Is platinum worth more than gold

Learn how to compare Gold and Platinum as precious metals for investing or collecting. Find out the differences in rarity, price, liquidity, sustainability and more, …The Main Difference between Gold and Platinum. 1) Gold melting point is 1064 degrees C while that of 1768 degrees C in platinum. 2) The colour of gold will change depending on its use, but the natural white colour of platinum will never fade. 3) Gold is more durable than platinum. 4) Gold weight less than platinum.Is platinum more valuable than gold? Historically, platinum has traded at higher prices than gold for most of the last century until 2015. Platinum also has an intrinsic value advantage from its rarity and …Historically, the ratio has been below 1, meaning the price of platinum has been higher than gold. But currently, the ratio is around 1.6, which means platinum is cheaper and more attractive.Advertisement Gold: Strength and Durability. While both precious metals are strong, platinum is more durable than gold. Its high density and chemical composition make it less likely to break than gold, so it lasts longer. … Despite being stronger, platinum is also softer than 14k gold. Is platinum cheap thanRead More →A gold necklace is a beautiful piece of jewelry that can elevate any outfit. However, it is important to take proper care of your necklace in order to keep it looking like new. Her...When Was Platinum Worth More Than Gold? One look at the price of platinum shows how well it’s performed in the past. In fact, between 1997 and 2011, the price of gold could barely keep up. An entire decade passed during which the silvery-white metal cost more per ounce than its golden counterpart. The big change between then …Learn the differences and similarities between platinum and gold as commodities and how to invest in them. Find out which metal is more stable, valuable, and suitable for your goals.Both Gold and Platinum power supply are at the top of the best PSUs list. But the main difference between them is efficiency. Both serve the same function but the Gold PSUs use more electricity than Platinum. So, you can save some money if you use the Platinum power supply. The Platinum PSU is equipped with better capacitors and …In terms of abundance in the earth‘s crust, platinum is over 30 times more rare than gold. According to expert estimates, all the platinum ever mined could fit in an …Oct 16, 2023 · Gold has been a traditional safe haven asset and is arguably the most famous precious metal. Platinum is 30 times rarer than gold and has more industrial uses, especially when it comes to the auto ... In short, white gold is more expensive than yellow gold. Both types of gold are at their purest in 24 karats. However, 24 karat gold isn’t strong enough to withstand daily wear and tear. As a result, additional metals are used to increase the durability of white and yellow gold. To see the most popular white gold jewelry just click here.Since then, gold prices have increased significantly following a recent low in 2015. That isn’t to say that platinum’s historical value is lacking. But when we compare gold vs platinum, investors often consider gold to be the more favorable asset historically.Over 30 Times Rarer! October 31, 2023 by Nelson Ayers. Platinum stands apart as one of the rarest and most coveted metals on Earth. Ounce for ounce, platinum is over 30 times rarer than gold in terms of annual global production. This guides explores platinum‘s extreme scarcity compared to gold, and why it commands such high value.We would like to show you a description here but the site won’t allow us.Despite platinum being cheaper than gold ($992 per ounce vs $1750 per ounce), jewelry made from platinum is usually more expensive than gold alternatives. This is because platinum is denser than gold, meaning there are more grams of platinum in a wedding ring, compared to an identical ring made out of gold.The short answer is yes, and no; platinum is more valuable, expensive, and denser than gold; however, it costs more while being identical to gold. It is a rarer metal compared to gold, and each year worldwide, we excavate up to 160 tons of platinum, compared to 1500 tons of gold. Platinum is generally purer than gold, with the average purity in ...Sep 22, 2021 · Gold. Platinum. Diamond. Valuable materials sought after for their luster, beauty, and more practical applications. Yet according to Economic Times, there is one rare metal that puts its shinier brethren to shame, however, exploding in value this year and giving anyone lucky enough to invest in it a payout three times larger than gold: iridium. South Africa is rich in minerals, and it supplies a large amount of the world’s production of these minerals thanks to an active mining industry. This country has some of the bigge...For gold, total mineable reserves are estimated at 57,000 tonnes – nearly 7 times higher than platinum reserves. Looking at annual mining output, roughly 190 tons of platinum is mined globally each year compared to 3,300 tons of gold. That makes newly mined gold over 17 times more abundant than platinum annually.Platinum always remains white. Although white gold can always be polished, it may eventually need to be re-plated to maintain its original colour. The density of platinum means that pieces weigh more. It is both the heaviest and the hardest of the white metals. Platinum is also hypoallergenic, so anyone who might be allergic to the … Answers for platinum is ___ than gold%22 (less abundant) crossword clue, 5 letters. Search for crossword clues found in the Daily Celebrity, NY Times, Daily Mirror, Telegraph and major publications. Find clues for platinum is ___ than gold%22 (less abundant) or most any crossword answer or clues for crossword answers. Feb 9, 2024 · To qualify for American Airlines elite status, you must earn the required number of Loyalty Points during each 12-month qualification period following March 1. As discussed above, you'll need to earn 40,000 Loyalty Points for Gold status, 75,000 for Platinum, 125,000 for Platinum Pro and 200,000 for Executive Platinum. Advertisement Gold: Strength and Durability. While both precious metals are strong, platinum is more durable than gold. Its high density and chemical composition make it less likely to break than gold, so it lasts longer. … Despite being stronger, platinum is also softer than 14k gold. Is platinum cheap thanRead More → Investors can use the ratio as a timing indicator when deciding when to buy Gold or Platinum. The Rarity of Platinum Platinum has become one of the most intriguing Precious Metals because it has historically traded at a higher price than Gold. That is an indication of two things, Platinum being rarer than Gold, and having more industrial uses. Iridium is expensive due to its rarity. Since we can’t mine asteroids (yet), finding it is labor-intensive and costly. Iridium trades for around $6,100 per ounce or around $215 per gram. That makes this scarce metal about 3.75 times more valuable than gold.Because platinum rings are heavier, rarer, and more pure than gold, they are more valuable. Even though pure gold may be more expensive per ounce, because ...Sep 22, 2021 · Gold. Platinum. Diamond. Valuable materials sought after for their luster, beauty, and more practical applications. Yet according to Economic Times, there is one rare metal that puts its shinier brethren to shame, however, exploding in value this year and giving anyone lucky enough to invest in it a payout three times larger than gold: iridium. Is platinum worth more than gold. Is platinum more valuable than gold? Platinum is generally valued higher than gold. As a result, platinum is rarer than sterling silver, has a higher density, and is often purer. Platinum rings require more platinum eagles than gold rings as this is known to add to the overall cost.Why Platinum is Worth More Than Gold Platinum is one of the most precious metals known to man. More precious than silver, rarer than gold, platinum's preciousness and relative rarity compelled King Louis XV of 18th century France to declare...Iridium is expensive due to its rarity. Since we can’t mine asteroids (yet), finding it is labor-intensive and costly. Iridium trades for around $6,100 per ounce or around $215 per gram. That makes this scarce metal about 3.75 times more valuable than gold.Is platinum more valuable than gold? Platinum is generally valued higher than gold. This is because platinum is rarer than gold, has a higher density and is …As you can see by the chart above, platinum was worth more than gold for the vast majorityof the 20th Century. It was not until the global financial crisis of 2008 that gold prices began to overtake platinum prices in terms of overall, now fully fiat US dollar … See moreBefore 2009, platinum was more expensive than gold. In 2008, platinum peaked at about $2,300 per ounce. Between 2018 and 2023, platinum prices have fallen, fluctuating between $600 and $1,300 per ounce. Platinum pricing has been net flat of late. October 18, 2022, saw platinum at $907 per ounce. A year later, platinum sat at $891 … The short answer is yes, and no; platinum is more valuable, expensive, and denser than gold; however, it costs more while being identical to gold. It is a rarer metal compared to gold, and each year worldwide, we excavate up to 160 tons of platinum, compared to 1500 tons of gold. Platinum is generally purer than gold, with the average purity in ... Sep 25, 2020 · Gold prices have soared more than 20% in 2020, and they hit a new record high earlier this year. Silver and palladium are surging, too. But platinum prices are down almost 15% year-to-date. Platinum is 30 times more rare than gold. If all the platinum ever mined were melted and poured into an Olympic-sized pool, the platinum would barely reach your ankles. Gold, however, would fill three pools. Think about that when you compare platinum with other precious metals, especially if you’re in the market for an engagement ring or wedding …Both Gold and Platinum power supply are at the top of the best PSUs list. But the main difference between them is efficiency. Both serve the same function but the Gold PSUs use more electricity than Platinum. So, you can save some money if you use the Platinum power supply. The Platinum PSU is equipped with better capacitors and …Value: Platinum is both rarer and more expensive than gold. It does not oxidize at any temperature, it’s a good conductor of electricity and it is both malleable and ductile. It also has a very high melting temperature and it is unattached by any single acid (though soluble, like gold, in a mixture of hydrochloric and nitric acids).Historically, the ratio has been below 1, meaning the price of platinum has been higher than gold. But currently, the ratio is around 1.6, which means platinum is cheaper and more attractive.Less platinum equals higher prices, and more platinum equals lower prices. Platinum is a rare metal that miners must work tirelessly to extract from the earth’s crust. Workers remove about 200 metric tons of platinum a year from the earth’s surface, compared to the nearly 3,000 metric tons of gold.South Africa is rich in minerals, and it supplies a large amount of the world’s production of these minerals thanks to an active mining industry. This country has some of the bigge... However, in recent years, platinum has seen a decline in value due to a decrease in demand from the automotive industry, which is one of its largest consumers. This has made platinum a more affordable investment compared to gold. While platinum may be worth more than gold, it is not necessarily a better investment. The potential for higher ... No, gold is not valued because of it's utility (Though is it uses are useful) . It is valuable almost exclusively because people value it. Quite tuatological. It is valued because of its utility. It simply has more industrial uses than platinum does. As for people valuing it that is true. One big driver of its value is places like India.Apr 7, 2012 ... Platinum, as a precious metal, is normally valued much higher in the precious metals commodity market than gold. Whereas historically gold has ...Aug 4, 2022 · That means the Platinum PSUs draw more amount of power than Gold PSUs. Is Gold Power Supply Worth Buying? 80+ Gold PSU is definitely reliable and can be a better investment for future-proofing. However, if you are finding something good on a low budget, then you can go for the 80+ Bronze. Otherwise, the Gold power supply is worth buying because ... Ask Price: $2,032.60 per ounce. High: $2,034.30 per ounce. Low: $2,030.80 per ounce. Source: Kitco Gold Price Chart . From this data, it is evident that gold is currently more expensive than platinum. The gold price is more than double that of platinum, highlighting a significant difference in their market values.Gold vs Platinum The gold: platinum ratio is the best way to observe the relationship between the two metals’ prices. When the ratio is above 1 it means that platinum is cheaper than gold. Looking at the historical gold: platinum ratio, we can see that throughout history platinum has tended to be worth more than gold, but that this is not ...Until 2010, platinum was more expensive than gold, however, the opposite is now true. Currently, an ounce of gold is priced at $1,861.48, compared to an ounce of platinum for $855.35. The cost of …Will platinum ever be worth more than gold? A. Accelerate Your Wealth. Arrived Homes allows retail investors to buy shares of individual rental properties for as little as $100.Platinum is 30 times more rare than gold. If all the platinum ever mined were melted and poured into an Olympic-sized pool, the platinum would barely reach your ankles. Gold, however, would fill three pools. Think about that when you compare platinum with other precious metals, especially if you’re in the market for an engagement ring or wedding …Advertisement Gold: Strength and Durability. While both precious metals are strong, platinum is more durable than gold. Its high density and chemical composition make it less likely to break than gold, so it lasts longer. … Despite being stronger, platinum is also softer than 14k gold. Is platinum cheap thanRead More →The easiest way for potential buyers to tell if a piece is true platinum is to perform a bite test similar to that which would be performed with gold. Unlike gold, if there are bit...Compare daily gold and platinum prices over the last 10 years in U.S. dollars per troy ounce. See interactive chart and related charts for gold and platinum prices, ratios and …Is platinum worth more than gold? Yes, platinum is worth more than gold. And that’s because platinum is 30 times rarer than gold, according to Jenny Luker, president of Platinum Guild International USA (PGI), a marketing organization for the platinum jewelry industry. About 80 tons of platinum are mined annually compared to …Before 2009, platinum was more expensive than gold. In 2008, platinum peaked at about $2,300 per ounce. Between 2018 and 2023, platinum prices have fallen, fluctuating between $600 and $1,300 per ounce. Platinum pricing has been net flat of late. October 18, 2022, saw platinum at $907 per ounce. A year later, platinum sat at $891 …The short answer is yes, and no; platinum is more valuable, expensive, and denser than gold; however, it costs more while being identical to gold. It is a rarer metal compared to gold, and each year worldwide, we excavate up to 160 tons of platinum, compared to 1500 tons of gold. Platinum is generally purer than gold, with the average purity in ...Some other metal - rhodium - has reached a staggering price of $29,070 per ounce on the world commodity exchanges in 2021, which made it 16 times more expensive than gold! Rhodium. Rhodium is the most expensive metal in the world, belonging to the group of noble metals, along with platinum, palladium, osmium, iridium, and ruthenium, …No, gold is not valued because of it's utility (Though is it uses are useful) . It is valuable almost exclusively because people value it. Quite tuatological. It is valued because of its utility. It simply has more industrial uses than platinum does. As for people valuing it that is true. One big driver of its value is places like India.While platinum prices have historically been lower than gold, there have been periods where platinum surpassed gold in value. However, platinum’s price volatility and its reliance on industrial demand have resulted in a more dynamic pricing compared to gold .May 7, 2021 ... Platinum is almost always more valuable than gold. It's a rarer metal, and platinum rings have higher densities and purities than gold rings.9 Substances More Valuable Than Gold. Linette Lopez. 2011-07-08T16:49:00Z ... Rhodium is a member of the platinum family of metals and is mostly used in three way catalytic converters to reduce a ...As you can see by the chart above, platinum was worth more than gold for the vast majorityof the 20th Century. It was not until the global financial crisis of 2008 that gold prices began to overtake platinum prices in terms of overall, now fully fiat US dollar … See moreKey Highlights. Market Trends and Stability: Gold is traditionally more stable and valued as a safe-haven asset.In contrast, silver shows higher market volatility, influenced by its extensive industrial applications.; Potential for Silver to Surpass Gold: Historical precedents with other metals like platinum and palladium suggest that market …While platinum prices have historically been lower than gold, there have been periods where platinum surpassed gold in value. However, platinum’s price volatility and its reliance on industrial demand have resulted in a more dynamic pricing compared to gold .Oct 15, 2022 · How much is platinum jewelry worth? The price of platinum fluctuates, however, a 95% platinum wedding band at a reputable store will cost you around $800. Is platinum worth more than gold? Yes, platinum is worth more than gold. And that’s because platinum is 30 times rarer than gold, according to Jenny Luker, president of Platinum Guild ... It’s Cheaper Than Platinum. The manufacturing process of white gold involves using an alloy that tends to have white color. Such alloys are cheaper; hence, white gold is comparatively less expensive than platinum. On the other hand, white gold is more expensive than yellow gold. Therefore, buying a white gold wedding ring can be a good choice. Gold vs Platinum The gold: platinum ratio is the best way to observe the relationship between the two metals’ prices. When the ratio is above 1 it means that platinum is cheaper than gold. Looking at the historical gold: platinum ratio, we can see that throughout history platinum has tended to be worth more than gold, but that this is not ...Platinum is currently being traded at around $970 USD per ounce. Metal purity is another factor that increases cost. In jewelry, platinum purity is typically 95% or higher. By comparison, gold jewelry alloys are usually only 75% (18 karats) or 53.4% (14 karats) pure. Platinum items are also more difficult to produce.Yes, platinum is worth more than gold. This is due to the fact that it is a rarer metal and it is more durable than gold. Furthermore, it is rarer than gold, as it is estimated that there is only enough mined platinum in the world to fill a 25-foot cube. In comparison, enough gold to fill 50-foot cube is estimated to be mined annually.Nov 8, 2021 ... Because of the difference in liquidity, platinum is more susceptible to price spikes than gold is. Price Relativity. Platinum and gold tend to ...Jewelry is most commonly made with metals such as gold, platinum, titanium, silver and stainless steel. Gold is classified by karats. Karats denote the purity and value of the gold...We explain what pearls are worth, plus the places that buy them if you're interested in selling yours. Find online and in-store options inside. Unlike precious metals, such as gold...While many people invest in Gold or Silver, one Precious Metal that is often overlooked is Platinum. Platinum is much rarer than both Gold and Silver — so rare, in fact, that all of the Platinum ever mined could potentially fit into your home. The rarity of Platinum cannot be overstated because it has a vast array of uses, particularly in ...Before 2009, platinum was more expensive than gold. In 2008, platinum peaked at about $2,300 per ounce. Between 2018 and 2023, platinum prices have fallen, fluctuating between $600 and $1,300 per ounce. Platinum pricing has been net flat of late. October 18, 2022, saw platinum at $907 per ounce. A year later, platinum sat at $891 …Platinum jewelry is denser than gold & harder to make. Despite platinum being cheaper than gold ($992 per ounce vs $1750 per ounce), jewelry made from platinum is usually more expensive than gold alternatives. This is because platinum is denser than gold, meaning there are more grams of platinum in a wedding ring, compared to an identical …Apr 15, 2020 · Publisher Description. Not just "pigment" or "color," melanin is an aromatic bio-polymer and organic semiconductor presently worth over $380 a gram more than gold. CNN, ABC, CBS, NBC, PBS, BBC, Aljazeera, RT, BET, Ebony, JET, The New York Times or The Washington Post among other media outlets seem incapable of ever even mentioning that fact. Oct 30, 2023 · As Elizabeth puts it, “Platinum is roughly 40 to 50 percent more expensive than white gold because more platinum is required to make a piece due to its density. It is rarer than gold, which also ... Compare daily gold and platinum prices over the last 10 years in U.S. dollars per troy ounce. See interactive chart and related charts for gold and platinum prices, ratios and …Apr 24, 2023 ... Silver costs far less than platinum, which occasionally costs more than gold. So whatever you choose simply depends on your investment goals ...The high density also lends itself well to setting large diamonds because prongs made of platinum will be more secure than ones made of white gold. The ...Platinum is 10x more rare than gold, i was just wondering what the logic behind that is.Dec 20, 2022 · Whether or not it’s good to invest in platinum depends on your particular financial goals. Platinum is a relatively new precious metal investment compared to gold and silver. Recent automotive industry demands and complex extraction and mining processes have made platinum bullion incredibly volatile. Unlike other metals, you cannot look back ... 3 days ago · Some people may trade platinum and gold the way others trade the silver to gold ratio. Historically, platinum has been priced higher than gold, and the historical average of the platinum to gold ratio is about 0.72. In the past decade, gold has surpassed platinum as the money supply has grown dramatically due to federal monetary policies known ... Throughout history platinum has tended to be more expensive than gold and is generally considered to be the most valuable metal of the two. This has changed in the past …Feb 9, 2024 · To qualify for American Airlines elite status, you must earn the required number of Loyalty Points during each 12-month qualification period following March 1. As discussed above, you'll need to earn 40,000 Loyalty Points for Gold status, 75,000 for Platinum, 125,000 for Platinum Pro and 200,000 for Executive Platinum. Aug 12, 2022 · Is White Gold Worth More Than Gold? In terms of investments, pure 100% gold is worth much more than any gold alloy. Many countries have regulations about the purity of the gold available for trading, and any alloy will never meet that purity requirement. However, when it comes to metals with a similar karat rating, white gold has the same value ... Apr 8, 2023 · Each bottle was only created 33 times, for a total of 99 bottles, each more expensive than the last. While this tequila in a glass bottle retails for $3,500, the gold and silver bottle goes for $25,000, and the gold and platinum for $150,000. The most expensive of all was the white gold and platinum, which carried the insane price tag of $225,000! You may be willing to part with your unwanted or old gold jewelry to add some cash to your wallet. It helps to know how much gold may be worth and where to sell it for the best pri...The Main Difference between Gold and Platinum. 1) Gold melting point is 1064 degrees C while that of 1768 degrees C in platinum. 2) The colour of gold will change depending on its use, but the natural white colour of platinum will never fade. 3) Gold is more durable than platinum. 4) Gold weight less than platinum.Yes, while rarer and arguably a more practical natural resource for everyday items and tools that we use, platinum is actually cheaper than gold. Today, the platinum spot price is at $ 924.70 /t oz, while the gold spot price is at $ 2,160.39 /t oz. Current platinum prices per ounce are near half of gold’s cost.The Amex Platinum card is easily worth it for anyone who can get more value out of the card than what the annual fee charges. For many, this isn’t as difficult as it might seem thanks to its $1,500+ in annual credits, airport lounge access, complimentary hotel and rental car elite status, travel protections, and more.The short answer is yes, and no; platinum is more valuable, expensive, and denser than gold; however, it costs more while being identical to gold. It is a rarer metal compared to gold, and each year worldwide, we excavate up to 160 tons of platinum, compared to 1500 tons of gold. Platinum is generally purer than gold, with the average purity in ...Platinum rings can be resized, although doing so costs more than resizing a ring that is made of yellow or white gold. The reason that platinum rings cost more to resize is because...The Platinum Card’s current welcome bonus is: 80,000 Membership Rewards Points after spending $8,000 on purchases on the card in the first 6 months of card membership. The Gold Card’s current ...Aug 19, 2023 ... Platinum is more expensive than gold and may be out of budget; Platinum scratches easier than 14-karat gold which means more maintenance to ...When it comes to hair color, blondes have always had a special allure. From the icy coolness of platinum to the warm golden tones of honey, there are countless shades of blond that...The short answer is yes, and no; platinum is more valuable, expensive, and denser than gold; however, it costs more while being identical to gold. It is a rarer metal compared …The high density also lends itself well to setting large diamonds because prongs made of platinum will be more secure than ones made of white gold. The ...The gold: platinum ratio is the best way to observe the relationship between the two metals’ prices. When the ratio is above 1 it means that platinum is cheaper than gold. Looking at the historical gold: platinum ratio, we can see that throughout history platinum has tended to be worth more than gold, but that this is not always the case.Jul 11, 2023 · As you can see by the chart above, platinum was worth more than gold for the vast majority of the 20th Century. It was not until the global financial crisis of 2008 that gold prices began to overtake platinum prices in terms of overall, now fully fiat US dollar valuations (Post-1971). Platinum is also more dense than gold (an identical ring in platinum would be around 40% heavier than the one in gold) and, hence, costlier. Will silver ever reach $100 an ounce? Other experts in the precious metals world also generally agree sustained higher levels of inflation throughout 2022 and into 2023 could create ideal conditions for silver to hit the …The most valuable of all precious metals is rhodium. This silvery-colored metal is extremely rare and is used commonly for properties of being able to reflect.Precious metals have been highly valued for thousands of years because of their appearance and their rarity. The scarcity of these metals drives their value. The three main preciou...When it comes to buying gold, getting the best deal possible is crucial. Whether you are a seasoned investor or someone looking to sell unwanted gold items, negotiating gold buy pr...While platinum prices have historically been lower than gold, there have been periods where platinum surpassed gold in value. However, platinum’s price volatility and its reliance on industrial demand have resulted in a more dynamic pricing compared to gold .In short, white gold is more expensive than yellow gold. Both types of gold are at their purest in 24 karats. However, 24 karat gold isn’t strong enough to withstand daily wear and tear. As a result, additional metals are used to increase the durability of white and yellow gold. To see the most popular white gold jewelry just click here.Gold is generally more liquid than platinum, as it’s traded in large quantities worldwide and has a well-established market. This allows investors to buy and sell gold …Feb 16, 2021 ... While platinum and gold are similar in price per gram, it takes more platinum to make a ring because the metal is denser. Platinum rings are ...Traditionally, platinum is around 40-50% more expensive than white gold jewelry, though the gap has been closing. Generally, 14k white gold is still more affordable to purchase than platinum, but due to global economic factors driving up the cost of all precious metals (they are seen as a safe haven for investors to weather global economic …Value: Platinum is both rarer and more expensive than gold. It does not oxidize at any temperature, it’s a good conductor of electricity and it is both malleable and ductile. It also has a very high melting temperature and it is unattached by any single acid (though soluble, like gold, in a mixture of hydrochloric and nitric acids).Sep 27, 2023 ... Rhodium, priced at $10,300 per ounce, surpasses gold as the world's most expensive metal. Discover what makes it so valuable and where it can be ... Given its superiority, the average cost of platinum has always been higher than that of gold. It makes sense; it’s rarer, weightier, hardier, and thus more desirable. But, in recent years, platinum’s been knocked from its top spot in the cost stakes by its once cheaper contender. Now at 1.4 times more expensive than platinum, white gold is ... Oct 30, 2023 · As Elizabeth puts it, “Platinum is roughly 40 to 50 percent more expensive than white gold because more platinum is required to make a piece due to its density. It is rarer than gold, which also ... No, gold is not valued because of it's utility (Though is it uses are useful) . It is valuable almost exclusively because people value it. Quite tuatological. It is valued because of its utility. It simply has more industrial uses than platinum does. As for people valuing it that is true. One big driver of its value is places like India. | Coxwehpeooei (article) | Myxzqw.