Investing in platinum platinum’s correlation with the S&P 500

Platinum’s correlation with the S&P 500 has remained low at 0.18 over the past year, making investing in platinum a potential diversification play for equity-heavy portfolios seeking non-correlated assets. In the fourth quarter of 2025, Sylvania Platinum achieved production of 21,114 4E PGM ounces, representing a 3 percent increase compared to the previous quarter. For the full year, the company delivered a total of 81,002 4E PGM ounces. Today, its relevance is still based on trust. Central banks now hold over 36,700 metric tonnes of gold globally, with the United States, Germany, and China among the largest reserve holders. These tonnes of gold represent about 17% of all the gold ever mined. For many countries, gold reserves are a form of diversification—supporting financial credibility and offering protection against currency volatility or geopolitical shocks. This is why the demand for gold in central banks remains stable and often increases during periods of global uncertainty. Auto industry data shows global hybrid and hydrogen-powered vehicle sales are up 14% YoY, both of which rely on platinum catalysts. This strengthens the bullish case for investing in platinum amid the drive for low-emission technology.