Why is a platinum ring more expensive than gold?

The main reason for this is that precious metals are priced by weight, and platinum is much denser than gold, meaning it will be heavier. Another reason why platinum rings are more valuable than gold is because the metal is much rarer.

Why are most engagement rings platinum?

In short, Platinum prongs are better protection for diamonds. Like all precious metals, Platinum scratches. But when these scratches occur on a Platinum piece, they actually create a natural, rich patina on the ring that strengthens the metallurgical properties of the piece.

Are platinum rings worth it?

This metal has high resale value and is best for something with great sentimental value, such as a wedding ring or a family heirloom. If you’re looking for something that is shiny and lower cost, stick with white gold and silver, as platinum can be quite an investment.

Does platinum lose its shine?

To be considered platinum, a piece must contain 95\% or more of the metal, making it one of the purest precious metals you can buy. Over time, platinum will fade in a different way. It won’t turn yellow, like yellow gold; but, it will begin to lose its shiny finish and build a natural patina (more on this in a bit).

Why are platinum rings bad?

Being about 20\% denser than white gold, platinum is about two-and-a-half to five times more expensive than white gold. Because it’s less malleable, platinum is a more difficult material to work, so the cost of labor that goes into molding that piece increases.

What is the difference between gold and platinum engagement rings?

Gold and platinum are the two most commonly used metals for engagement and wedding rings. Both metals are unique, yet similar in several ways. Let’s look at how gold and platinum compare in appearance, cost, durability, and comfort. The main distinguishing physical characteristic between gold and platinum is color.

Is platinum more expensive than other metals?

Platinum is the most expensive of the precious metals, due to stunning appearance and superior durability. White gold is more affordable than platinum, but requires more maintenance, so it may accrue more cost in the long run. Rose gold is more affordable than platinum, and has approximately the same price point as white gold and yellow gold.

What is the Best Metal for engagement or wedding ring?

The metal for engagement or wedding ring, platinum is typically a more expensive choice. The main reason for this is that precious metals are priced by weight and platinum is much denser than gold, so any platinum jewellery will weigh more. Engagements are one of the most precious moments in our lives.

What are the benefits of platinum engraving rings?

One more benefit of platinum is that it is hypoallergenic. While gold rings do not create an allergy issue for most people, some can develop an allergic reaction from the nickel alloy used in gold rings. I’m having my Ring Engraved, should I choose Gold or Platinum?