Tag: platinum wedding band

Understanding the Price of Platinum Jewelry

Understanding the Price of Platinum Jewelry

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 […]

February 3, 2009 | By | Reply More
Platinum and Gold: When Metals Collide

Platinum and Gold: When Metals Collide

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 […]

December 12, 2008 | By | Reply More
Platinum — The More Volatile Precious Metal

Platinum — The More Volatile 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 […]

October 25, 2008 | By | Reply More