Why platinum costlier than gold

The ability to withstand wear and tear makes it ideal for everyday jewelry, such as an engagement or wedding ring. Although similar, there is a discrepancy between the appearance of white gold and platinum bands — platinum has a more silver finish, whereas white gold appears grey and sometimes duller.

Platinum is also considered hypoallergenic. For those with nickel allergies, platinum is a safer option than gold as nickel is often one of the white metals alloyed with yellow gold when producing white gold.

Although platinum is prone to scratches, they can be polished out, although this may make the metal thinner and weaken the prongs. Vintage jewelry-lovers may appreciate the charm of a slightly worn piece for its antique feel. White gold is currently the most popular precious metal for engagement and wedding rings due to its visual likeness to platinum, without the price tag. White, rose and yellow gold are all strong and damage-resistant, aside from needing the occasional polish.

Despite both metals being durable, white gold may be the better option to protect diamonds or gemstones as it is often mixed with hard and plated with rhodium, giving the ring additional luster and protection. Only tons of platinum can be sourced annually, whereas on the same scale, approximately, tons of gold are mined.

Looking at how platinum is rarer than gold, the cost of this metal is compelled to be higher compared to gold. Platinum is said to be denser than gold. Precious metals are sold by weight, and so the volume of one ounce of platinum is smaller than one ounce of gold. In conclusion, the choice between the two metals will boil down to one thing — preference, but hopefully, with our pointers, a more conscious choice can be made.

You can decide the best metal that suits your style. We at GemsNY have a huge variety of jewelry to choose from in both platinum vs gold 14k and 18K among Click here to explore more. Found happiness in expressing through words, a secret poem writer, a bibliophile, loves following her passion for writing!

Purity The cost per ounce of platinum and gold is based on pure metals. Rarity Platinum mines around the world are lesser compared to gold mines.

Density Platinum is said to be denser than gold. We at GemsNY have a huge variety of jewelry to choose from in both platinum vs gold 14k and 18K among Click here to explore more Total. Arabel Lebrusan is a leading artist, award-winning jewellery designer and key founder of the ethical jewellery movement. Designed by her and skilfully fashioned by the most experienced craftspeople in the industry, a bespoke Lebrusan Studio heirloom tells a unique story of stunning design, exquisite craftsmanship and beautiful ethics.

With over fifteen years of experience in jewellery design and a long list of accolades under her belt, Arabel Lebrusan is a multifaceted artist who specialises in creating timeless pieces of jewellery that will be cherished by generations to come. Her pieces encapsulate traditional artisanship, beautiful ethics and a distinctive mix of cultural, historical and aesthetic inspirations.

Over gold, platinum has earned its reputation for a number of reasons. Whilst 1, tons of gold are mined annually, only tons of platinum are extracted. Platinum is also denser than gold, thus heavier. Because precious metals are priced by weight, platinum has long been the high-cost option in the context of buying jewellery. But why pay the price for a platinum ring when you could opt for exactly the same setting in white gold for half the cost?

Its density contributes to its respectable ranking of 4 - 4.