Record prices for gold and silver are delighting investors. But there are also opportunities with platinum.
Advertisement/Advertising – This article is distributed on behalf of Skeena Gold and Silver Ltd. and Sibanye-Stillwater Ltd., with whom SRC swiss resource capital AG has paid IR advisory agreements. Creator: SRC swiss resource capital AG · Author: Ingrid Heinritzi · First published: 13.10.2025, 21:53, Europe/Berlin
The reasons for the enormous price increases for gold and silver are now well known. The latest setback comes from the US: the shutdown of US government agencies. Layoffs have already begun, going beyond mandatory furloughs. The reason is the budget dispute between Republicans and Democrats in Congress. The US government has been partially paralyzed since October 1. Incidentally, the longest shutdown of the US administration lasted 35 days and began in December 2018. For the first time since 1980, the price of silver rose above $50 per ounce. At that time, it was the famous story of the Hunt brothers, who wanted to create a shortage in the silver market, causing a silver bubble that then burst.
Now ETF investors have also recognized the appeal of safe havens. Inflows into ETFs since September amount to around 100 tons of gold. The ETF highs of fall 2020 have not yet been reached. ETFs have also seen strong inflows since February in silver. The price of platinum has risen to around US$1,600 per troy ounce, a significant increase. The gold-platinum ratio is now just over 1:2.52. This means that 2.52 ounces of platinum can be purchased for one ounce of gold. This ratio was usually lower, with platinum sometimes being more expensive than gold. The ratio therefore still reflects an undervaluation of the platinum price. Should positive developments arise in the automotive industry, the chemical sector, or in the field of hydrogen technology, and perhaps ETF inflows increase, the platinum price could quickly rise further. Investors should take a closer look at the companies behind the precious metals.
Skeena Gold & Silver - https://www.commodity-tv.com/ondemand/companies/profil/skeena-gold-silver-ltd/ - is developing a high-grade gold-silver project (Eskay Creek) in British Columbia, and two other projects that were previously in production are also in the spotlight.
Sibanye-Stillwater - https://www.commodity-tv.com/ondemand/companies/profil/sibanye-stillwater-ltd/ - is a large and successful producer of gold and platinum metals. Its projects are located in the US and South Africa. Battery metals and recycling are also part of its business.
Current company information and press releases from Sibanye-Stillwater (- https://www.resource-capital.ch/en/companies/sibanye-stillwater-ltd/ -) and Skeena Gold & Silver (- https://www.resource-capital.ch/en/companies/skeena-resources-ltd/ -).
Sources:
https://www.ntg24.de/Ratio-spricht-fuer-Platin-23092025-AO-Edelmetall-Trading;
https://www.goldseiten.de/kurse/Gold-Platin-Ratio.php;
https://www.capital.de/wirtschaft-politik/shutdowns-in-den-usa--das-waren-die-laengsten-regierungsstillstaende-36112126.html.
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