Okay, so I saw this headline the other day – “Gold Worth More Than Platinum” – and I was like, “Wait, really? Gotta check that out.” I always thought platinum was the top dog, you know?
So, first thing I did was hit up Google. Just typed in “gold vs platinum price” to see what the deal was. And yep, there it was. The charts were showing gold trading higher than platinum. Mind blown, seriously.
Then I dug a little deeper. I wanted to know why. Started reading some articles. Turns out, it’s all about supply and demand, like most things. Apparently, there’s more demand for gold as a safe investment, especially when the economy gets shaky. People want something solid to put their money into, and gold is the classic choice.
The experiment
I also wanted real time * I opened several websites with different chart prices,then record them in my notebook,that’s the old way,you know,more reliable.
- First Website:Opened the first webiste, record Gold Price: $2,300/oz (just an example, not the actual price). Platinum Price: $1,000/oz (again, just an example).
- Second Website:Opened the second webiste,recordGold Price: $2,305/oz. Platinum Price: $998/oz.
- Third Website:Opened the third webiste,recordGold Price: $2,298/oz. Platinum Price: $1,002/oz.
After that,write down my *’s also a bit of a supply issue. Platinum is used a lot in car parts, and with some car production slowing down, there’s less need for it. I was shocked.
Finally, to see real price,I compared notes to see the differences of three websites ,and got the average data.
So, yeah, that’s my little investigation. Gold is actually worth more than platinum right now. Crazy, right? Just goes to show, things are always changing, and it’s good to stay informed!
