Gold and silver prices continue to show a strong correlation, with gold rising 119% over the past two years to reach $4,500 per ounce. Meanwhile, platinum has demonstrated significant momentum, outperforming gold by 23.4% this month and breaking a 17-year downtrend when priced in gold. Market optimism is high, as reflected in the fear and greed index. Analysts suggest that if the platinum-to-gold ratio returns to 2008 levels, platinum could potentially increase fivefold relative to gold. This trend may also influence altcoin performance, as broader metal price movements impact the market.
Platinum Outperforms Gold, Breaking 17-Year Downtrend
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