I have already posted about the near paradigm shift in precious metals market as gold sharply rose above Platinum. Let's reexamine this case and see if there was any change in the relation between these two metals. The complete analysis on gold and platinum for April The chart below shows the development of gold and platinum from August 2011 to March 2012. We can learn several things from this chart. At the beginning of August 2011, when the debate over raising the U.S debt ceiling was held and the S&P announced it will downgrade U.S.'s credit rating, gold picked off very promptly as many investors were seeking safe haven investments. Platinum, which is a precious metal, isn't used as safe haven investments such as gold, therefore it didn't rise following these said events occurred at the beginning of August.
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