Overall, Platinum is considered 'better' as it's the most natural, purer, and most valuable metal in comparison to Yellow and White Gold. However, it depends on what you're looking for in your jewellery. Platinum jewellery is extremely valuable and that also means it tends to be more expensive.
Platinum is also usually more expensive than gold. Why is platinum more expensive than gold? More than 1,000 tons of gold are mined every year, but only a little over 150 tons of platinum are mined in a year. This scarcity makes platinum more expensive than gold most of the time.
Conclusion. Platinum is generally considered a safer option for holding diamonds and gemstones due to its superior strength, durability, and resistance to wear. It allows for secure settings that require less maintenance over time to keep stones safely in place.
Platinum is a very dense metal which means it has excellent resistance to wearing away. A wedding ring made in Platinum could be worn for decades and barely lose any thickness at all. The downside of Platinum is that it tends to lose its high polish and sharp edges fairly quickly.
Platinum is More Durable
Though both gold and platinum are strong and durable precious metals, platinum is the more durable of the two. This is a result of platinum's extreme density and chemical structure.
Gold is often considered a more stable investment because of its widespread use in jewellery, electronics, and as a financial asset. Platinum, however, is rarer and has more specialised industrial applications, particularly in the automotive industry for catalytic converters.
Is it worth buying platinum? If you're looking for an extremely durable, pure, rare metal than will stand the test of time, platinum is an amazing option. It will patina and mattify with time, but many people love this look - they feel it looks better and better as time goes on.
Platinum is more difficult to work with, and often needs a jeweller with experience to produce a good job. Therefore, the labour cost is roughly 20% more than with white gold. Platinum can not be re-used and re-melted like white gold. Therefore, any scraps and filings must be sent to a refiner which is very expensive.
Durability : Platinum is incredibly durable, capable of withstanding the wear and tear of everyday life. Its resistance to scratches, corrosion, and damage makes it an ideal choice for engagement rings. Rarity : As a rare metal, platinum holds significant value and exclusivity.
Is platinum a good investment? Platinum's rarity and hardness compared with gold ensure it is recognised as the world's premier jewellery metal. Demand for platinum is also high for its use in many high-volume industrial applications, such as the manufacture of fertilizers, petroleum and fibreglass.
Gold is traded more actively, which means it has higher liquidity and can be easier to buy and sell. Platinum, on the other hand, is currently less expensive than gold. Again, the most suitable investment choice for you depends on your situation and investment objectives.
“Although platinum is rarer and generally considered to be more valuable than gold, its resale value is less stable, and fewer shops are willing to buy it back. More so, because the cost of platinum is far less stable than gold and silver.”
Culturally, there is a hierarchy amongst the precious metals which roughly translates into their material value. At the top of this tree sits platinum, the shiny white metal which is recognised globally as an even higher symbol of quality and value than gold.
Gold Vs Platinum Long-Term Value
Gold also retains its value and is relatively easy to sell, but platinum typically has a higher resell value due to its rarity and resistance to tarnishing. Platinum does not lose any of its metal when scratched; it retains all its weight.
Platinum offers lasting durability and a naturally bright finish, while white gold requires periodic re-plating to maintain its lustre. Both metals beautifully showcase diamonds, so the decision comes down to lifestyle and maintenance preferences.
Pure gold is 24K and has a bright yellow color. Pure gold is the most expensive: The lower the karat number, the less gold there is in the alloy, and thus the lower the price.
Furthermore Platinum is also hypoallergenic so it won't irritate your skin like some other metals might do. The Cons: The biggest downside of platinum is its price tag –it can cost up to five times more than gold jewellery!
Even though platinum is extremely durable, you still need to be careful with your rings to keep them looking their best – they are not invincible. You should also consider removing your platinum ring whilst showering or bathing, as too much exposure to hot water can dull the natural shine of your ring over time.
Platinum is unaffected by air and water, but will dissolve in hot aqua regia, in hot concentrated phosphoric and sulphuric acids, and in molten alkali. It is as resistant as gold to corrosion and tarnishing.
Extraction is challenging. Platinum is seldom found in isolation - more usually it's found alongside other base metals such as nickel, copper and chrome. Deposits discovered underground must be refined before they can be considered pure; the complexity of this process makes platinum extremely rare.
Both white gold and yellow gold are high quality metals for your jewelry. However, they do differ significantly in strength. Thanks to its higher content of alloys, white gold jewelry is more resistant to dents, scratches, and damage than yellow gold. For highly active wearers, white gold might be a safer choice.
Although both platinum and gold are both strong precious metals, platinum has a durability advantage. Platinum is a 'sticky' metal – it does not wear away. When you scratch platinum the metal is just displaced and does not flake off.
Platinum jewelry will be marked with the following. PT or PLAT followed by: 850 – 85% Platinum. 900 – 90% Platinum. 950 – 95% platinum.
Pure platinum is hypoallergenic, meaning that it hardly ever causes skin irritation. In one study of 446 people, only two had any reaction to platinum. Because most platinum jewelry alloy metals are 95% pure, you shouldn't have any problems wearing platinum, even if you have sensitive skin.
Whether or not platinum is a good investment depends on your individual financial goals and risk tolerance. If you're looking for a way to diversify your portfolio with a metal that has both industrial significance and growth potential, platinum could be a valuable addition.