Is platinum is better than gold?

Platinum is almost always more valuable than gold. It's a rarer metal, and platinum rings have higher densities and purities than gold rings. You also need more platinum to make a ring, so they often cost 40-50% more than gold. Platinum also has a sense of prestige.
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Is it better to go gold or platinum?

Is Platinum Better than Gold? No, platinum is not better than gold, as platinum looks nearly identical to white gold but costs significantly more. Both 14K and 18K white gold are durable enough for everyday wear, so platinum jewelry isn't necessary. Platinum also scratches more easily and requires more maintenance.
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Is platinum costlier than gold?

Platinum is also more dense than gold (an identical ring in platinum would be around 40% heavier than the one in gold) and, hence, costlier.
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Why platinum is cheaper than gold?

Platinum futures are less actively traded than gold futures (or silver, for that matter). Platinum's main application in industry is one of the reasons it is less expensive than gold. Platinum's demand is limited to Automobile Manufacturers, aside from jewelry and investment.
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Is it good to buy platinum?

That being said, if the economy is trending upward and industrial and manufacturing industries are on the rise, then platinum can make a great short-term investment that bears much higher immediate returns than gold.
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Platinum vs Gold 2021



Is it worth buying platinum jewelry?

And you will get back only 85% of the value of platinum. If you still feel like pampering your loved one or even yourself with a platinum band or a formal jewellery, you can still go ahead. It costs as much as gold. But remember this is just a purchase which may attain some investment value in future.
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Can platinum rust?

Known as the precious metals, platinum, gold and silver are all pure metals, therefore they contain no iron and cannot rust.
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Why is platinum price so low?

As 2021 progressed, the platinum price steadily slipped lower as mined supply increased some 19 percent year-over-year and demand retracted 5 percent. 2021 platinum price performance.
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Is diamond better than platinum?

The award levels are Silver (20,000+), Double Silver (40,000+), Gold (75,000+), Double Gold (150,000+), Diamond (200,000+), Platinum (400,000+) and Double Platinum (800,000+).
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Why platinum is expensive?

Reason for being so expensive

The mines of Platinum are rare in comparison to gold. Nearly 1,782 tons of gold mined, only about 133 tons of platinum are mined annually. It is estimated that there are more than 5 billion ounces of gold above ground. There are only an estimated 200 million ounces of platinum.
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Which is more expensive than gold?

Diamonds are much more expensive than gold. However, red diamonds are extremely rare on our planet. Only 30 of them are currently known, and most of them do not weigh more than half a carat (about 0.1 grams).
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Is platinum a white gold?

While Platinum is a naturally white metal, White Gold is made by combining pure gold (which is yellow in colour) with alloying metals such as Palladium. Because of the yellow metal content, White Gold is actually slightly grey/off-white in colour. This can be corrected by a surface treatment called Rhodium plating.
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Which is costly diamond?

Kohinoor is the most expensive diamond in the world. As per reports, the oval 109 carat diamond weighs 21.6 grams and is the main diamond of the British Crown. Its origin is traced back to India with Queen Elizabeth II being the current owner of the diamond. Due to its uniqueness, the diamond is said to be priceless.
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What comes first platinum or gold?

Some multiplayer video games feature a hierarchy of players that uses precious metal names to distinguish the various levels of skill, often progressing from Bronze to Silver, to Gold, to Platinum, then to Diamond.
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Should I invest 2021 platinum?

Investment demand is set to rise by 329,000 ounces in 2022 after falling by 43,000 ounces in 2021. The WPIC expects the platinum market surplus to be 652,000 ounces this year, down from the 1.232m ounces seen last year. According to Heraeus: “The platinum market is in significant surplus (ex.
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Will platinum go up 2022?

After dropping by 43,000 ounces in 2021, investment demand is expected to grow by 329,000 ounces in 2022. According to the WPIC, the platinum market surplus will be 652,000 ounces this year, down from 1.232 million ounces last year.
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Does platinum have a future?

The WPIC said the roughly 8 million ounce a year market was oversupplied by 1.23 million ounces in 2021 and predicted a surplus of 652,000 ounces in 2022. It said supply of platinum rose by 21% last year, while demand fell 9%.
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Can you touch platinum?

Despite being incredibly durable, platinum can deform and be shaped very easily without breaking. This makes it very useful for jewellers and other industries, but also means it can be scratched quite easily.
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Can you shower with platinum?

Can you wear platinum in the shower? A similar scenario to gold, you should refrain from wearing your platinum jewelry in the shower as it will reduce its shine and luster. Water itself will not harm the platinum, but it well affect the overall look of it down the road.
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Is platinum used in jewelry?

Platinum jewelry is the perfect choice for a lifetime of everyday wear. Its density and weight make it a durable jewelry metal. Platinum does not wear away and holds precious stones firmly and securely. Like all precious metals, platinum scratches.
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Can we wear platinum daily?

Platinum is extremely durable and strong making it ideal for jewellery that's worn on a daily basis. It's highly resistant to stress and withstands both extreme heat and extreme cold, which means platinum jewellery will retain its good looks better than any other metal.
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Can India get Koh-i-Noor back?

The ministerial support team informed Roshan that the diamond could not be returned as the Queen received it as part of the Treaty of Lahore, 1849 and is currently set in the crown worn by Queen Elizabeth.
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What is the price of Koh-i-Noor?

Kohinoor is one of the most expensive diamonds on the Queen's crown. The whole value of the stunning diamonds of the crown would account to roughly between $10 and $12 billion.
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Who gave Koh-i-Noor to British?

After the Second Anglo-Sikh War ended in 1849 Duleep Singh gave the Koh-i-Noor to Lord Dalhousie in the context of the Treaty of Lahore. He was 10 years old and his mother the regent, Jind Kaur, had been taken from him. From there the East India Company agents prepared the Koh-i-Noor for shipment to the British court.
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