Advertisement/Advertising – This article is distributed on behalf of Gold X2 Mining Inc. 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: February 7, 2026, 1:45 p.m. Zurich/Berlin
Currently, a troy ounce of platinum costs around US$2,100. Platinum was undervalued for a long time but has since appreciated. Until 2015, platinum was even more expensive than gold. The gold-platinum ratio is currently 1:2.32. When considering whether platinum will continue to catch up with gold, it is important to remember that platinum is not a safe haven. The price of platinum depends on economic developments and industrial demand. Recently, platinum has often replaced expensive gold in the jewelry sector. European luxury watch manufacturers such as Rolex, Cartier, and Chopard are also increasingly turning to platinum. The production of platinum jewelry in Europe grew by around six percent in 2025, marking the fifth consecutive year of growth. Worldwide, global demand for platinum jewelry rose by around seven percent last year.
According to estimates by the World Platinum Investment Council, the platinum market will be relatively balanced in 2026, with only a small surplus of 20,000 ounces expected. Mine supply remains limited, according to forecasts. Prices of US$2,600 per troy ounce are often expected for mid-2026. The price of palladium is heavily dependent on the automotive industry (catalytic converters). As long as conventional vehicles are still in use in many countries and strict emissions regulations require palladium-containing catalytic converters, palladium should remain well supported.
The price of gold is approaching the US$5,000 mark again. Gold and silver always have some value, possess emotional value, and gold in particular also has a psychological component. Fundamental data, i.e., the economic and market-specific factors that determine supply and demand, look good for gold and silver. Whether it's the buying frenzy of central banks, their attractiveness as safe havens, or ongoing geopolitical disputes, gold, silver, and related companies should always be a winner in the long run.
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 such as nickel, chromium, copper, and cobalt, as well as recycling, are also part of its business.
Gold X2 Mining - https://www.commodity-tv.com/ondemand/companies/profil/gold-x2-mining-inc/ - owns the advanced Moss Gold Project (gold, silver, copper) in Ontario. Wholly owned, the project is equipped with excellent infrastructure and boasts very good drilling results. In addition, Gold X2 Mining has acquired Kesselrun Resources, thereby expanding the Huronian Gold Project and the land package of the Moss Project.
Current company information and press releases from Sibanye-Stillwater (- https://www.resource-capital.ch/en/companies/sibanye-stillwater-ltd/ -) and Gold X2 Mining (- https://www.resource-capital.ch/en/companies/gold-x2-mining-inc/ -).
Further information is also available in our new precious metals report at the following link: https://www.resource-capital.ch/en/reports/view/precious-metals-report-2025-11-update/
Sources:
https://platinuminvestment.com/about/60-seconds-in-platinum/2026/01/29;
https://platinuminvestment.com/files/954836/WPIC_Platinum_Quarterly_Q3_2025.pdf
https://www.resource-capital.ch/en/reports/view/precious-metals-report-2025-11-update/
In accordance with Section 85 of the German Securities Trading Act (WpHG) in conjunction with Article 20 of Regulation (EU) 2016/958 (MAR), we hereby disclose that authors/employees/affiliated companies of SRC swiss resource capital AG may hold positions (long/short) in issuers discussed. Remuneration/relationship: IR contracts/advertorial: Own positions (author): none; SRC net position: less than 0.5%; issuer's stake in SRC ≥ 5%: no. Update policy: no obligation to update. No guarantee for the translation into German. Only the English version of this news release is authoritative.
Disclaimer: The information provided does not constitute any form of recommendation or advice. We expressly draw attention to the risks involved in securities trading. No liability can be accepted for any damage arising from the use of this blog. We would like to point out that shares and, in particular, warrant investments are generally associated with risk. The total loss of the capital invested cannot be ruled out. All information and sources are carefully researched. However, no guarantee is given for the accuracy of all content. Despite the utmost care, I expressly reserve the right to errors, particularly with regard to figures and prices. The information contained herein comes from sources that are considered reliable, but does not claim to be accurate or complete. Due to court rulings, the content of linked external sites is also our responsibility (e.g., Hamburg Regional Court, in its ruling of May 12, 1998 - 312 O 85/98), as long as we do not expressly distance ourselves from them. Despite careful content control, I assume no liability for the content of linked external sites. The respective operators are solely responsible for their content. The disclaimer of SRC swiss resource capital AG, which is available at https://www.resource-capital.ch/de/disclaimer-agb/, applies additionally.
Currently, a troy ounce of platinum costs around US$2,100. Platinum was undervalued for a long time but has since appreciated. Until 2015, platinum was even more expensive than gold. The gold-platinum ratio is currently 1:2.32. When considering whether platinum will continue to catch up with gold, it is important to remember that platinum is not a safe haven. The price of platinum depends on economic developments and industrial demand. Recently, platinum has often replaced expensive gold in the jewelry sector. European luxury watch manufacturers such as Rolex, Cartier, and Chopard are also increasingly turning to platinum. The production of platinum jewelry in Europe grew by around six percent in 2025, marking the fifth consecutive year of growth. Worldwide, global demand for platinum jewelry rose by around seven percent last year.
According to estimates by the World Platinum Investment Council, the platinum market will be relatively balanced in 2026, with only a small surplus of 20,000 ounces expected. Mine supply remains limited, according to forecasts. Prices of US$2,600 per troy ounce are often expected for mid-2026. The price of palladium is heavily dependent on the automotive industry (catalytic converters). As long as conventional vehicles are still in use in many countries and strict emissions regulations require palladium-containing catalytic converters, palladium should remain well supported.
The price of gold is approaching the US$5,000 mark again. Gold and silver always have some value, possess emotional value, and gold in particular also has a psychological component. Fundamental data, i.e., the economic and market-specific factors that determine supply and demand, look good for gold and silver. Whether it's the buying frenzy of central banks, their attractiveness as safe havens, or ongoing geopolitical disputes, gold, silver, and related companies should always be a winner in the long run.
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 such as nickel, chromium, copper, and cobalt, as well as recycling, are also part of its business.
Gold X2 Mining - https://www.commodity-tv.com/ondemand/companies/profil/gold-x2-mining-inc/ - owns the advanced Moss Gold Project (gold, silver, copper) in Ontario. Wholly owned, the project is equipped with excellent infrastructure and boasts very good drilling results. In addition, Gold X2 Mining has acquired Kesselrun Resources, thereby expanding the Huronian Gold Project and the land package of the Moss Project.
Current company information and press releases from Sibanye-Stillwater (- https://www.resource-capital.ch/en/companies/sibanye-stillwater-ltd/ -) and Gold X2 Mining (- https://www.resource-capital.ch/en/companies/gold-x2-mining-inc/ -).
Further information is also available in our new precious metals report at the following link: https://www.resource-capital.ch/en/reports/view/precious-metals-report-2025-11-update/
Sources:
https://platinuminvestment.com/about/60-seconds-in-platinum/2026/01/29;
https://platinuminvestment.com/files/954836/WPIC_Platinum_Quarterly_Q3_2025.pdf
https://www.resource-capital.ch/en/reports/view/precious-metals-report-2025-11-update/
In accordance with Section 85 of the German Securities Trading Act (WpHG) in conjunction with Article 20 of Regulation (EU) 2016/958 (MAR), we hereby disclose that authors/employees/affiliated companies of SRC swiss resource capital AG may hold positions (long/short) in issuers discussed. Remuneration/relationship: IR contracts/advertorial: Own positions (author): none; SRC net position: less than 0.5%; issuer's stake in SRC ≥ 5%: no. Update policy: no obligation to update. No guarantee for the translation into German. Only the English version of this news release is authoritative.
Disclaimer: The information provided does not constitute any form of recommendation or advice. We expressly draw attention to the risks involved in securities trading. No liability can be accepted for any damage arising from the use of this blog. We would like to point out that shares and, in particular, warrant investments are generally associated with risk. The total loss of the capital invested cannot be ruled out. All information and sources are carefully researched. However, no guarantee is given for the accuracy of all content. Despite the utmost care, I expressly reserve the right to errors, particularly with regard to figures and prices. The information contained herein comes from sources that are considered reliable, but does not claim to be accurate or complete. Due to court rulings, the content of linked external sites is also our responsibility (e.g., Hamburg Regional Court, in its ruling of May 12, 1998 - 312 O 85/98), as long as we do not expressly distance ourselves from them. Despite careful content control, I assume no liability for the content of linked external sites. The respective operators are solely responsible for their content. The disclaimer of SRC swiss resource capital AG, which is available at https://www.resource-capital.ch/de/disclaimer-agb/, applies additionally.
