Anyone else looking at platinum right now? Seems like a steal to me.

Totally get where you're coming from! I had a very similar thought process about a year ago. My portfolio was all gold and silver, and while it was doing well, I kept eyeing platinum. Felt like it was just…undervalued compared to its industrial uses and scarcity. Ended up pulling the trigger on a small amount and so far, no regrets. It's not a huge chunk of my IRA, but it's nice to have that extra layer of diversification.

Hey, interesting thought! When you say "a steal," are you specifically looking at the current gold-to-platinum ratio? Or is there something else driving your conviction?

I get the diversification angle, and platinum definitely *looks* cheap compared to gold historically. But "steal" might be a strong word. Platinum's demand is heavily tied to industrial uses, especially the auto industry. While that can bounce back, it also means it's more susceptible to economic downturns and technological shifts than gold, which has a more consistent safe-haven and jewelry demand. Just something to consider before going all-in.

Hey, that's interesting you're looking into platinum! It definitely has been a bit overlooked compared to gold and silver. One thing to keep in mind, especially with IRAs, is that only certain types of platinum coins and bars are IRS-approved for inclusion. For example, the American Platinum Eagle is good to go, but not just any platinum product will qualify.

You might find this resource helpful for checking approved non-gold precious metals for IRAs: https://www.irs.gov/retirement-plans/ira-roth-ira-and-sep-ira-additional-investment-restrictions. Good luck with your research!

Totally agree, OP. Platinum's been on my radar too for similar reasons. My Gold IRA is also comfortably six figures, but I'm thinking about adding 5-10% in platinum just to diversify a bit more. Seems like a good entry point!

Honestly, platinum always feels like the bridesmaid, never the bride, in the precious metals world. I dipped my toe in with a small allocation back in 2011, about 5% of my physical holdings then, mostly because I bought into the "industrial demand growth" narrative. Ended up pretty flat for years; sold it off to beef up my gold holdings when things started getting shaky with inflation. Right now, with EV adoption accelerating, I'd be looking for strong evidence that industrial demand for platinum isn't going to significantly shrink further before I'd consider it again, especially for an IRA.

Totally agree with you on platinum. I was heavy into gold and silver for years, but last year, after seeing the spot price dip, I moved about 10% of my IRA over to platinum. Ended up picking up a good chunk of it back in October when it was really low. Feeling pretty good about that decision now, given the industrial demand picking back up.

Hard pass on platinum for me, especially for an IRA. It's just too volatile and industrialized. I prefer gold's historical stability, and frankly, I don't see platinum having that same long-term appeal for wealth preservation. For anyone still on the fence about asset allocation *within* precious metals for their retirement, I found this article from SchiffGold super useful for breaking down the differences between gold, silver, and platinum in an IRA context: https://schiffgold.com/commentaries/gold-silver-platinum-which-is-best-for-your-ira/. It really solidifies why I stick to gold for the bulk of my metals.

Funny you mention platinum. Back in '08, right before everything went sideways, I almost pivoted a chunk of my metals out of gold and into platinum. Had about 30k sitting mostly in Eagles and a buddy in futures was hyping platinum like it was the next big thing for industrial demand. Glad I dragged my feet on that one, because while gold shot up, platinum took a beating and stayed flat for years. Still have a small physical holding of platinum for diversification, but it's a tiny fraction compared to my gold. Lesson learned: hype can be a hell of a drug. Sticking to the tried and true for the bulk of my IRA.

Interesting thought on platinum. I've been purely focused on gold and silver in my IRA for hedging against inflation, especially with everything going on. But for those looking at platinum for its industrial uses alongside investment, how are you weighing the geopolitical stability of major platinum-producing regions against its current price point? It always feels like a bigger gamble than the yellow or white stuff.

While I appreciate the contrarian view on platinum, and it *does* look tempting at these levels given its historical highs, I'm personally sticking to my guns with gold and silver in my IRA. I got burned a few years back trying to time the market with palladium, and the volatility just doesn't sit right with my long-term, wealth-preservation strategy. I'm focusing on the proven track record for retirement assets.

@Donna Rogers, I hear you loud and clear on sticking with gold and silver. Platinum's volatility is definitely something to consider, especially when you're looking for stability in an IRA. I'm in Salt Lake City, and honestly, the consistent performance of gold and silver has been my priority for my ~350k portfolio. Before I finalized my allocation though, I took the Gold IRA Quiz at https://quiz.goldirablueprint.com/?forum, and it actually helped me solidify that decision, matching me with a strategy that leaned heavily into gold for its proven inflation hedge capabilities.

@Kenneth Parker - You hit the nail on the head with the "bridesmaid" analogy, though for me, it's always been more of a cautious acquaintance. I'm in San Diego, and a lot of folks out here were buzzing about platinum back in the early 2010s, right around your 2011 foray. I actually considered a small allocation for my own Gold IRA at the time, maybe 5-10% of my ~$350k portfolio, but ultimately stuck with gold and some silver for that specific account. My rationale then, as it is now, was liquidity and global demand. While platinum has its industrial uses, especially in catalytic converters, it feels far more niche than gold's broader appeal as a monetary metal and safe haven. What swayed you to dip in back then, beyond the perceived value? I'm curious if your thesis has evolved.

Honestly, this thread caught my eye. I'm relatively new to the precious metals IRA world – just got my first 50k in a gold IRA and looking to diversify a bit beyond just the usual suspects. Platinum's something I hadn't even considered. Are the fees for storing something like that typically higher than gold or silver, or is it pretty much the same across the board for these types of accounts? Just trying to figure out all the hidden costs before diving in.

@Paul Hill, I appreciate your perspective on platinum's volatility for stability. I'm in Charleston, and with my smaller portfolio (under 50k), even small swings feel significant. For those of us prioritizing capital preservation over potential outsized gains, what kind of allocation to platinum, if any, would you consider truly "safe" within a Gold IRA, or is it just best to avoid it entirely for that stability goal?

Yeah, platinum's on my radar too, but I'm still trying to wrap my head around the whole "basket" approach for precious metals. With my <50k Gold IRA, I started with just physical gold as the foundation, but is it smart to branch out into platinum or even silver yet, or should I just stick with gold for a bit longer? I'm in Columbus, so not a ton of local specific info on this.

Platinum's interesting, but I've been focusing more on the Gold/Silver ratio myself. A few years back, I used the Gold-Silver Ratio Historical Chart from macrotrends.net to time a pretty significant silver purchase when it was hovering around 80:1. Made a tidy sum when it dipped closer to 60:1 shortly after. Never hurts to have those charts bookmarked, especially for long-term plays.

Given how volatile platinum has been historically compared to gold, even with the current dip, I'm curious if anyone here hedging their bets with a smaller allocation, maybe 5-10% in their precious metals IRA, rather than diving headfirst? My Chicago-based advisor is pretty conservative on it, wondering if that's a common sentiment or just his take.

Nope, sticking to the tried and true. My **gold IRA** is diversified enough for my **retirement savings** with physical gold and some silver. Platinum feels a bit too speculative for my comfort, especially with the volatility in the auto industry impacting demand for **precious metals**. I worked too hard building this portfolio from my old 401k rollover to risk it on something so niche, even with the **tax advantages**. I'm in Omaha, solid and steady is my mantra.