Platinum? Or stick with gold for IRAs?

Laura Sanchez

Back to forum

📘 Gold IRA Blueprint

Platinum? Or stick with gold for IRAs?

laura_sanchez💰Established (100-250k)

about 2 months ago

Key Takeaways

•Okay, so I've been kicking around the idea of adding some platinum to my Gold IRA, and looking for some community thoughts.
•I've got a decent chunk in physical gold already, probably sitting around $180k total across my IRA and some personal holdings.
•I was looking at some charts and trying to understand platinum's historical relationship with gold.

Compare top Gold IRA companies — free

Okay, so I've been kicking around the idea of adding some platinum to my Gold IRA, and looking for some community thoughts. I've got a decent chunk in physical gold already, probably sitting around $180k total across my IRA and some personal holdings. Most of my IRA is in AU, with a smaller portion in silver, and I've been pretty happy with the performance over the last few years, especially with all the economic uncertainty that seems to be a constant these days. Running a couple of businesses down here in El Paso, I'm always looking at different angles, especially with the cross-border dynamics influencing things.

I was looking at some charts and trying to understand platinum's historical relationship with gold. Right now, it feels like platinum is pretty undervalued compared to gold, even just a few years ago. I remember conversations with some folks on the Mexican side of the border who were really keen on platinum for industrial uses, more than just jewelry, and that's something that always stuck with me. Is this a good time to diversify a bit more into platinum for a long-term play within the IRA, or is gold still the undisputed champ?

I know the usual advice is to stick with gold and silver for stability, but with the auto industry starting to pick up again, and platinum being a key component in catalytic converters, I wonder if there's a significant upside I'm missing by not allocating some capital there. I'm thinking about perhaps moving 10-20% of my current gold holdings into platinum, or using future contributions. Have any of you successfully integrated platinum into your precious metals IRA? Any horror stories or unexpected gains?

I was playing around with the Gold vs Stocks Comparison tool the other day, mostly for gold, but it got me thinking about how platinum's performance stacks up against other assets too. It's a great tool for getting a high-level view. Just curious if anyone has used that for platinum, or if you have other resources you rely on to gauge its potential. Thanks for any insights, señores y señoras!

140

6 comments

Considering a Gold IRA for your retirement?

Get a free info kit from a top-rated company — trusted by thousands of investors.

Under $100k? Compare options →

600 people viewed this today78 members requested a free kit this week118 investors bookmarked this

Best Answer▲ 6 upvotes

laura_sanchez💰Established (100-250k)

Hey, interesting thought process. When you say the "smaller portion" of your IRA is in AU, do you mean a smaller portion of your entire portfolio, or a smaller portion within your IRA itself is AU (and the rest is something else)? Just trying to get a clearer picture of your current asset allocation.

Comments (6)

ruth_perez📊Growing (50-100k)•about 2 months ago

Hey, I hear ya on this one. I actually considered platinum for my IRA a while back too, mostly because of the industrial demand. My advisor talked me out of it, suggesting the liquidity might be a bit lower if I ever needed to sell quickly, especially compared to gold. Ended up just adding more gold and some silver instead. platinum definitely has its appeal though!

laura_sanchez💰Established (100-250k)Real Investor✓ Verified•about 2 months ago

Hey, interesting thought process. When you say the "smaller portion" of your IRA is in AU, do you mean a smaller portion of your *entire* portfolio, or a smaller portion *within* your IRA itself is AU (and the rest is something else)? Just trying to get a clearer picture of your current asset allocation.

michael_anderson🏆Advanced (250-500k)Real Investor•about 2 months ago

Honestly, while platinum *can* be interesting, I'm not sure it offers enough of a unique advantage in an IRA context over more gold. You already have a good chunk of gold, which is the reliable, long-term store of value everyone talks about. Platinum's industrial demand can make it a wild card, and its price hasn't exactly been soaring lately compared to gold's consistent performance.

I'd probably just double down on what's working rather than diversify into something that historically has been a bit more volatile and less of a "flight to safety" asset. Just my two cents.

steven_mitchell🏆Advanced (250-500k)Real Investor✓ Verified•about 2 months ago

Honestly, for my gold IRA, I'm sticking purely with gold. I've got a decent chunk of my retirement savings, around the $350k mark from a 401k rollover, in precious metals, and the stability and historical performance of gold just feels right. Platinum has its moments, but for the long-term, tax advantages I'm looking for, gold is the clear winner in my book.

susan_clark💰Established (100-250k)Real Investor•about 2 months ago

Honestly, I've seen a lot of folks in Minneapolis get tempted by platinum's volatility for their IRA, but for my 200k portfolio, I'm sticking with gold. Platinum's industrial demand makes it a different beast than gold's safe-haven status, and I prefer the long-term stability and liquidity gold offers, especially when thinking about future RMDs. Speaking of which, if you're near retirement, the RMD Calculator is super helpful for planning that out.

ashley_baker💼Starter (0-50k)✓ Verified•about 2 months ago

Honestly, coming from Charleston, I've seen enough hurricanes to know you need something solid. Platinum might look shiny, but when things get rough, gold is the tried and true. Stick with what's safeguarded portfolios for centuries; that's my personal philosophy, especially for the bedrock of an IRA.

Considering a Gold IRA for your retirement?

Get a free info kit from a top-rated company — trusted by thousands of investors.

Under $100k? Compare options →