Is investing in platinum a good idea?

Platinum offers a unique investment opportunity, with strong merits to consider: Platinum’s precious underpin offers a low-risk entry for investors looking to buy into this investment asset. Platinum has a low correlation to the performance of traditional assets and performs well during periods of economic recovery.

Is platinum better than gold for investment?

In general, platinum is not a better investment than gold. Gold is more stable, more easily mined, and does not fluctuate in price as much as platinum. And gold’s value is considerably more than platinum.

Are platinum coins worth investing in?

In fact, it is considered the rarest metal of all! This is due to the short supply and broad demand. For these reasons many people believe platinum offers a lucrative investment opportunity. According to the World Platinum Investment Council platinum remains heavily undervalued compared to gold and palladium.

How do I invest in platinum coins?

There are four ways you can invest in the platinum market globally. In India, however, you have only two options—platinum bullion, coins or jewellery and futures trading on a commodity exchange. You can purchase bullion and coins from various centres such as banks and authorised dealers.

Is platinum can be resold?

Platinum, which used to trade at a premium to gold, has fallen below the yellow metal. Consumers, who avoided buying platinum jewellery because of its higher prices, can consider buying it now. Platinum also has poor resale value as only a limited number of shops buy it back.

Why is platinum more expensive than gold?

Platinum is more expensive because it is rarer and mined much less than gold. Also, platinum is more dense than gold, so the same ring will weigh significantly more in platinum than in gold. That’s why platinum rings more expensive than gold engagement rings .

Which is better gold or platinum?

Platinum is incredibly durable (much more so than white gold.) Platinum will hold your loose diamond or gemstone more securely than white gold which is a softer, more pliable metal. Platinum develops a beautiful sheen or patina over time. Platinum rings are hypoallergenic and will resist tarnishing better than gold.

Is platinum better than silver?

• Silver is known as a metal with the highest electrical conductivity and thermal conductivity. • Platinum is rarely found in nature than silver. • Platinum is more valuable than silver. • Platinum is more resistant to corrosion that silver.

Is platinum more than gold?

There are multiple reasons why platinum is more valuable than gold. Although both gold and platinum are rare earth metals, platinum is rarer and thus has a higher value. Another reason is because platinum is 60\% heavier than 14 Karat gold.