Platinum vs. Gold - Anyone else thinking platinum is undervalued?

Interesting thought, OP. When you say "platinum is undervalued," are you thinking more about its industrial demand potentially picking up, or more about its historical price relationship to gold? Curious to hear your angle on that.

Love the thought process here, and it's definitely an interesting angle to consider. While platinum can have its moments, one thing that always makes me hesitant to put too much into it for a long-term retirement play, especially compared to gold, is its industrial reliance. Gold shines because it's *mostly* an investment and store of value. Platinum, on the other hand, is heavily tied to automotive and other industrial demands. If those sectors take a hit, platinum often feels it more acutely than gold does. Just something to chew on when weighing the two for an IRA.

Totally get where you're coming from on the platinum front! It's definitely an interesting metal to consider, especially given its industrial demand. For anyone looking into diversifying their precious metals beyond just gold, it's worth noting that not all IRA custodians offer platinum or palladium.

You might want to check with your current custodian to see if they support it, or look into providers that specialize in a wider range of IRA-approved precious metals. Here's a quick search for IRA-approved platinum coins and bars to get you started on what's even eligible.

Totally agree! I've been eyeing platinum too. My dad actually bought a bunch of platinum coins back in the late 90s/early 2000s when it was trading way higher, and always regretted not buying more when it dipped. So, based on his experience and what I've been researching, I definitely think it's got a lot of room to run.

I've got a good chunk in my Gold IRA too, but I'm seriously considering diversifying a bit into platinum for my next precious metals purchase. The industrial demand just feels like it's going to keep growing, and the supply seems pretty constrained compared to gold. Definitely undervalued right now.

Totally get where you're coming from on this. I actually had a similar thought process a few years back. Was looking at increasing my precious metals holdings and really dug into platinum vs. gold. Ended up sticking with gold for the bulk of it, but did diversify a small portion into platinum for that exact reason – felt like it had more upside potential given the historical pricing.

It's always a tough call balancing the "safe haven" of gold with the potentially higher gains of something like platinum. Curious to see what others think too!

I've been holding a decent chunk of gold in my IRA for a while now, sitting on some nice gains from when I started building my nest egg in 2016. But honestly, the platinum argument feels like chasing the shiny new object. We're in San Francisco; everyone thinks they're smarter than the market, but palladium had its run, and platinum's industrial demand often feels more volatile than gold's safe-haven appeal when economic headwinds pick up. Call me boring, but sometimes the tried and true is just… true.

Platinum... yeah, it's a metal that's always been kind of on my radar, but never quite pulled the trigger for a significant allocation. Back in '08, when everything was melting down, I remember looking at the spread between gold and platinum and thinking, "this is it, platinum's gonna slingshot." Didn't quite happen like I envisioned, and honestly, the industrial demand factor always made me a little nervous for an IRA, wanting more of that pure hedge against fiat debasement. Still, the current ratio is getting intriguing again, makes me wonder if I missed the boat *again* or if there's still a play there.

Totally get the platinum appeal, especially with its industrial demand, but for me, gold is just the tried and true. The stability factor alone is worth the slightly lower upside. Plus, if you're near retirement like I am here in Minneapolis, remembering RMDs is key. The RMD Calculator at GIRAB is super helpful for planning out those distributions without headaches, which is way more complex with assets valued in a volatile market like platinum.

Absolutely, I've been eyeing platinum for similar reasons. After seeing gold really take off this past year, I shifted a small portion of my **silver holdings into platinum** just last month. My thought process was that the industrial demand for platinum, if it truly picks up, could make it a sleeper. I'm based out of Providence, and while access to dealers is decent, I had to do my homework to find a reputable one that dealt heavily in platinum with fair premiums for my IRA.

Platinum's definitely got that "sleeping giant" vibe, but I've always stuck to gold for my IRA. The liquidity difference is huge; moving $50k of platinum vs. $50k of gold when you need to take a distribution or make a RMD is a completely different ballgame. Plus, the spread on platinum in Kentucky has always seemed wider to me than gold when I've crunched numbers for my ~150k portfolio.

Totally agree about platinum potentially being undervalued, that's what caught my eye scanning around GIRAB after setting up my gold IRA. I'm new to this whole precious metals game, just opened my account with around $20k rolled over from an old 401k, but the initial advisor I talked to really pushed gold hard. Are the premiums on platinum usually much higher than gold for IRA-eligible coins or bars, or does it vary a lot by dealer? I'm in Columbus, Ohio, and trying to figure out if it's worth branching out.

@Janet Cook I hear you on platinum; seeing gold's run has definitely got me looking at the other precious metals. I'm located up in Kansas City, MO, and a local advisor turned me onto a really insightful piece by McAlvany ICA about the gold-to-platinum ratio. It really breaks down the historical trends and makes a strong case for platinum's potential upside when you compare the two. Definitely worth a read if you're exploring that shift further.