What is the difference between platinum and gold? Which is more valuable in platinum and gold?

The precious metals market is complex and diverse. But the most attention is still gold and platinum. That is the best gold platinum, which is also considered when consumers buy. Gold symbolizes auspiciousness and wealth, and is deeply loved by consumers. Platinum is hard and hard, and it is increasingly sought after. So what is the difference between the two? Next, I will give you a detailed introduction.

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The difference between platinum and gold

Platinum is the king of precious metals, with an annual production of only 5% of gold, and production in platinum is very rare in the world. It takes more than 150 processes for tons of ore. It takes only a few months to refine it and only make a platinum ring of several grams. The gold is soft, so it is difficult to set a variety of exquisite styles.

Secondly, due to the excellent characteristics of platinum, the processing of platinum requires a higher level of technology, and each step of the process needs to be very precise. However, due to factors such as the market, its price is not higher than gold in 2016! The color of platinum is low-key, but the platinum diamond ring is more fashionable than the gold ring.

Platinum and gold which are more valuable

In nature, platinum reserves are rarer than gold. The annual production of platinum in the world is far less than that of gold. In the global jewellery industry, the annual consumption of platinum is only 3% of gold. In addition, the high melting point of platinum, the purification of smelting platinum is more difficult than gold, and the energy consumption is higher. Moreover, processing platinum requires a higher level of processing than processing gold. It takes more manpower and resources to generate a platinum.

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But the price of gold started in 2016 is more expensive than platinum. However, 2015 is the opposite. As the market changes, platinum may be more expensive than gold.

However, from an objective point of view, gold will have more investment value, because gold has a strong preservation effect and is widely used. Platinum can only be used for decoration, and its price is often subject to huge fluctuations due to market supply and demand. Therefore, if consumers want to make an investment, it is more reliable to choose gold.

Both gold and platinum have a certain price, but given the high melting point and hardness of platinum, there are many uncertainties in the goldsmith's shop when testing the melting of platinum.

In order to avoid recycling jewelry such as platinum necklaces containing impurities, many goldsmiths will refuse to recycle platinum. Therefore, if customers want to cash in platinum jewelry, it will take some energy, such as low price to be sold at the pawnshop or recycled at the point of purchase, which also leads to poor preservation of platinum.

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