Precious Metals Thoughts #4
...Decided to change the topic of these series of articles to Precious Metals Thoughts...
...i wanna implement new precious metals starting with one of my favorite ones PLATINUM...
...first of all let me clarify what Platinum is... ...this high melting point is its big advantage in its industrial use,at the same time though its major disadvantage in its use in jewellery manufacturing industry... ...let's return on PLATINUM.... ...hope you enjoyed this post...till next time,keep safe!!! Posted Using LeoFinance Beta
image taken from kitco.com
...or maybe....
....what PLATINUM is NOT....
... PLATINUM IS NOT WHITE GOLD....
....let me say this again so you understand...
...PLATINUM IS NOT WHITE GOLD...
..platinum is platinum.... a precious metal with a very high melting point more or less at 1800 Celsius point (i don't remember exactly the number so if you wanna know the exact number you can search for yourself)....
....so when you go buy a white metal jewel which is not silver you don't buy platinum...most of the times you buy white gold...this is because white gold is easy to process...the cost to process platinum in small quantities is very high and most people cannot afford something like this...
...i'll get you a post on white gold another time...
..I don't want to give too much information cause this maybe gets you tired and bored...
...i really wanna awake your interest in PLATINUM so i will end this post here by giving you the price chart of Pt-PLATINUM....as you can see today's price is at about 1100 US dollars per ounce...
..35.600 US Dollar a kilo maybe is easier for you to understand!!
chart taken from kitco.com