RE:Oil is cheap compared to gold Platinum is cheap compared to Gold too. Dieselgate drove a stake through Platinum's heart, and the EV craze pushed the stake in even further. But a few years of high Palladium prices and the fade in EV growth should lead to a recovery in Platinum. Green hydrogen (if it ever gains traction) could be a tailwind for Platinum too.
https://www.bullionbypost.com/price-ratio/platinum/gold/25year/