GOLD-PLATINUM RATIO · XAU/XPT · 2026
Gold-platinum ratio: how much platinum for one gold?
2.64 grams of platinum = 1 gram of gold
at the top of the 1-year range
Computed from live world-market prices
▲ +6.69% over 1 year · the ratio rose: platinum lagged gold
The gold-platinum ratio (gold-platinum ratio) shows how many units of platinum you get for one unit of gold, that is, which metal has become expensive relative to the other. The same figure answers the reverse question (platinum-to-gold ratio): the pair is quoted this way in both directions. Unit-independent: gram/gram and ounce/ounce give the same number.
Gold-platinum ratio chart
Price range
Gold/Platinum (XAU/XPT) price over 1Y: 2.47 XPT → 2.64 XPT (+6.69%). High 2.68 XPT, low 1.79 XPT.
Chart by TradingView Lightweight Charts™
Gold / Platinum ratio daily closes
| Date | Ratio | Change vs. previous day |
|---|---|---|
Both legs are Goldtresor PriceEngine™ quotes, so the quotient is our own data. “Daily close” means our quote at 17:00 CET (18:00 Budapest time while summer time is on).
Gold
PlatinumDownload the full series by year
The five days above come from the chart's daily closes. The yearly file is built from the Goldtresor Fix™, our daily reference price, instead: pick a year and get the ratio for every business day, with each metal's reference price alongside.
CSV · date, ratio, XAU and XPT price (USD per gram). Source: the Goldtresor Fix™, both legs are our own daily reference price.
How is it usually read?
High or low ratio
A high ratio means platinum is cheap relative to gold; a low one the opposite. Many use it to time a shift between the two metals, but the ratio can stay at a level for years, with no guaranteed reversion.
Platinum follows the industrial cycle
Most platinum demand is industrial, above all autocatalysts, and its supply is concentrated in a few countries. It can therefore decouple from gold for years: weaker in recessions, stronger in industrial upswings. Not a forecast.
Not investment advice, just how the metric is commonly read.
Rebalancing between gold and platinum
Both metals are available on a precious-metals account: you sell one and buy the other while your holdings stay in an insured vault. A one-step gold↔platinum swap is in development. Note: platinum held with us sits in the Zurich free zone, so it trades VAT-free, VAT does arise on physical delivery.
Related rates
Metals and crypto measured against each other
All 15 pairs from live prices. Read it like this: 75.34 silver = 1 gold. Between two metals the ratio is unit-independent: gram to gram and ounce to ounce are the same. Crypto is counted per coin, and in a crypto–metal row the metal is in troy ounces.
| Pair | Ticker | Ratio |
|---|---|---|
| Metal / metal | ||
| Gold/silverXAU/XAG | XAU/XAG | 75.34 |
| Gold/platinumthis pageXAU/XPT | XAU/XPT | 2.64 |
| Gold/palladiumXAU/XPD | XAU/XPD | 3.99 |
| Platinum/silverXPT/XAG | XPT/XAG | 28.59 |
| Palladium/silverXPD/XAG | XPD/XAG | 18.88 |
| Platinum/palladiumXPT/XPD | XPT/XPD | 1.51 |
| Crypto / metal | ||
| Bitcoin/goldBTC/XAU | BTC/XAU | 19.89 |
| Ether/goldETH/XAU | ETH/XAU | 0.5772 |
| Bitcoin/silverBTC/XAG | BTC/XAG | 1,498.9 |
| Ether/silverETH/XAG | ETH/XAG | 43.49 |
| Bitcoin/platinumBTC/XPT | BTC/XPT | 52.43 |
| Ether/platinumETH/XPT | ETH/XPT | 1.52 |
| Bitcoin/palladiumBTC/XPD | BTC/XPD | 79.41 |
| Ether/palladiumETH/XPD | ETH/XPD | 2.30 |
| Crypto / crypto | ||
| Bitcoin/etherBTC/ETH | BTC/ETH | 34.46 |
Frequently asked questions
How many grams of platinum one gram of gold is worth. A high value means platinum is cheap relative to gold; a low value the opposite. The calculation is unit-independent: gram/gram and ounce/ounce give the same number.
