Why is Platinum Much More Expensive Than Gold? Platinum is a hypoallergenic virtually pure precious metal. Jewelry stores who sell high quality platinum offer 950 Grade (95% pure platinum) jewelry. Anything less should not be considered either pure or hypoallergenic or of substantive quality. This means that 95% of the content of a piece of […]
At face value, it seems that now is the right time to invest in platinum when you consider the highs and lows of the past 52 weeks. Platinum reached an all-time high of just over $2,300 per ounce in March of 2008 and today tries to hold firm around $940 an ounce–a 60% drop from […]
With a front-running style, favored Precious Gold takes the lead by a head December 15th, 2008, 5:30 Eastern, with Price of Platinum coming in second at a price of $835 per ounce–$2 below gold. The prelude to this historical event was Friday, December 12th, when platinum and gold collided within a $1 spread of each […]
Italian humanist Julius Caesar Scaliger described platinum in 1557 as an unknown noble metal found between Darién and Mexico, “which no fire nor any Spanish artifice has yet been able to liquefy”. King Louis XV of France declared platinum the only metal fit for a king in the 18th century. Today, platinum is still considered […]
Although platinum is 30 times rarer than gold, the two metals’ prices collided throughout the day and finally closed with gold at $822 per ounce and platinum at $823! Today’s $1 spread was nothing short of historical for precious metals; the last time platinum and gold met at such close quarters was 1996! Platinum has […]
Platinum fell below $800 an ounce on Thursday–a welcome sight for most in the fine jewelry industry, who consequently are able to lower platinum jewelry prices in hopes of motivating consumers to purchase such items as platinum wedding bands. Platinum has exhibited nothing short of a bona fide crash in 2008, with platinum precious metal […]
Gold and jewelry enthusiasts, even economists and investors, have been closely watching the unpredictable gold market in the past several years as it began to behave uncharacteristically erratic. But platinum, its more expensive counterpart, has been largely ignored. Platinum has had some dramatic swings as of late – enough to make gold seem tame by […]
Sapphire Engagement Rings: Pop the Question With a True-blue Symbol of Love
For a love that’s true blue, it’s hard to beat sapphire engagement rings. The stunning rich blue sparkle of the sapphire is timelessly glamorous and always eye-catching, perfect for expressing a love that’s deep and that never fades. Sapphire rings have been long been loved and worn by royalty from Catherine the Great to Kate […]
Emerald Rings: Unique Ways to Wear the May Birthstone
This month is the perfect time to sport an emerald! Not only is this green gemstone the birthstone for the month of May, it’s also the inspiration for Pantone’s color of the year! The emerald’s saturated green sparkle is ideal for the season when the trees are full of leaves and the earth is full […]
Mom Jewelry at 10 Percent Off—Happy Mother’s Day!
Mother’s Day is here! Have you decided how you’re going to honor your mom yet? Mom jewelry of many kinds is a lovely way to show the woman who raised you—or any other woman who’s played an important role in your life—that you appreciate her, and there no better time to buy a piece of […]
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