Daily (DCL)
declining
Into cycle6 days
Translation
Right
Last low2026-09-28
Latest barClosed
Ratio cycle research
Gold : Platinum Ratio — weekly cycle & the long-term cycle
Chart & cycle-analysis proxy: Gold / Platinum Ratio (gold:platinum) · 2.44 · as of 2026-10-06
Futures-based ratio; continuous futures rolls may affect historical comparisons. Compare gold:platinum. Counts are automated swing-based estimates; yearly structure is not confirmation of an eight-year cycle.
Declining phaseAs of 2026-10-06
The ratio is turning toward the other metal.
A rising ratio means gold is outperforming the denominator metal; a falling ratio means the reverse. Relative strength does not mean either metal is rising in dollar terms.
The evidence
- gold:platinum weekly structure: declining; even translation so far.
- 2 of the last 3 completed weekly swing cycles were left-translated.
- gold:platinum monthly structure: declining.
The countercase
Open-cycle translation can change before the next confirmed low.
What changes our view
A confirmed weekly low followed by a sustained advance and a right-translated completed cycle would strengthen the bullish case.
See the recent rally lengths
A left-translated cycle spends fewer bars advancing than declining. Open cycles are provisional.
| Weekly low → low | Rally | Decline | Translation |
|---|---|---|---|
| 2026-06-15 → 2026-07-13 | 2w | 2w | Even |
| 2026-07-13 → 2026-08-03 | 1w | 2w | Left |
| 2026-08-03 → 2026-09-21 | 1w | 6w | Left |
These are consecutive confirmed swing cycles, not analyst-selected 18–30-week intermediate cycles. Short swings can be nested inside a larger weekly cycle. A phase call is an interpretation, not a probability. Read the framework.
The structure underneath the view
Weekly (ICL)
declining
Into cycle2 weeks
Translation
Even
Last low2026-09-21
Latest barForming
Monthly (LCL)
declining
Into cycle5 months
Translation
Left
Last low2026-05-01
Latest barForming
Yearly structure
declining
Into cycle5 years
Translation
Right
Last low2021-01-01
Latest barForming
Gold : Platinum Ratio · cycle chart
Engine read — auto-derived from the cycle data
Gold : Platinum Ratio is in the declining phase of the weekly swing cycle — 2 weeks into a cycle that has historically run a median of about 6 weeks. The last ICL printed 2026-09-21, and the cycle is even-translated so far. On the separate yearly-bar view, the automated read is declining, 5 years in, right-translated. This yearly-bar count is separate from the eight-year thesis above.
Automatically derived from confirmed swing lows. Published analysis, where available, is dated separately. No dedicated written report is currently available for Gold : Platinum Ratio.
Yearly swing history
| Low → Low | Len | Transl. |
|---|---|---|
| 2014-01 → 2021-01 | 7y0m | Right |
| 2010-01 → 2014-01 | 4y0m | Left |
| 2021-01 → now | open | Right |
confidence: medium ·
2 completed cycles
Relative strength: The Gold : Platinum Ratio is a first-class cycle object here. Its
cycle highs/lows are the silver-vs-gold (and platinum) timing signal — the
crux of the 8-year / silver-lag thesis. A ratio cycle high rolling
over is historically where the lagging metal begins to outperform.