Platinum vs Gold Rarity Compared to the nearly 1, tons of gold mined, only about tons of platinum are mined annually. Is Platnum A Good Investment Platinum American Eagles are an excellent and affordable way to diversify the types of metal in your portfolio.
Are You Ready to invest in Precious Metals? Learn More About Precious Metals. Read more. July 14, November 30, Circulated vs. Uncirculated Coins December 15, Are Graded Coins Worth More? October 25, January 19, December 21, What Coins Are Worth Collecting? December 3, Remove platinum rings and bracelets when house cleaning. Work with certified jewelers to polish, resize, or make any other adjustments to your platinum jewellery. We have an array of platinum jewellery — why not pop into one of our stores to chat with a Jenna Clifford consultant?
Click here to get in touch with us today! Factors for Platinum Prices Platinum is an expensive metal commonly found in jewellery, however, the rare metal rhodium holds more value.
Platinum is the second highest valued metal. There are no stockpiles of platinum like there are for other precious metals. Give one of our experienced dealers a call today at The statements made in this blog are opinions, and past performance is not indicative of future returns.
Precious metals, like all investments, carry risk. Precious metals and coins may appreciate, depreciate, or stay the same in cash value depending on a variety of factors.
First National Bullion does not guarantee, and its website and employees make no representation, that any metals for sale will appreciate sufficiently to earn the customers a profit. What Gives Platinum Its Value? View Larger Image. Jewelry Jewelry has been made with platinum since the s. But how elite is it actually, particularly when compared with its best frenemy, gold? Platinum is a naturally occurring chemical element that is actually about 30 times rarer than gold, according to Jenny Luker, president of Platinum Guild International USA PGI , a marketing organization for the platinum jewelry industry.
Gold, however, would fill three pools," she explains via email. In fact, it's the least common of all the popular precious metals. In appearance, platinum is silvery-white and shiny. Because it looks so similar to white gold, the distinction can be confusing to the untrained eye. That's not to say that it won't change at all, however. This change in texture is known as 'patina,'" Luker explains. Many platinum aficionados actually desire this change in appearance.
Platinum is also more durable than gold, which is one of the reasons it is often the metal of choice for engagement rings, gold prongs are more likely to break than their platinum counterparts. Unfortunately, all of these attributes have given platinum a traditionally heftier price tag than gold, although Luker notes that the current price difference is minimal.
However, because platinum jewelry is more pure typically 95 percent platinum versus
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