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As of September 28, 2026, the silver to platinum ratio is 0.0353, meaning one ounce of silver buys 0.0353 ounces of platinum. Silver trades at $61.13 per ounce and platinum at $1,730.46 per ounce. Over the past 52 weeks the ratio has ranged from 0.0291 to 0.0445.
The silver to platinum ratio is the price of silver divided by the price of platinum. At the latest snapshot: $61.13 divided by $1,730.46 = 0.0353.
The silver-to-platinum ratio compares two metals with both investment and industrial applications. Silver is used in electronics, solar panels, and as a monetary metal, while platinum is used in catalytic converters, jewelry, and laboratory equipment.
Why is this ratio important?
This ratio helps investors compare the relative value of these metals. A rising ratio indicates silver is gaining ground against platinum.
Frequently Asked Questions
What does the silver to platinum ratio show?
The ratio tells you how many ounces of platinum one ounce of silver could buy. Since platinum is typically priced higher than silver, the ratio is a small fraction. A rising ratio indicates silver is outperforming platinum.
What drives the silver-platinum ratio?
Silver is driven by both investment flows and industrial demand (electronics, solar PV). Platinum is dominated by automotive catalyst demand and supply from South Africa. Diverging fortunes between these end-uses move the ratio.