Platinum IRA - undervalued or just a shiny rock?

• •I've been thinking a lot about platinum lately, specifically how it might fit into my Gold IRA.
• •As a lawyer based out of Philly, I see enough volatility in my day job; I don't need it in my investments.
• •I've been holding physical gold and silver for about 8 years now, mostly through a Gold IRA custodian.

I've been thinking a lot about platinum lately, specifically how it might fit into my Gold IRA. My portfolio hovers in the $800k range, and frankly, I'm a bit bored with just gold and silver, even though they've done their job for wealth preservation through all the craziness of the past few years. As a lawyer based out of Philly, I see enough volatility in my day job; I don't need it in my investments.

I've been holding physical gold and silver for about 8 years now, mostly through a Gold IRA custodian. My initial thought process was purely defensive – protect against inflation, geopolitical instability, the whole shebang. And it's worked, for the most part. But I keep looking at platinum and wondering if there's a missed opportunity here. It seems to have been lagging behind both gold and even palladium for a while, and its industrial demand (especially in catalytic converters, which feels... stable enough, right?) seems like a solid foundation.

So, the question is: is platinum genuinely undervalued right now, or am I just seeing what I want to see? Are any of you incorporating platinum into your precious metals IRAs? I'm not looking to dump my gold holdings, but I'm considering maybe 10-15% of my precious metals allocation going into platinum. I spoke with my financial advisor, and he's neutral on it, which isn't exactly a ringing endorsement. Anyone have strong opinions or data points on its long-term outlook, particularly from a wealth preservation perspective similar to my goals?

It feels like a contrarian play, which sometimes pays off, but other times you're just catching a falling knife. What are your thoughts on platinum's potential as a long-term hold in an IRA? Specifically, has anyone seen a good justification for its current low price compared to its historical highs or its industrial usage? Feeling like I need another perspective beyond my own internal monologue and Google searches.