Platinum: Undervalued now or is gold just that much better for IRAs?

• •Been wrestling with this for a bit and curious what the hive mind thinks.
• •I’ve got about $180k in my Gold IRA right now, mostly physical gold I rolled over years ago.
• •I’m a military contractor here in Jacksonville, and for me, security and a hedge against inflation are paramount.

Been wrestling with this for a bit and curious what the hive mind thinks. I’ve got about $180k in my Gold IRA right now, mostly physical gold I rolled over years ago. I’m a military contractor here in Jacksonville, and for me, security and a hedge against inflation are paramount. Always have been. My portfolio is pretty heavily weighted towards precious metals, and honestly, it’s helped me sleep better at night given everything going on in the world.

Lately, I’ve been looking at platinum and wondering if it’s currently undervalued, especially compared to gold. The industrial demand stories are compelling, and historically, it’s traded at a premium to gold. Now, it’s quite a bit lower. Part of me is thinking about dedicating a small portion, maybe 10-15k, to platinum within my IRA. The diversification would be nice, but I also don’t want to chase something just because it’s "cheap" relative to gold, especially if gold remains the stronger, more stable long-term play for retirement assets.

My main concern is liquidity and the specific rules for IRAs. Gold is so straightforward for a Gold IRA, but platinum feels a little more niche. Has anyone here diversified into platinum for their precious metals IRA? What were your pros and cons? And more importantly, do you view platinum as genuinely undervalued right now, or is it more of a speculative play than a true long-term wealth preservation asset like gold?

I’m also trying to factor in any potential tax implications if I were to shift funds around or add new capital, which always makes things a little more complex. I used this Tax Calculator recently to get a rough idea of what a Roth conversion might look like for another chunk of my retirement, and it’s a handy tool for understanding those moving parts. But for just adding platinum, I'm thinking more about the long-term capital gains picture down the line. Any thoughts on how platinum fits into a security-minded, long-term metals strategy like mine?