Why is platinum valuable? Why isn t platinum worth more?

Aside from the color, stability, purity, and density mentioned above, the main reason why platinum is more expensive than ** is that it has few reserves and a wide range of uses. The proven global reserves of platinum are only 10,000 tons, which is **5%; China's platinum reserves are less than 90 tons, and the annual mining volume is about two tons; Platinum has super good catalysis, and those who study chemical industry will definitely know that it will be used in automobile exhaust treatment, factory exhaust gas treatment, and nitric acid plants; Platinum is the main component of high-temperature thermocouple wire, which is inseparable from almost all high-temperature equipment; Platinum-based alloys can have high high-temperature strength, and are key equipment in the electronic glass and glass fiber industries. So you see, only a small part of it is used for jewelry, and the industrial use has caused the largest rigid demand for platinum, coupled with very small reserves, ** is naturally high.

Platinum is platinum, commonly known as white gold. But now, the Chinese people have a misunderstanding that white gold is called white gold. Especially the 18k white**, also called white gold, so you need to pay attention to it when buying.

The symbol of platinum is PT, generally, the more common ones on the market are PT990, PT950, PT900, and PT850, which respectively represent platinum with % purity. The most common is pt950,**, here in Shanghai is about 490 a gram, there will be a little difference across the country. **Purity is divided by k, generally 24k is considered pure gold, but gold is not red, so 24k generally refers to pure gold thousand pure gold, pure gold is a purity of not less than 990 thousandths**, thousand pure gold is a purity of not less than 999 thousandths**.

**The two are about the same, here in Shanghai is about 258 grams. Platinum is the most expensive because it is the rarest in the world*** and can only be mined in very few places globally (mainly in South Africa and Russia). If you poured all the platinum in the world into an Olympic-sized swimming pool, it wouldn't be deep enough to cover the instep.

Platinum is so rare and precious, 30 times rarer than **. <>

Here's why:

1. The reserves of low platinum in nature are very small, rarer than **, and it is the rarest in the world.

2. The reason why the lack of monetary attributes is regarded as a tool for value preservation and hedging by the common people is mainly because it is not only a symbol of wealth, but also an international currency with monetary attributes. Especially when inflation appears, people are more inclined to **** to avoid the shrinkage of wealth.

3. Platinum is different, it only has the best characteristics, and does not have the nature of international currency, and the international recognition of platinum is also low, so the value preservation attribute of platinum is far lower than **.

4. Platinum has a very high density and can remain as white as ever in extreme environments, and is often used to match with diamonds. As a jewelry, this is a major advantage of platinum, but this feature also leads to platinum's melting point, energy consumption and processing technology are higher than **, and its ** is naturally higher than **.

The processing of platinum is difficult, difficult to detect, and does not have a hedging function, resulting in worthlessness. 1. The processing difficulty is large, because the processing difficulty of platinum is relatively large, there will be more uncertain factors in the process of testing the purity of platinum, and the melting point of platinum is high, and it is more troublesome when recasting platinum **; Platinum has a high hardness, so it is not easy to modify the size of platinum jewelry after it is made into a finished product.

2. Difficult to detect, the reserves of platinum in nature are very small, rarer than **, the rarest in the world, platinum density is extremely high, and it can also maintain its whiteness in extreme environments, and it is often used to match the design with diamonds, so it is difficult to detect, and it is difficult to determine the authenticity and color of platinum. 3. It does not have a hedging function, lacks monetary attributes, platinum it only has the best characteristics, and does not have the nature of international currency, and the international recognition of platinum is also low, so the value preservation attribute of platinum is far lower than that of platinum, investors take high platinum, but it is very low, and the liquidity is poor, which is one of the main reasons why platinum does not maintain its value.