Many of our customers always have a doubt when buying gold and platinum. Platinum is more expensive than gold but has no gold value. Is this true? Is it good to buy gold or platinum? Today, Xiaobian will analyze and analyze.
The reason why platinum is more expensive than gold:
Rarity
Platinum is platinum (PT), commonly known as platinum. Platinum is the rarest precious metal in the world, and it can only be mined in very few places around the world (mainly in South Africa and Russia). If all the platinum in the world is poured into an Olympic-sized swimming pool, its depth is not enough to cover the instep. Platinum is so rare and precious that it is 30 times more rare than gold.
Purity
Platinum is extremely dense, tough and wear-resistant, and maintains its stable properties in a variety of extreme environments, so that it can still be as white as ever and never fade. Platinum and diamonds are the perfect combination, so platinum is very popular.
Hard to refine
In addition, the refining of platinum is more difficult than gold, and the energy consumption is high: 10 tons of ore can only be refined into 1 ounce of platinum in 8 weeks; in contrast, 1 ounce of gold requires only 5 tons of ore for 5 days. At the same time, processing platinum requires a higher level of craftsmanship than processing gold, and each step of the process needs to be very precise. Refining platinum requires more gold ore and time, and its rarity has caused it to be expensive.
The reason why platinum does not have gold preservation:
The recycling price is not high
Because platinum is only a rare metal, jewelry can be made, the recycling price is not high, and the international does not agree with platinum.
Gold has currency attributes
Gold is not only a precious metal, but also can be used for jewelry. It is also widely used in industrial fields, high-tech, etc. More importantly, international currency and hard currency have been symbols of wealth and rights since ancient times. Especially during the global financial crisis, countries have adopted loose monetary policies, followed by inflation expectations, and central banks are storing gold. This has created a situation in which gold is more valuable than platinum.
Of course, as the two rare metals in the world, their existence is not low in value. As a commodity attribute, Xiaobian believes that customers and friends should still buy according to their own preferences.
Fashion Fabric,Shiffon Fabric,Eco Fashion Fabrics,Luxury Fabrics For Clothing
Shaoxing Linkloom Import and Export Co.,ltd. , https://www.linkloomtextile.com