What is more expensive: white gold or platinum

White gold or platinum when choosing engagement rings

Gold is perhaps the most classic metal for making wedding rings ; about 90% of all newlyweds choose it. But every year platinum begins to gain momentum. Let's figure out why this happens, why platinum is better than white gold when choosing wedding rings, if outwardly these metals are almost impossible to distinguish

White gold in wedding rings

You should be aware that the gold used in jewelry is not a pure precious metal, but an alloy. Due to the softness and fragility of pure gold, the production of jewelry is impossible without adding a fairly high percentage of other metals to the alloy - copper, silver, nickel, etc. In particular, 750-carat gold will contain 25% of other metals, and 585-carat gold will contain 41.5%. The lower the gold purity, the higher the percentage of other metals in the alloy.

Platinum, on the other hand, is a fairly strong metal, so platinum rings are composed almost entirely of the precious metal. For example, the most common ring of 950 standard contains 95% pure precious metal and only 5% impurities of other metals, which give the alloy strength and durability to the product.

Which sparkles better, white gold or platinum?

You may be disappointed, but the shine of the two wedding rings - white gold and platinum - is almost impossible to distinguish from the outside. This is because every piece of jewelry is plated with rhodium after manufacturing, it is this metal that gives white gold and platinum jewelry their unique radiant shine. Over time, they may fade with daily wear, but rhodium plating can restore their original shine.

Why is platinum more expensive than gold?

In nature, platinum is a fairly rare element. To extract one ounce of platinum, it is necessary to process an average of 10 tons of ore. By comparison, an ounce of gold can be extracted from just 3 tons of gold ore. The cost of platinum mining is on average three times higher than gold mining.

Jewelry manufacturers' demand for platinum is growing every year. This is confirmed by the fact that even in Ukraine every year the number of couples choosing platinum wedding rings grows exponentially.

Platinum is a very difficult metal to process. It melts at much higher temperatures than gold and requires separate professional equipment and the skill of jewelers.

Despite the fact that the market value of platinum may not differ much from gold, in a piece of jewelry this difference will be much more noticeable, since about 30% of the cost of a piece of jewelry is the complex work of a jeweler creating jewelry from platinum.

Gold and platinum in jewelry

Now about the most pleasant thing - about the sensations when choosing platinum wedding rings. Due to the fact that this metal is much heavier and denser than gold, products of the same volume made of platinum weigh almost twice as much as similar gold ones. Therefore, when you try on a platinum wedding ring, you will feel a pleasant heaviness; most couples choose this metal precisely for this unique feeling of weight and value, which they transmit to their relationship.

Because platinum is stronger, platinum wedding rings are less prone to scratches than gold ones. This is also a strong practical argument for platinum wedding rings that will be worn every day.

Each couple must decide for themselves what metal they want their wedding rings to be. The specialists of the ZBird Jewelery jewelry store can only help in choosing, advise and promise to produce any of the designs you choose in any of the selected metals. It is not so important whether your wedding rings are gold or platinum, it is important that they add value to your feelings and make your family strong and happy.

Choosing wedding rings is perhaps one of the most important tasks for newlyweds when preparing for their wedding. Today we'll look at some of the top trends in engagement ring design that are shaping this season's wedding jewelry fashion and determining what the most beautiful engagement rings will look like this year. Engagement rings with a large or even huge stone are by no means fashionable or a trend. This is a classic, a sign of good taste and serious intentions of the groom, who is ready to do anything to ensure that his woman does not need anything throughout her entire life together. You can call a large diamond engagement ring your first serious investment in a relationship.

Source: https://www.zbird.com.ua/article/beloe-zoloto-ili-platina-pri-vybore-obruchalnyh-kolec

In what cases is gold more expensive than platinum - interesting details about precious metals

Girls love beautiful jewelry made of various precious metals, the fashion for which is only increasing. The question of what is more expensive: gold or platinum products becomes relevant.

Find that looks like silver

Platinum was first discovered in 1700 in Europe, or rather, off its coast.

Alchemists became interested in metal and began to study it. They conducted many experiments, wanting to discover all the properties of the element and convert it into Au. Theophilus Schaeffer, the great scientist of Sweden, proclaimed the news in 1751 that platinum was a unique metal.

Platinum has become popular. A little later, in 1780, King Louis 15 of France declared that this metal was crown metal, that is, intended for persons of blue blood. Many luxury goods were created then.

In the 18th century in Russia, the properties of the metal were not discovered, so its value remained lower than silver. But thanks to scientific progress, everything has changed - now this metal is considered very expensive.

About metals

I wonder why platinum is more expensive than gold? The answer is simple: it's all about the characteristics.

What is platinum and white gold? These are two outwardly similar metals with different properties. At the moment, the element is rarely found in nature.

The metal has good characteristics: it is hard, durable and wear-resistant. It has a unique shade from nature. Try:

White gold is an alloy of elements that gives it a beautiful shine. An alloy of gold and platinum can create white gold. This is a metal that is considered one of the softest. To give the desired shine, various impurities are added to the composition: silver, nickel, palladium, rhodium.

Rhodium plating has a disadvantage - over time, the layer becomes thinner, so it has to be renewed - this can be done in elite jewelry stores.

Try:

But in jewelry stores there are few items made from 750 samples. Based on this, the difference between platinum and white gold is obvious.

To understand what is more expensive: platinum or gold, you need to study the purpose of the products.

Platinum jewelry will be more expensive than white gold jewelry.

But there is another nuance. Bullion is a way to invest. How much does a gram of bullion cost? Here the situation looks a little different (the course is updated regularly):

MetalCoursePrice in rub. per gramPeriod

TSB RF

2280,13

Source: https://ProDragmetally.ru/dragotsennye-metally/platina/zoloto-dorozhe.html

Diamond eye: how to distinguish white gold from platinum

The wealth and variety of jewelry in showrooms requires a certain level of literacy on the part of the buyer. It’s no longer enough to just point your finger at a product and say: I like it. You need to have at least a general idea of the metal from which the ring or pendant is made, and the stones with which they are inlaid.

After all, something that looks quite similar in appearance (at least at first glance) can be radically different in composition. Take, for example, silver, white gold and platinum. Light noble color, slightly steely iridescent shade. Similar? More than! What is the difference between platinum and white gold? Let's figure it out.

We exclude silver

With the wonderful “lunar” metal - silver - everything is quite simple. First of all, you need to take a closer look at the color. Rings made of silver and white gold will have a light tint, but the gold will still have a slightly warm yellowish tint. But silver will not have even a hint of “warmth”. Rather, the metal will look like bright steel. If the products look the same on the outside, cheat and look “inside”: the raw, unpolished areas differ especially clearly.

The next step is to check the susceptibility to deformation. Silver is a very soft metal, and even gentle female hands are quite capable of slightly bending a silver ring. With gold, this number will not work. Well, or it will be much more difficult to fulfill.

You can also distinguish gold from silver by markings. On any gold (white or red) the marking will be in the form of a rectangle. But on silver - in the form of a barrel, oval.

Looking for 5 differences

To know the difference between white gold and platinum, you first need to understand the composition and properties of each metal. After this brief excursion into jewelry making, practical tips for determining the difference will be much clearer.

Platinum: rags to riches

Even if such a saying sounds somewhat defiant for the most noble metal, in reality everything was really like that. Tireless gold seekers, having stumbled upon yellow rock with incomprehensible inclusions, tried to get rid of these “dots”. But the gray grains did not want to be washed out of the yellow rock, and the frustrated gold miners dubbed the gold rotten because of the platinum, which “spoils” the pure metal.

That is, initially platinum (translated from Spanish as silver) was not the metal itself, but only these gray inclusions that spoil life, similar to silver. The metal was unyielding, reluctant to melt, nothing could be done with it. And that’s why platinum cost twice as much as silver. Now this is, of course, impossible to imagine.

The queen of precious metals, Platinum, had a long journey from humiliation to incredible popularity, but she was able to overcome it. Let's find out what it is.

Queen of Precious Metals

Platinum is a pure, unalloyed metal of almost white color, moderately shiny and quite ductile. Platinum shines dimly. Rather, its shine can be called muted steel.

This metal is extremely strong (and it was this strength that created problems for medieval gold miners), wear-resistant, and not deformable. Platinum's purity makes it an ideal metal for allergy sufferers.

No alloys, spraying, coatings - only pure metal, which has 100% hypoallergenic properties.

Be sure to pay attention to the sample. The online jewelry supermarket Gold.ua offers platinum in three hallmarks: 950, 900, 850. It should be recalled that the numbers on the hallmark indicate the percentage of the base metal in the product. Thus, 950 standard means that the jewelry contains 95% platinum, and the remaining 5% are impurities. However, those wishing to purchase platinum jewelry should remember their high price. If you still can’t, take a closer look at white gold.

White gold: the optimal alloy

Armed with knowledge about platinum, we can talk about white gold. Of course, comparing it with the previous metal. So what are the main differences?

First of all, white gold does not exist in nature. This is an alloy in which various other metals are added to 50-75% gold. First of all, silver, palladium or the already known platinum. Previously, nickel was mixed with gold; this was a very common practice. But scientists discovered that nickel is a strong allergen, and jewelers abandoned this “mixture.” True, not all. Therefore, if you are prone to allergies, pay attention to the composition of the alloy.

If platinum is called the hardest precious metal, then gold, alas, has earned the reputation of being the softest. This is why pure gold products are so susceptible to deformation. And therefore various metals are added to the alloy. And not only for beauty, but also for functionality and increased strength.

Now a little about aesthetics: rhodium gives gold a pleasant white tint. This is a metal quite similar to platinum in shade and strength. Rhodium protects the gold item, hides the “red” tint and provides the jewelry with a steel color. However, after years this coating disappears, and white gold becomes not as white as before. Fortunately, this problem can be solved in any jewelry workshop.

Let's sum it up

the difference between white gold and platinum is the composition. Platinum is an independent metal, and white gold is an alloy.

Pay attention to the shades: platinum has a more steely, restrained color, while white gold looks brighter and more shiny.
Be aware of the differences in wear resistance: gold is softer than platinum, so it is easier to deform. In addition, for a beautiful light shine, gold is coated with a layer of rhodium. Over time, it wears off and the decoration has to be renewed.
Be careful if you are allergic. To make white gold, various impurities can be added to the metal, which can provoke an allergic reaction. Platinum does not have such impurities, therefore it is absolutely safe for allergy sufferers.
The most noticeable difference between white gold and platinum is the price. Platinum is more expensive than gold. But this investment will definitely pay off.

How to distinguish platinum from white gold

All that remains for you and me is to find the answer to the question of how to distinguish platinum from white gold. There are several ways to help you understand what exactly is in front of you - rhodium-plated aurum or platinum.

A visual definition is a good place to start. Platinum is more like steel and less shiny than white gold. In addition, after some time you can check whether the coating has worn off.

If this is indeed the case, and a gray-yellow tint appears to you, then this means that this is white gold.

The next convenient way is to determine by weight. All other things being equal, platinum is heavier than gold. If you can look at two identical-looking products and pick them up, the platinum one will be heavier. Finally, look at the brand. We have already said that platinum is most often 950, 900, 850 samples. For gold the numbers will be different: 750, 585, 500.

The choice of material from which the jewelry is made depends entirely on you. The main thing is to understand what exactly you are buying, what the product consists of and how it will behave when worn.

Source: https://gold.ua/jewellery-articles/glaz-almaz-kak-otlichit-beloe-zoloto-ot-platiny

Platinum and white gold, which is suitable for an engagement ring?

Previously, it was believed that there was a large gap between the value of pure gold and the alloy of gold and platinum. At the same time, platinum with gold cost about 1000 dollars per ounce, and platinum alone - about 1800. Currently, however, the cost of platinum is almost equal to the cost of gold: gold costs 1300 dollars per ounce, and platinum - 1400.

Despite the almost identical price of these two metals, platinum rings are still much more expensive. The main reason for this is that to make a ring you will have to take much more platinum than gold.

The purity of platinum is 90-99%, while 14k white gold is only 58.33%, the rest is alloys. A platinum ring is denser and therefore heavier than a gold ring. White gold was originally used as an inexpensive alternative to platinum.

So is it worth paying more for platinum? How is it better than gold?

Benefits of Platinum

– Platinum is a pure metal, so it is hypoallergenic. If you are allergic to certain metals or alloys, platinum is perfect for you. Many people who are allergic to white gold do not experience any discomfort when wearing platinum jewelry.

– Platinum never discolors or darkens. Gold will tarnish over time due to the alloys in its composition, and white gold will turn yellowish. To return it to white, additional rhodium plating is required.

– Since platinum is denser and 4 times stronger than gold, products made from it are almost impossible to bend, scratch or break.

– Platinum rings do not slip off your fingers as easily as gold ones. At least this happens to them much less often than to gold ones.

– Colored diamonds on a platinum ring appear lighter due to the white color of the metal.

Benefits of white gold

– White gold is not very expensive, you will always be able to afford jewelry made from it.

– Repairing items made from white gold costs much less than those made from platinum. If you need to resize your platinum ring, the labor cost will be double that of a new ring.

– Old white gold items made before 1940 used purer white alloys, so they do not yellow as much as modern ones. If you want a white wedding ring, it's best to buy an antique 18k white gold ring made between 1920 and 1930.

– If you have a white gold engagement ring, you should not wear platinum rings with it. Metals wear out at different rates, and platinum's durability will cause a gold ring to lose its appearance more quickly.

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In any case, the decision to buy jewelry from one metal or another depends on your budget. If you have the means, of course, it is better to buy platinum rings. If you want to buy an antique ring, choose 18 karat white gold. It will be much cleaner than modern 14-karat. However, with proper care, even a 14-karat white gold ring can always be in excellent condition.

Source: http://russj.ru/platina-i-beloe-zoloto-dlya-obruchalnogo-kolca/

What is more expensive: white gold or platinum? Distinctive features of platinum and white gold

Purchasing a suitable piece of jewelry is a very difficult task, which is complicated by the significant variety of models that differ both in design features and material. The most luxurious products are made of platinum and gold, which are truly precious metals.

The materials differ in color, as well as physical and chemical characteristics, but what is most important is how these very rare, and therefore quite valuable metals are perceived by those who buy jewelry.

Why is it that for some people prefer ordinary gold, while others do not recognize any material other than noble platinum?

Gold is the only yellow metal found in nature. It is unique not only due to its appearance, but also to its properties. Some softness of gold (on the Mohs scale - 2.53.0) is both its advantage and disadvantage.

It is quite convenient to work with such metal, but it is also quite easy to damage a product made from it.

Therefore, the use of alloys with other metals, and not pure gold, is explained not by economic feasibility, but by the forced necessity of an indispensable increase in its strength.

Gold is a malleable and malleable metal. The melting point is 1063 o C. Gold does not react with most chemicals, but owners of gold items should protect them from exposure to sulfur, iodine and mercury.

Platinum is a dense metal with a grayish-white color. The metal has a fairly high melting point (1773.5 o C) and is resistant to corrosion. The hardness of platinum is much higher than the hardness of gold (on the Mohs scale - 4.3). It is almost impossible to scratch the surface of platinum; the metal is very inert to the effects of other chemicals.

Design features and prices

Gold is not as rare a metal as platinum, but both of these materials are involuntarily associated with concepts such as wealth and luxury. Due to the high ductility of gold, jewelry made from it can easily contain the smallest elements.

Such properties of platinum as hardness and refractoriness do not allow the creation of such sophisticated products, but they have exceptional durability due to platinum’s resistance to external chemical and mechanical influences. Gold is not as democratic a material as, for example, silver, but it is more affordable than platinum.

In case of final choice of product and material, we will always help in purchasing it

Platinum and white gold are the two most expensive types of metals, which look very similar to each other. Platinum has always been more valuable than gold, but today the demand for them is equal in the jewelry market.

Platinum jewelry has a silvery-white tint, white gold has a silvery-smoky color. The white alloy contains nickel, silver and even palladium. But which metal is better - platinum or white gold?

Cardinal differences between two white metals

The main difference between these two precious metals is their composition. Platinum jewelry is an independent metal; it does not contain additional alloys or impurities in the quantities present in white gold.

They are highly valued and very expensive - about 800 euros per 1 gram. Platinum has only a few hallmarks - 850, 900 and 950; Accordingly, the content of pure metal is much higher than in white gold.

The secondary difference and main advantage of platinum is strength and hardness. If gold in jewelry is called the softest metal, then platinum is the hardest and most ductile.

By their nature, platinum products have a characteristic light shade; the color of gold depends on the amount of third-party alloys in the composition, so outwardly you can distinguish at first glance that this is gold or, in fact, a platinum piece of luxury. It is also not customary to coat platinum with rhodium or plating - it does not darken, is not scratched, does not deteriorate, and does not require additional protection.

Source: https://itpressa.ru/chto-dorozhe-beloe-zoloto-ili-platina-otlichitelnye-osobennosti/

Platinum or gold - which precious metal is more expensive?

11-03-2019

One of the most expensive metals on Earth is platinum. It was first discovered in Colombia back in the 16th century. The Spaniards, while mining gold there, found impurities of an unknown nature and were unable to melt them. The noble metal was mistaken for low-quality silver, which is why it was called platinum, which translates from Spanish as “bad silver.” The king was afraid to spoil the reputation of his country, which was famous for the production of high-quality gold, so he gave the order to destroy all the platinum found.

For about 50 years, expensive metal was dumped into rivers simply because they couldn’t find a way to process it. Today, platinum is valued no cheaper, and sometimes even more expensive, than yellow gold. Debates about which metal is more valuable continue to this day.

General information about platinum

Platinum is a malleable metal with a density of 21.4 grams per cubic centimeter. Its melting point is 1773.5 degrees Celsius. Platinum is almost twice as dense as gold and stronger than any known metal. It is also highly resistant to corrosion. In nature, platinum is found in the form of nuggets and in ore deposits.

Jewelers value the high strength and noble color of platinum, which favorably emphasizes the purity of diamonds. However, the yellow tint of gold gives the gemstone a slight undesirable tint. The use of platinum as a setting for diamonds is also justified by the strength of the metal: it is more reliable than soft gold.

Platinum mining in Russia

Today, Russia is actively developing deposits of “bad silver”. Back in the 19th century, near Upper Neiva (Ural), rich sources of platinum were found. Thanks to this, Russia has become a leader in the production of expensive metal. Ural chervonets or platenniks came into use - coins weighing 10.3 grams, which were valued at three rubles.

In the twenties of the 19th century, studies were carried out during which it was determined that shiny particles of platinum do not dissolve in acids. The researchers concluded that “Siberian metal” is a special kind of raw platinum, since it contains large amounts of osmium and iridium. A little later, rich deposits of platinum were found in the Urals, which brought Russia to first place in the world in the extraction of this valuable material.

The study of platinum led to the discovery of other similar metals, which are also quite highly valued and have similar physical and chemical properties - rhodium, palladium, ruthenium, iridium, osmium. These metals immediately found application in industry.

For example, platinum-iridium electrodes help maintain the heart activity of people with angina pectoris. Platinum is also used to treat oncology: it helps to shrink tumors.

Due to the natural purity of platinum, it is widely used in medicine.

Why is platinum so highly regarded?

Demand for platinum today exceeds supply, making it one of the most expensive metals. Louis XVI once said that platinum is the only metal worthy of kings. Today, many newlyweds choose platinum rings to seal their union.

There are several reasons why platinum is more expensive than gold:

White metal is heavier. A platinum ring of the same size and volume as a gold ring will be 6 grams heavier. That is, with the same complexity of the jeweler’s work, a platinum accessory simply outweighs a gold item.
Platinum jewelry is more “clean.” Such products contain 95% pure metal. At the same time, gold jewelry always contains much more impurities that provide it with strength.
Platinum accessories are durable and especially beautiful. Platinum processing is technologically more complex than gold processing - this is reflected in the price.
Demand for gold is higher. Therefore, the production volumes of platinum jewelry are lower, which is why manufacturers slightly inflate the cost of such products.

Yellow gold from a pure alloy (999 purity) is extremely rarely used to create jewelry. This is due to the physical properties of the material, which make it impractical for daily wear. To improve strength, silver and copper are added to gold. Depending on the amount of impurities, the shade of gold changes.

The “companions” in the white gold alloy are palladium, platinum and nickel. Gold with platinum is an elite alloy, characterized by wear resistance, hardness, special shine and impeccable color. White gold with palladium is characterized by a slight yellowish tint, and the alloy with nickel is prohibited for sale in many countries due to a possible allergic effect on the skin.

The price of gold depends on the alloy, not the color. In addition, the cost is affected by the complexity of processing. Due to the high melting point of the platinum metals that are added to white gold, it is significantly more difficult to process than yellow gold.

Special properties of platinum

Platinum is capable of absorbing oxygen, hydrogen and some other gases on its surface. The metal enters into a full chemical reaction only with hot aqua regia - a mixture of concentrated nitric and hydrochloric acids.

Microparticles of white metal can penetrate the cells of the body and affect vital processes. One of the special abilities of platinum is its ability to destroy free radicals that accelerate aging. It is believed that metal also reduces the risk of developing cancer.

Platinum mining

It is almost impossible to find absolutely pure platinum in nature. It is mainly found in various ores - polyxene, cuproplatinum, compounds with antimony, arsenic, sulfur, etc. These ores are mined by closed and open methods.

For most placer deposits and some primary deposits, only the open method is available. The development of most indigenous sources is carried out in a closed way.

As a result of wet concentration, raw concentrate is obtained - a concentrate with a high content of metals, which is subsequently sent for refining.

Applications of precious metal

Before the Second World War, about 50% of platinum was used in jewelry, and today almost the entire volume of metal goes to the development of industry and science. This is explained by the special physical and chemical properties of the material - acid and heat resistance, constancy of characteristics during ignition, etc.

Platinum is used to make cups, crucibles, blades, electrodes, filters, spoons, glasses, and tips. The largest consumers of white metal are the oil refining and chemical industries. Platinum is one of the best catalysts for the oxidation of ammonia to nitrogen oxide NO in the production of nitric acid. Platinum catalysts also speed up many other important chemical reactions.

The automotive industry uses the catalytic properties of the metal, which helps neutralize exhaust gases. In addition, platinum is used in the production of:

permanent magnets;
galvanic coatings;
insoluble anodes in electroplating;
heating elements of resistance furnaces;
electrodes for the production of perchlorates, perborates, percarbonates, peroxodusulfuric acid.

In medicine, non-oxidizing surgical instruments are made from white metal. And drugs containing platinum are used in chemotherapy for the successful treatment of tumor processes.

Source: https://zoloto21.ru/stati/kakoj-dragocennyj-metall-dorozhe-platina-ili-zoloto/

What is more expensive, platinum or gold, and why? :

What is more expensive, platinum or gold? The cost of these two metals depends entirely on the production technology, the industry in which the substances are used, as well as their function in the economic process. Based on such noble elements, alloys are created that are used in completely different industries. But as a rule, they are most often used in jewelry.

History of the discovery and use of noble metal

An interesting fact should be noted. In the 16th century, when gold was found in Colombia, another type of “solar” element that resembled silver was mined along with the placer metal. It was impossible to clean these particles from platinum. Translated, this word means “bad silver.”

For quite a long time, it was difficult to find a use for this chemical element, since it was impossible to process it due to the lack of special technologies. And only in 1780 this metal was called the most reliable and unchangeable among those worthy of kings.

Coin issue

Soon the first platinum coins were officially issued. Gold, copper and alloy were added to the alloy. Their share was quite large.

Due to the properties of both physical and chemical, counterfeit coins were created that could easily be passed off as originals. Platinum in real and counterfeit coins differs in density, which can be easily calculated using hydrostatic weighing. It should also be noted that such money, as a rule, can be magnetized.

The first official issue of coins took place in the Russian Empire. They were in use from 1828 to 1845, they were minted from Ural platinum. At that time, this material had not been purified from iridium and palladium.

At the same time, a new chemical element was discovered in Siberia, which made it possible to use the unrefined alloy. Simultaneously with the minting of coins, wire, medals, cups, and so on were created from platinum. However, at that time they were quite expensive, so they did not enter people’s everyday lives.

But even then the question arose about what is more expensive, platinum or gold, and why.

Basic properties of jewelry platinum

In order to understand the cost of these materials, you need to learn about the properties of platinum. This element is used to make jewelry. It is distinguished by the fact that it can easily withstand deformation, mechanical influences, and reagents. The material is as flexible and stable as possible. That's why he found his place in the jewelry business.

At the moment, platinum is quite widely used in the creation of jewelry. It is often used to add to alloys as a alloy component. The melting point of this element is about 1700 degrees Celsius, and if we talk about hardness, then on the Mohs scale it reaches 4.3.

Notable nuances

How much more expensive is platinum than gold? This is a rather interesting question, the answer to it depends on many factors. For example, sometimes about 5% of this substance is added to the noble metal. Thanks to this solution, gold becomes white.

A similar composition refers to the 950 sample. It is highly valued and also extremely durable. When metal is mined, platinum group metals are simultaneously extracted from it. These include substances such as palladium, iridium, osmium, ruthenium and others.

At the moment, platinum jewelry is considered to be those that are the most reliable. They give confidence and speak of good taste.

Accordingly, platinum is often used as a setting for diamonds. Due to this, the play of stones becomes simply magnificent. All the advantages of this metal are combined with the most important disadvantage. We are talking about a high price. A product made of platinum has no alternative both in terms of strength and beauty, and accordingly, the financial side leaves much to be desired.

White gold

Trying to explain what is more expensive, platinum or gold, it should be highlighted: at the moment, the most popular products are those made from white metal. That is why platinum and similar gold coated with palladium are now in great demand on the market. Of course, if we are talking about precious metals, they will always find application in the financial side.

White gold is an alloy that is created from silver, nickel, palladium and other alloy components. It should be noted that some products containing nickel are allergens. That is why they are often replaced by platinum. This material does not cause any such reactions.

White gold can be produced in 500, 585 and 750 samples. It has a soft structure and a warm color tone. The latter depends on the alloy. The cost per gram starts from 2 thousand rubles and ends at around 6500. This metal is more expensive than gold and platinum, as a rule, by several thousand.

To make such a product as similar as possible to platinum, it is plated with rhodium. Due to the fact that the jewelry has a metal film, it is protected from damage longer, and the quality of the product itself remains at the highest level for a long time. However, with active use, this coating wears off, and accordingly the decoration looks worse. In order to get rid of this problem, it is necessary to reapply this spraying.

Areas of application of platinum

Quite a pressing question: what is more expensive, platinum or white gold? In order to answer it, you should also find out where exactly this material is used. Let's talk directly about platinum.

Today it is widely used in many areas, including the creation of jewelry, as well as automobile catalysts. Platinum and other elements of this chemical group are often used in technology. This is due to the strength indicator, which is quite high. Equipment and utensils are often made from such metals.

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They are resistant to acidic environments. If we talk about chlorination, platinum is often used as a catalyst. It can also often be found in the pharmaceutical industry. In order to create paints and gasoline, the described material is also used.

Due to the fact that technology does not stand still and continues to develop, prosthetics and crowns are currently being created from platinum.

If we compare mirrors that have an aluminum coating and a noble metal coating, then in principle it is impossible to notice any visual differences. However, using platinum, you can create a transparent type of product. Such mirrors are used in casinos and also by the police.

Peculiarities

Accordingly, the scope of application of the precious metal is quite extensive. There are no analogues for such material in the aviation industry, as well as in the creation of power equipment.

Therefore, answering the question of why platinum is more expensive than gold, these aspects should be highlighted. The uniqueness, difficulty of extraction and beauty make this substance irreplaceable.

However, it is worth noting that in institutions such as Sberbank, the cost of precious metals may be completely different. Everything depends on the economic component.

Formation of the cost of precious metals

Now we should talk about what is more expensive, gold or platinum. Sberbank and some other banks set a different cost rate, which is based on various characteristics. That is why the price in such institutions should be discussed separately.

For now, let’s look at cost in the jewelry industry. It should be noted that platinum is still more expensive. It depends on many factors that are most closely related to the economy. It should be noted that events carried out in the state also affect the cost of such metals. Therefore, platinum may be more expensive in one country and cheaper in another.

For example, when during the Moscow Olympics special chervonets were issued from the described material, their price increased as much as possible, but all state reserves were created on the basis of gold, and accordingly the cost of this material is more expensive.

In the market, the position of platinum is unstable and uncertain, so gold is used as a financial instrument that is considered stable.

The reasons why platinum will be more expensive should be highlighted separately. At a minimum, to obtain an ounce of the described element, you need to process about 10 tons of ore material. It should be noted that for gold this figure is 3 times less. The cost of production is as high as possible.

In order to process this material, it is necessary to create special temperature indicators. The density of jewelry is quite large, which is why the cost of jewelry will differ depending on the volume of material. It should also be noted that platinum is practically not found in mineral formations; it does not exist in native form.

Market value and price in the jewelry industry

In the jewelry field, the demand for this metal is gradually increasing, so in this field the material described is often more expensive than gold. Some samples have a high platinum content in the alloy. It should be noted that such a product will have a large amount of ligature.

If we talk about gold, there are some compositions with similar components, and there are jewelry only containing such elements either in 20% or 40% form. If we talk about the sample, then these are 750 (1800 rubles per 1 gram) and 585 (1400 rubles per 1 gram), respectively.

Speaking about market value, we need to clarify why gold has become more expensive than platinum. This depends not only on physical and technical parameters, but also on the economic characteristics of the entire state.

Jewelry that is 950 platinum (per 1 gram from 5 thousand to 9 thousand rubles) and 985 gold do not differ at all in price. This is due to characteristics and other indicators. These products are considered the most popular. Therefore, when answering the question of why gold is more expensive than platinum in Sberbank, you need to remember the economic nuances.

Source: https://www.syl.ru/article/369886/chto-doroje-platina-ili-zoloto-i-pochemu

፠ What is more expensive: gold or platinum?

The pricing of precious metals such as gold, silver or platinum depends on several factors. One of them is how much of a particular metal is contained in natural reserves. For example, if we consider platinum, its production is three times less than gold. In theory, it should cost three times more. But is this really so?

Today the price of platinum is lower than gold. How is it that a rarer metal has become cheaper? To answer this question, it is necessary to consider all the options for using platinum, as well as take into account the historical factors that influenced the formation of the price of platinum.

What is platinum and where is it used?

Platinum is the strongest metal, has a silvery-white color, melts only at a temperature of 1768.3 °C, and enters into a chemical reaction only with aqua regia. Thanks to these and some other properties, platinum has found its use in medicine, industry, coin production and much more. In St. Petersburg, for example, today a 1 kg standard made of platinum is stored.

Jewelers also did not remain indifferent to the rare metal. Platinum is used in jewelry and white gold. Some of the most expensive diamond jewelry is made from platinum.

Because platinum is a very durable metal, it is the most reliable cut for diamonds. The stones are firmly held inside the precious item.

The white-silver color of platinum does not affect the stone in any way. But gold transmits a warm and soft light to a diamond. Platinum allows you to see the stone’s own play, which is not influenced by metal.

Engagement ring - gold or platinum?

Engagement rings are bought to last a lifetime. It is not removed when working, cooking, washing hands, doing laundry, etc. It is this symbol of fidelity that is most susceptible to scratches and other mechanical damage. But you want it to always shine and not lose its appearance.

Gold is a common choice for engagement rings. But platinum rings will last much longer than gold ones. Platinum is not afraid of scratches or chemical reagents. Whether your platinum engagement ring is standard smooth, set with diamonds, or engraved, with simple care it will still look like it was just bought 60 years from now.

Will a platinum engagement ring cost more than a gold ring? Will. Gold is more expensive than platinum when you look at the two metals in scrap condition. And platinum is more expensive than gold if jewelry is made from it. This is due to the fact that this precious snow-white metal is much more difficult to process. Also with the fact that the appearance of this product will be rated by connoisseurs an order of magnitude higher than a similar one in gold.

Platinum and white gold

We already know that platinum is used as an additive to produce white gold. In addition to platinum itself, palladium is often used - a softer and more flexible metal. To produce white gold, 1 part of platinum or palladium is enough to obtain a unique shine.

Will a product with platinum be more expensive? It depends not on what is in the gold, but on its sample, the work of the master, inlay and much more. If you read our article about white gold, then you already know that not only platinum or palladium, but also nickel is added to it for color.

So, the latter metal causes allergies, so they try not to use it in alloys. But palladium and platinum do not cause any allergic reactions.

A piece of jewelry made from platinum will always cost more than gold also because the gold jewelry contains 585 parts of the metal itself (if we take 585 samples), but platinum contains 95 parts of the precious metal - 950 samples.

It is clear that with approximately the same price for the metal, the cost of the same ring will be more expensive if it is made of platinum. In addition, platinum itself weighs a quarter more than gold for the same volumes.

If you are not a jeweler, then you will not be able to determine whether the item in front of you is platinum or white gold. Only a test can tell you what is in front of you - platinum or gold. In addition, it is difficult to distinguish platinum from silver at first glance. Do you want to choose platinum jewelry? Buy only from trusted stores or jewelers you trust.

Why buy platinum when you can buy white gold or silver jewelry and it will be cheaper?

Because platinum is forever. Its main properties:

the most durable metal;
high purity of platinum, does not cause allergies;
emphasizes the shine of a precious stone - a diamond;
does not oxidize, does not react to high temperatures.

In a product, especially with precious stones, platinum looks royal. It goes perfectly not only with a diamond, but also with pearls, including black, emerald and other stones. At the same time, it emphasizes the natural color of the stone and does not interrupt its play.

A little history

The first mention of the unknown metal platinum dates back to the 16th century. Gold miners found it, but because they couldn’t melt it, the platinum was simply thrown away. The metal resembled silver in appearance. And since they couldn’t do anything with it, that is, with her, with platinum, at that time, it was called rotten silver.

Historians have found mention of platinum in the writings of Ancient Egypt. Since 1735, platinum was banned from being imported into Spain, and in Colombia it was completely drowned in the river. For the first time, it was used by the Spanish authorities themselves to produce coins, or rather, to counterfeit them.

But Russia became the first to mine platinum on an industrial scale. It was discovered in the Urals at the beginning of the 19th century. Platinum was mined in huge quantities, but since they did not yet know how to process it, all the precious metal was sold to France and America. It was there that they found a way to make it pure by separating the impurities.

If not jewelry production, then what?

Platinum is a hypoallergenic metal. It is completely resistant to corrosion, does not enter into chemical reactions, does not oxidize and is very refractory. These important properties quickly found application in medicine.

Interesting fact. Platinum can penetrate cells in the form of nanoparticles without causing pain. But most importantly, it eats up the free radicals that accompany aging. Perhaps in the future, an elixir of youth will be created from it.

Today, platinum is used to fight cancer and also treat heart disease. Dentists are not far behind - crowns made of platinum are the most durable, in addition, implants are made from it, which are best accepted by the body.

Interesting fact. Each police series has a special mirror through which the progress of the interrogation is monitored. There are such mirrors in our country - identifications are carried out through them, etc. So, these mirrors are durable glass coated with platinum.

On one side there is ordinary glass, on the other there is a mirror.

Oil production and electroplating. Here platinum is used in coatings, magnets, for the production of anodes and much more.

Platinum has the ability to accelerate chemical processes associated with nitrogen, which industrialists successfully use.

Everything related to platinum and production costs a lot of money. How much is platinum actually worth?

Investing in platinum

The extraordinary properties of the metal, the low supply of natural resources, the difficulty of processing, the purity of the metal - it would seem that all this plus a small supply should be enough for the price to increase many times over. But, unfortunately, it is impossible to predict the price of this particular metal.

The price of platinum on the gold and foreign exchange market constantly fluctuates. The price of platinum can soar very high and immediately fall much below the level at which it was located.

And gold today is valued more than platinum, if only because it is in it that the gold and foreign exchange reserves are valued. It is a measure of wealth for most Asian countries. Remember India, where the more gold jewelry, the richer the bride or groom.

What is gold? Power, wealth, reliability. But few people invest in platinum. And this happens precisely because of the instability of its production, as well as a lack of understanding of its real need.

As for jewelers, few people prefer to work with complex metals, choosing gold for themselves. Only the most advanced jewelry factories produce exclusive precious items with diamonds in platinum.

Source: https://xn----mtbechcrdba9adf6a.com/news/chto-dorozhe-platina-ili-zoloto.htm

What is more expensive, white gold or platinum?

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Question for experts: What is more expensive, platinum or white gold?

Best regards, Aries Greek ;(

Best answers

This is a question to which there is no clear answer. White gold can have different compositions. It may contain different metals. But let’s take the highest quality white gold consisting of 75% gold and 25% platinum, then taking into account the exchange price of gold at $1200-1300 per ounce and platinum at $800-900 per ounce, the cost of white gold will be higher than the cost of pure platinum. But I don’t know how they will cost in jewelry, this is a different market with different pricing.

White gold. Platinum is currently cheaper than gold.

answer

This video will help you figure it out

Answers from experts

Platinum is the most expensive of the noble metals, although its value was not immediately recognized by humanity. It was discovered in Colombia in the 16th century. Spanish conquerors extracting gold from placers.

Sometimes gold was found in combination with gray grains of an unknown metal, which could not be separated due to its high refractoriness, and such gold was considered rotten. The unknown metal, due to its external resemblance to silver, was called platinum, which translates as silver, bad silver.

In order to preserve the prestige of Spanish coins, there was an order to destroy all collected platinum, and for 43 years, officials, in front of witnesses, dumped it into the waters of deep rivers.

Another source says that the ancient Egyptians and Inca tribes highly valued platinum. It is known for certain that Louis XVI declared that platinum was the only metal worthy of kings.

Platinum is a malleable metal of silvery-white color, with a grayish tint. Density 21.4 g/cm3; to melting 1773.50 C; hardness on the Mohs scale 4.3. Pure platinum is soft. In nature, platinum is found in the native state and in ore deposits.

Nicknamed the “Queen of Metals,” platinum has enormous density (almost twice as dense as gold).

In addition to the fact that platinum is the most durable of all metals used in the jewelry industry and is not easy to scratch, it also has a high melting point, and has high anti-corrosion properties and withstands chemical reagents.

By the end of the 18th century, platinum came to symbolize reliability and immutability. It was increasingly used by jewelers, since it is stronger than gold, and its thin setting reliably holds diamonds, does not distort their color, and enhances their shine. Yellow gold settings, for example, can sometimes add a subtle yellowish tint to a colorless or nearly colorless diamond, causing it to take on a coloration that detracts from the apparent value of the stone.

In 1821, platinum placers were discovered in the Urals near the Upper Neiva River. Local hunters have long used these silvery grains instead of shot. At the beginning of the 19th century, Russia accounted for about 95% of the total amount of platinum mined in the world.

The first products made of Russian platinum were a ring and a teaspoon presented to Alexander I. Since 1828, platinum three-ruble coins weighing 10.3 g began to be minted, which were called platenniks or Ural chervonets.

Platinum received reliable unlimited sales; Platinum fever began.

The study of platinum led to the discovery of several metals that accompany it in nature and are collectively called platinum: palladium, rhodium, osmium, iridium, ruthenium.

In medicine, platinum-iridium electrodes are used to support the cardiac activity of patients with angina pectoris. In oncology, a special platinum complex is used to help reduce tumors. Due to its purity, platinum does not irritate the skin, since, unlike some other metals, it does not contain allergenic impurities.

Platinum plays an indispensable role in the production of standards in Russia. The kilogram standard (a platinum-iridium cylinder with a height and diameter of 39 mm), made in 1883, is kept in St. Petersburg. A platinum-coated mirror on the illuminated side reflects like an ordinary mirror, and on the shadow side it is transparent, like glass. Such mirrors are used for covert surveillance in casinos and the police.

Chemically pure platinum corresponds to 1000 metric or 24 carat standard. The 999.9 purity is for commercial platinum. Platinum products contain 950 purity.

Today, platinum is a symbol of confidence and respectability. In Europe, a number of leading companies, including Cartier, have been working with this eternal metal for decades. More and more newlyweds are choosing platinum wedding rings. Currently, global demand for platinum exceeds supply.

There is less of it in nature and in my opinion it has better properties. White gold!

THIS IS INTERESTING: How much copper is in brass

because the word platinum is coined from the word pay

1. Less in nature2. production is more complex and harmful.3. A lot of platinum is consumed by the chemical industry and the automobile industry as catalysts. The count goes into tens of tons.

who needs gold?

Platinum is a precious metal, less malleable and ductile than gold and silver. It is less common in nature than gold. It is rarely used in jewelry because it does not have such a beautiful appearance as gold. It is 3 times harder than iron, resistant to oxidizing agents and alkalis. Widely used in technology.

Platinum hasn't always been expensive. In the 19th century, it was generally valued almost like silver. And only with the use of platinum in chemical technologies, its value increased many times.

Don't talk nonsense. The man asked a specific question! Platinum is as many times more expensive than gold, and how many times more complex and expensive the cost of producing 1 kg of platinum is than 1 kg of gold.

For the same reason, copper is more expensive than iron, and nickel is more expensive than copper. Everything is determined by the costs incurred by the production of this metal.

Indeed, there is less platinum in nature, and production costs are higher. But there is a global balance center in London, LME, where everything SPENDED in the production of gold, platinum, rhodium, and palladium is recorded. And the trend towards an increase in prices for metals or a decrease in them is also recorded there.

you can look here:kopilo4ka m/for-which-they-appreciate-platinum-8547/

in detail and in detail on this topic.

Why is platinum more valuable than gold? Platinum is the most expensive of the noble metals, although its value was not immediately recognized by humanity. It was discovered in Colombia in the 16th century. Spanish conquerors extracting gold from placers. Sometimes gold was found in combination with gray grains of an unknown metal, which could not be separated due to its high refractoriness, and such gold was considered rotten.

The unknown metal, due to its external resemblance to silver, was called platinum, which translates as silver, bad silver.

In order to preserve the prestige of Spanish coins, there was an order to destroy all collected platinum, and for 43 years, officials, in front of witnesses, dumped it into the waters of deep rivers. Another source says that the ancient Egyptians and Inca tribes highly valued platinum. It is known for certain that Louis XVI declared that platinum is the only metal worthy of kings. Platinum is a malleable metal of silver-white color, with a grayish tint. Density 21.4 g/cm3; to melting 1773.50 C; hardness on the Mohs scale 4.3. Pure platinum is soft. In nature, platinum is found in the native state and in ore deposits. Nicknamed the “Queen of Metals,” platinum has enormous density (almost twice as dense as gold).

It was increasingly used by jewelers, since it is stronger than gold, and its thin setting reliably holds diamonds, does not distort their color, and enhances their shine. Yellow gold settings, for example, can sometimes add a subtle yellowish tint to a colorless or nearly colorless diamond, causing it to take on a coloration that detracts from the apparent value of the stone.

The study of platinum led to the discovery of several metals that accompany it in nature and are collectively called platinum: palladium, rhodium, osmium, iridium, ruthenium. In medicine, platinum-iridium electrodes are used to support the cardiac activity of patients with angina pectoris. In oncology, a special platinum complex is used to help reduce tumors.

Due to its purity, platinum does not irritate the skin, since, unlike some other metals, it does not contain allergenic impurities. Platinum plays an indispensable role in the production of standards in Russia. The kilogram standard (a platinum-iridium cylinder with a height and diameter of 39 mm), made in 1883, is kept in St. Petersburg. A platinum-coated mirror on the illuminated side reflects like an ordinary mirror, and on the shadow side it is transparent, like glass. Such mirrors are used for covert surveillance in casinos and the police.

Chemically pure platinum corresponds to 1000 metric or 24 carat standard. The 999.9 purity is for commercial platinum. Platinum products contain 950 purity. Currently, global demand for platinum exceeds supply.

Silver has long been considered the next most valuable metal after gold. It was widely used in jewelry and coin making. Today, silver continues to be in demand, especially in combination with natural stones.

Silver is classified as a noble metal due to its non-oxidization under normal conditions, its beautiful white color and shine when polished. Silver density 10.49; melting temperature 960.50C; hardness 2.7 on the Mohs scale. Silver has high malleability: plates up to 0.00025 mm thick can be forged from it, and 1800 m of wire can be drawn from 1 g.

These properties have made silver an important raw material for jewelry making and coinage.

It all depends on the distribution in nature and the difficulty of extraction. The rarer a metal (or other substance) is found in nature, and the more difficult it is to mine, the more expensive it is.

determined by the degree of smuggling risk :))

The cost is determined by demand. And as a rule, the cost is several times higher than the price of production and processing combined... For example, diesel fuel used to cost a penny compared to gasoline... Now they have begun to produce more cars with diesel engines, and diesel fuel has begun to cost even more than gasoline... Same with precious metals... they will say that there will be inflation - everyone will rush to the shops - demand will increase - they will raise the price

Source: https://dom-voprosov.ru/prochee/chto-dorozhe-zoloto-beloe-ili-platina

What is more expensive, gold or platinum: comparison and properties of metals, history of appearance and price formation

Often people try to compare what is more expensive, gold or platinum. The task is not easy, since the price of the precious metal depends on manufacturing technologies, its quantity in the country, as well as on the functions that it will perform. The list of places where gold and platinum are used is very extensive, but the main use is in jewelry.

The history of platinum

Gold was first discovered in the 16th century in Colombia. But few people know that another metal was born along with it. It visually resembled silver, and was not yet amenable to any processing method known at that time.

Without thinking twice, people dubbed it “bad silver” and wrote it off as scrap. But in 1780, this type of metal was recognized as the most reliable and durable, worthy of kings. Platinum coins came into use quite quickly. The alloy was not pure. It included gold, copper and alloy. The share of such a banknote turned out to be very significant. Of course, the scammers immediately began conducting their experiments, producing fakes.

It was possible to distinguish a fake using hydrostatic weighing. The scammers' money was magnetizable.

In the Russian Empire, the issue of coins from the metal of kings lasted from 1828 to 1845. The material was mined mainly in the Ural mines. The craftsmen did not purify it, so it still contained iridium and palladium.

At the same time, they launched the production of wire, medals, cups and other items for which metal was at least somewhat suitable. Of course, this could not continue for long. Platinum deposits are not only scarce, but also require enormous efforts to produce and further process the metal. All this was very expensive for the state, and therefore popularization did not happen.

But already then the first prerequisites appeared to begin to compare the prices of gold and platinum.

People's difficulties in processing platinum are explained by its increased resistance to mechanical stress and a large number of chemical reagents. Now this is no longer a minus. On the contrary, jewelers love this metal because it makes expensive and durable jewelry. In addition to this application, it is also regularly added to other alloys as an alloy component.

The melting point is 1700 degrees Celsius, and the hardness parameters on the Mohs scale are 4.3.

In parallel with this, platinum group metals can be extracted:

osmium,
ruthenium,
iridium,
palladium.

Another example of the use of platinum is adding it to a gold alloy. Only 5% of the royal metal content is enough for the result to be called white gold. This is 950, and many people know how highly platinum gold is valued around the world.

When choosing a material for setting diamonds, any experienced jeweler turns his attention to the metal that is already well known to us . It turns out that it does not have a single significant drawback, except for the enormous cost.

Features of white gold

This alloy is of particular value. It is made from many alloy components, one of which is platinum. Sometimes they can try to change it to nickel, but this option is bad because it often causes allergies in the lucky owner of the jewelry.

The alloy is soft, the color shade depends on the sample . The cost of one gram starts from 2 thousand rubles and ends at 6500. The difference in the price of such products and those made from pure gold and platinum remains consistently at around several thousand.

It is impossible to say for sure what is more expensive, platinum or white gold, since the price of the latter always fluctuates due to changes in the standard.

The manufacturer tries to make the alloy visually similar to platinum. To do this, it is coated with rhodium coating. The new coating not only has a decorative purpose, but also protects the decoration from mechanical damage. However, with active use, the coating wears off sooner or later, which is why a beautiful thing loses some of its charm.

But this can always be corrected by repeating the metal dust coating process.

Areas of use

Platinum has a wide range of uses:

Platinum is used in the manufacture of automobile catalysts. It is often included in small parts necessary for the normal operation of equipment.
It is used when it is necessary to make an object less resistant to acid attack. Pharmacology also respects this metal, periodically using it in its research.
Platinum is necessary in the manufacture of gasoline and paint. Some dentures and dental crowns are also made from it. This is a very good solution, given the strength of this material.
You could also often see mirrors in films and TV series, through which you can see the entire room from the back, but from the outside they look like the most ordinary ones. And here the secret is precisely in the platinum coating.
In the field of aircraft modeling and manufacturing of power equipment, there are simply no analogues to replace this material.

But this does not always determine its value. The rate for precious metals at Sberbank can be surprising in its unpredictability, since it is already based on the economic component, and it is influenced by too many factors.

Pricing

In the jewelry industry, the value of platinum is more than that of gold. This is an average, since some countries have different policies for the extraction of precious metals, and therefore prices may vary there.

For example, during the Moscow Olympics chervonets made of platinum were issued. The price of the material soared very high , given that all government reserves were stored in gold.

The last fact is extremely important. The stability and reliability of gold on the market leads to the fact that people prefer to invest in it rather than in other metals.

It should also be noted that the process of extracting royal metal is much more complex than any other. To get just 1 ounce, you need to process 10 tons of ore.

For gold, this figure is three times less, and demand and price are always stable.

Thus, we can verify that platinum is rarer, the cost of its production is much higher, and it is periodically required in various highly specialized fields of activity. All this influences the fact that its value is significantly higher than the cost of gold. Comparing platinum and gold does not lead to useful results, because they do not compete with each other, but rather complement each other.

Source: https://meteo-by.ru/tipyi-kamney/dragotsennyie-metallyi/chto-dorozhe-zoloto-ili-platina-sravnenie-metallov

What is more expensive - gold or platinum, their price today

Gold and platinum are the most expensive precious metals. Cost formation is influenced by two main factors – production volumes and demand.

Platinum is much less common in nature, with total global production of about 100 tons per year, approximately 80% of which belongs to South Africa. In addition to South Africa, only five countries have their own reserves: Russia, the USA, China, Zimbabwe, and Canada. However, the demand for it also cannot be called very large.

Annual gold production is approximately 3,000 tons, which is significantly more, but the demand for the yellow metal is much higher. Most of it is used to make jewelry, replenishing government foreign exchange reserves.

This is useful to know: The cost of palladium - what are the prospects

There is no clear answer to the question of what is more expensive: gold or platinum; quotes can be described as a game of catch-up, first one goes ahead, then the other. Having studied the trends of recent years, you can see that the palm is increasingly going to gold. However, there are some nuances that should be clarified.

There is a huge difference between the value of bullion and jewelry. Let's look at everything in order.

One of the most reliable and reliable sources of information about quotes is the Central Bank of the Russian Federation. Informers display the current price for today, the data is updated daily, synchronously with the main financial institution of the country.

Platinum rate of the Central Bank of Russia

CENTRAL BANK OF RUSSIA

Price

(21.01.20) price in rubles per 1 gram

By comparing these two figures, you can easily determine which is more expensive. However, one should not make hasty conclusions. Bank bullion is a currency and a good investment tool. If we consider jewelry production, then everything will not look so simple.

Cost of platinum jewelry

This is where the fun begins - only high-quality 950 alloy is used to make jewelry. pure metal - at least 95%, that is, there are practically no impurities, and those that exist are mainly noble palladium.

To determine its real value, it is necessary to multiply the Central Bank data by 0.95. We get a price that differs very slightly from the purity in bank bullion. Therefore, platinum is used to produce luxurious, expensive products inlaid exclusively with diamonds and other precious stones. We can say that this is the elite of the world of jewelry.

Cost of jewelry gold

The standard values of gold hallmarks adopted by the Assay Chamber of Russia are 958, 750, 585, 500, 375. Products of 958 fineness, with a pure metal content of 95.8%, are extremely rare on store shelves. The most popular all over the world is alloy 585 (58.5% gold) or 14 K - the designation adopted abroad. If we multiply the data of the Central Bank of the Russian Federation by 0.585, we get the real price of such metal, which turns out to be almost two times cheaper than purity.

In this case, it turns out that platinum is more expensive than gold . If we add to this that it is not at all noble copper that is used as impurities, then it becomes clear who the loser is in such a comparison. Alloy 585 standard is used for mass production of jewelry intended for a wide range of consumers, in most cases, with synthetic stones.

Read: Swarovski rhinestones - the uniqueness of the brand

If you compare what is more expensive, then special attention should be paid to noble 750 white gold. Such an alloy is 75% pure, and the same platinum or palladium is added as impurities.

It gained its popularity at a time when platinum was almost twice as expensive (early 2000s), as a more affordable alternative. Visually distinguishing these two alloys is almost impossible.

In terms of their cost, they are now also very close; which alloy is more expensive depends on changes in quotes on world markets. Diamonds or other precious stones are almost always used for setting.

: Moissanite is the most successful diamond imitation

There is nothing to say about the cost of low-quality 375 gold; it is almost three times cheaper than 999.9 gold.

What is the difference between platinum and white gold?

As already noted, these two alloys are very similar in color and appearance. The main difference is the stamp of the assay office, which is different in shape and has different numbers on it. Gold standards are 375, 585, 750, 958, for platinum – 850, 900, 950. The symbols Pt 950 are written on imported products.

There are known cases of attempts to sell 875 silver as platinum. The mark of silver is similar in shape, it should be remembered that platinum does not have the quality standard 875. Also, such jewelry differs in color, silver is white, platinum is gray. However, modern manufacturers widely use rhodium plating to coat silver items. Rhodium is a metal of the platinum group, very similar in color and shine.

Source: https://999proba.com/chto-dorozhe-zoloto-ili-platina/