than gold. Please upgrade the browser to the latest. * 3% Sitewide Sale: Discount off regular premiums. Tesla could become the largest company in the world, according to Palihapitiya.In 2012, Palihapitiya started investing in Bitcoin, buying over $1 million worth off of a friend's recommendation. Although it is always a good idea to diversify your investment in different metals, you can use the ratio to determine whether it may be a better time to buy gold or platinum at any given time.. But “palladium is more valuable than gold as it is rarer,” he noted. Golub said, “This should result in additional stimulus, including the expansion of payments to individuals.”The second point Golub notes as a major supportive event for the markets is the COVID vaccination program. How to Find the Next Ones. Platinum is much rarer than both gold and silver — so rare, in fact, that all of the platinum ever mined could fit into your living room. Platinum, for example, has a very high melting point, making it resistant to heat, while gold is highly malleable and can be pounded down into thin sheets for gilding. A 20-year chart of the most-active palladium, platinum and gold … Tessa Says: April 15th, 2019 at 6:48 pm. The Fed has few tools, if any, to guide the economy out of such an operating environment. Platinum is by far heavier than gold, around 60%. (To watch DeSilva’s track record, click here)All in all, the word on the Street rings largely bullish on this chip maker, with TipRanks analytics demonstrating MXL as a Moderate Buy. It is a very dense and heavy metal, so a platinum ring will feel heavier than an 18K gold ring. The supply of platinum is much lower vs that of gold. Barron's Picks And Pans: Dividend Aristocrats, Alibaba, GameStop, Walmart And More, Bearish Bets: 2 Stocks You Should Consider Shorting This Week, 3 Electric Vehicle Stocks That Could Boom In 2021. Founder-led companies are especially appealing. See why Barron's believes that investors are ignoring those threats but that may soon change.Surviving the past 100 years has not been easy, particularly for public companies. “We believe MXL represents a differentiated investment opportunity in broadband and networking RF and mixed-signal opportunities. When the ratio is above 1 it means that platinum is cheaper than gold. And platinum prices fall because of declining demand. That was a 197% year-over-year gain. Gold has risen nicely since the meltdown following Lehman's collapse, with the gold price in dollars rising 130%. © Copyright 2021 Jewellery Quarter Bullion Ltd. Because of its hardness, platinum can be used in a purer form than gold. Both gold and platinum have their own unique qualities. Both gold and platinum are highly liquid assets. In times of poor economy, demand for vehicles, turbine engines, and heavy machinery declines. Platinum jewelelry is consequently more expensive than gold jewellery. The financial expert and radio host says these money blunders can be costly. Currently, platinum’s price per ounce stands at $892 (subject to change) but this wasn’t always the case. Each week Trifecta Stocks identifies names that look bearish and may present interesting investing opportunities on the short side. The spreads between those maturities and the two-year Treasury bill, on which Federal Reserve policy has a significant influence, have widened significantly — from 80 basis points to 98 basis points for the 10-year and from 152 basis points to 174 basis points for the 30-year.These moves come when Fed policy has continuously sought to repress yields substantially and keep them in a tight trading band. But the yellow metal logged an 18.9% return in 2019. On May 19, 2008, platinum traded to a modern-day high of $2,182 per ounce. The 52-week gain is 103%, reflecting the necessity of strong online support for PAR’s target customer base as it works to recover from the COVID downturn. Benzinga readers and investors might know Chamath Palihapitiya best as the "SPAC King" and for his role in the SPAC boom of 2020. The threshold quantity varies by type (such as album, single, music video) and by nation or territory (see List of music recording certifications). What happens in these two countries will have an impact on platinum prices worldwide. (See IIPR stock analysis on TipRanks)Par Technology Corporation (PAR)Par Technology provides support in the hospitality industry, making software, hardware, support services, and other resources available. Also, platinum is more dense than gold, so the same ring will weigh significantly more in platinum than in gold (and precious metals are priced by weight). Those who invest wisely could stand to make a fortune from the rally..... 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