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Platinum or Palladium: What is better to invest in? 2018 | InvestFerry

Madeleine Webster's picture
08.11.2018 - 15:16

Looking at the current platinum and palladium prices, it’s hard to believe that approximately 5 years ago platinum prices were 2 times higher than palladium prices. Indeed, on September 24, 2013 spot platinum price was 1427.8 $/Oz, which was higher by 72% than the price on September 24, 2018 (829.1 $/Oz). As a comparison, spot palladium prices on September 24, 2018 was 1054.3 $/Oz. On the graph below you can see the dynamics of metal prices over the past 5 years. In this article I will try to consider the main factors affecting the prices of metals, as well as to answer the question: «What is better to invest in platinum or palladium?».