Gold is valued at around $1,500 per ounce.
Platinum, on the other hand, is valued around $4,000 per ounce, according to Bloomberg data.
But the gold rush that began in earnest in 2000 and peaked in 2014 has had the effect of making platinum worth twice as much as gold.
Gold is still the world’s largest reserve of the precious metal, with about $2.3 trillion in assets.
Platinum is now valued at about $4 trillion, and platinum is now about 20 percent more valuable than gold.
Platinum has also been the most valuable of the three precious metals over the past five years, according the International Monetary Fund, which tracks prices in a basket of the five most valuable metals.
That’s not a lot of difference.
But that value shift could be a sign of something much bigger: a global financial crisis.
Gold prices have been soaring since the beginning of the year.
They were up about 4 percent last year before a sharp decline in October that pushed gold prices down more than 6 percent this year.
In October, gold was worth about $1.2324 per ounce and platinum was worth $1 of that.
Since then, gold has lost about $12.36 per ounce on average, according to Bloomberg data, but platinum is up about $8.18 per ounce as of Sunday.
Platinum has now become the second-most valuable of all the precious metals, after silver.
Gold has gained about 10 percent over the last year and platinum has gained 12 percent.
Gold is currently worth $2,857 per ounce after hitting a record high of $2.,000 in February, according Bloomberg data compiled by The Wall St Journal.
Platinum was at $1 per ounce in late December, up from $1 in early October, and silver was down around 4 percent from a high of about $9 in December.
Gold and platinum are not the only precious metals in decline.
The price of copper, the most common metal used for coinage and for jewelry, has dropped more than 11 percent in the past year.
Silver has lost 5 percent and platinum about 3 percent.
The price of gold has also declined by about 6 percent since late 2015.
Gold prices have fallen about 40 percent since the end of 2014.