Investing in Gold, Silver and Platinum: Why the Narrative Winner Is Not Always the Numerical One
Precious metals are often discussed as a single asset class. In practice, gold, silver and platinum behave very differently, economically, psychologically, and financially. In this Finova Insights paper, we examine the performance of physical gold, silver and platinum across calendar year 2025, using an identical USD 100,000 spot-price investment in each metal. While gold dominated…