Factors affecting the price of one gram of platinum

According to analysts from the London Market Association, the price of platinum in 2014 will fluctuate between US$1,300/ounce and US$1,650/ounce, and the benefit price will be much higher than the average price in 2013. Then, how much is the price of one gram of platinum? What are the influencing factors? Platinum is a rare precious metal, mostly concentrated in South Africa and Russia. Since the total global reserves of platinum are only 14,000 tons, platinum has also become a species with great investment value nowadays. According to analysts from the London Market Association, the price of platinum in 2014 will fluctuate between US$1,300/ounce and US$1650/ounce, and the benefit price will be much higher than the average price in 2013. Then, how much is the price of one gram of platinum? What are the influencing factors? One gram of platinum price affects the factor one: platinum purity There are several types of platinum: pt900, pt950, pt990, and thousand-foot platinum (pt999). The purity is from the lowest to the highest, and the price increases one by one. Now more and more newcomers are buying platinum rings. In addition to expressing love through platinum, more and more people have noticed the scarcity of platinum. The second factor influencing the price of one gram of platinum is the price of platinum for ordinary brands of platinum products in grams, plus manual costs. For international brands, a price will be quoted directly, not by weight, which is expensive. In general, the platinum price of each merchant is different. Three factors affecting the price of one gram of platinum: The price of gold Platinum is a precious metal that is more precious and rare than gold. Currently, affected by the international price of gold, the price of gold in my country is also rising all the way. As a result, the price of platinum is naturally high and low. Will be affected by this factor, from the overall analysis, the price of platinum will naturally rise all the way due to the impact of the price of gold. Through the above analysis, we can understand the factors affecting the price of one gram of platinum. If you need to buy platinum for investment, then we can make a deeper consideration through our analysis. Previous: What are the steps required for jewelry processing Next: Ranking of the top ten domestic silver jewelry brands in 2014