Platinum is expensive or gold is expensive

We come into contact with non-ferrous metal jewelry such as gold and platinum in our daily life. The raw materials of this kind of non-ferrous metal are precious, and the jewelry made is also very gorgeous and popular. But many people still don't know what their prices are. Today I will introduce in detail, is platinum or gold more expensive?

Platinum is expensive or gold is expensive

Platinum is more expensive than gold. Because platinum itself is a rare precious metal, the output is less than 5% of gold, and the processing output is less than 1/4 of gold. So things are rare. Moreover, platinum is tougher than ordinary gold. Platinum is used to make jewelry such as necklaces, even if it is processed to the smallest detail, it is still strong and reliable.

Difference Between Platinum and Gold

• price is different, Platinum is rarer than gold. Platinum is 30 times rarer than gold and can only be mined in very few places around the world. The so-called rarity is more expensive, so the price of platinum is naturally much more expensive than gold.
• different colors, The color of gold is golden, pure and dazzling, and it feels heavy in the hand. The luster of platinum is natural and pure, and platinum will not change or fade due to daily wear, and it can always maintain a natural pure white luster no matter how long it is worn.
• different hardness, The hardness of gold is low, and the higher the gold content, the softer it is, so it is difficult to inlay various exquisite styles. Platinum is very hard. Platinum has good toughness and ductility, and can safely and firmly set every diamond.
• Different investment characteristics, Now the common hard currency in the international market is gold, and national reserves are often stored in gold. Therefore, gold can be used as a world currency. Platinum is not an investment product for ordinary investors. Platinum does not have currency attributes like gold, nor does it have repurchase channels and corresponding markets.