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Gold or platinum or both

Gold and platinum are used in jewelry making. For platinum, it is the second largest segment in demand.

About 25 percent of platinum demand last year went to the jewelry industry. And platinum is becoming increasingly popular, because it not only scores with its white sheen, it is also hypoallergenic. Platinum has a purity of 95 percent. Gold (18 carat), on the other hand, is only 75 percent pure. Platinum is also around 30 times rarer than gold. The troy ounce of platinum currently costs around $ 891. This means that platinum is significantly cheaper than gold.

Special properties make platinum suitable for industrial applications, for example in power converters, especially in vehicle catalytic converters and also in medicine (pacemakers). According to a survey in China, Japan, India and the USA, the platinum jewelry market hit by the pandemic is already recovering.

But if you don’t want to buy jewelry, but prefer to invest in precious metals, then you can go with it Sibanye-Stillwater – https://www.commodity-tv.com/play/sibanye-stillwater-record-first-half-of-2020-starting-to-pay-dividend/ – kill two birds with one stone. The company has large platinum and palladium projects in the United States and South Africa. In addition, Sibanye-Stillwater is one of the major gold producers.

If you want to focus entirely on gold when investing, you should do it once OceanaGold – https://www.commodity-tv.com/play/chart-analysis-of-silver-gold-and-precious-metal-producers/ – look at. This medium-sized gold company has two gold mines in New Zealand and the Haile gold mine in the USA. The Didipio gold-copper project in the Philippines is also one of them. OceanaGold also has strategic investments (option and joint venture agreements) and equity positions in two exploration companies.

Current company information and press releases from OceanaGold (- https://www.resource-capital.ch/de/unternehmen/oceanagold-corp/ -) and Sibanye-Stillwater (- https://www.resource-capital.ch/de/unternehmen/sibanye-stillwater-ltd/ -).

In accordance with Section 34 of the WpHG, I would like to point out that partners, authors and employees can hold shares in the respective companies addressed and that there is therefore a possible conflict of interest. No guarantee for the translation into German. Only the English version of these messages applies.

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