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Joacii Jewelry-OEM & ODM Fine Jewelry Manufacturer & Supplier Since 1998.

The difference between platinum and gold? Which is more valuable, platinum or gold?

Platinum is a naturally occurring white precious metal and is recognized as one of the most precious metals. The white luster of platinum is natural and pure, giving platinum jewelry a unique appearance. Even if worn every day, platinum always retains the pure white luster as before. Precious Metal Market   Platinum is a naturally occurring white precious metal and is recognized as one of the most precious metals. The white luster of platinum is natural and pure, giving platinum jewelry a unique appearance. Even if worn every day, platinum always retains the pure white luster as before.     The precious metals market is complex, with many types and various types. But the most concerned is gold and platinum. Which one is better, gold and platinum, is also a question that consumers consider when buying. Gold symbolizes auspicious wealth and is very popular among consumers, while platinum is more and more sought after for its simplicity and hardness. So what is the difference between the two? Next, I will give you a detailed introduction. The difference between     Platinum and gold:     Platinum is the king of precious metals, with an annual output of only 5% of gold, which is very rare in the world. It takes tons of ore to go through more than 150 processes, and it takes several months to extract only a platinum ring weighing a few grams. The characteristic of gold is soft, so it is difficult to inlay various exquisite styles.    Secondly, due to the excellent characteristics of platinum, platinum processing requires a higher level of craftsmanship, and every step of the process must be very precise. However, due to market and other factors, its price was not higher than gold in 2016! Although the color of platinum is low-key, platinum diamond rings are more fashionable than gold rings.    Platinum or gold, which holds the value more     In nature, platinum reserves are rarer than gold. The annual output of platinum in the world is far less than that of gold. The global jewelry industry consumes only 3% of platinum every year of gold. Coupled with the high melting point of platinum, it is more difficult to purify and smelt platinum than gold, and its energy consumption is higher. Moreover, processing platinum requires a higher level of craftsmanship than processing gold. As a result, it takes more manpower and material resources to generate a platinum.     But the price of gold in 2016 was more expensive than platinum. However, 2015 was the opposite. As the market changes, platinum may be more expensive than gold. But from an objective point of view, gold will have more investment value, because gold has a strong value preservation effect and has a wider range of uses. Platinum can only be used for decoration, and its price often fluctuates greatly due to the impact of market supply and demand. Therefore, if consumers want to invest, it is more reliable to choose gold.     Regardless of gold and platinum, there is a certain hedging price, but in view of the high melting point and hardness of platinum, there are many uncertain factors when gold jewelry stores detect molten platinum. In order to avoid the recycling of platinum necklaces and other jewelry containing impurities, many gold jewelry stores will refuse to recycle platinum. Therefore, if customers want to realize platinum jewelry, they have to spend some energy, such as selling it at a low price in a pawn shop or recycling it at the point of purchase, which also leads to the poor preservation of platinum.     The above is the author's summary of the difference between platinum and gold for you. The information comes from the Internet. If there is something wrong, please understand. If you need to set, please visit the official website of jewelry inlay. Jewelry inlay will serve you wholeheartedly!

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