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Gold is more expensive than diamond and platinum because of its scarcity. The gold standard was introduced in the 18th century by the British Parliament. The price of gold is determined by its market supply and demand.
What else can I help you with?
Why platinum is more expensive than diamond?
Platinum is not more expensive than a beautiful, natural diamond.
Which is the more expensive between platinum and diamond?
By weight, when comparing equal amounts of platinum and diamond, gem-quality diamond will always be more expensive.
Which is more expensive gold or platinum?
platinum is more unique
What cost more gold or platinum?
Gold. It is more expensive according to how much mass it has inside of it.
Why is platinum more expensive then gold?
Platinum is a rarer element on the earth.
Why are platinum ornaments more expensive than gold?
Platinum is more expensive than gold because of the difficulty associated with mining it. Platinum is harder to mine than gold, which means it requires more energy and effort to extract.
Is platinum more expensive than gold?
Yes.
What ways more platinum or gold?
Platinum is usually 1/3 heavier than 18 karat gold and also is more expensive than gold.
What is more expensive than gold?
Platinum is more expensive than gold. It is a naturally white metal, is more durable and dense and quite rare, it does not require rhodium plating to keep it white. When a piece of jewelry is being made, in the case of platinum 85% – 95% is used.
Why gold and platinum are more expensive?
they are more rare than other elements
What element is an inert metal and more expensive than gold?
Platinum is an inert metal that is more expensive than gold. It is known for its high value, resistance to corrosion, and diverse industrial applications.
What metal has the most value Rose Gold or Platinum?
Well, gold is $1,243 per oz this morning, and platinum is $992. HOWEVER, Rose gold is usually 75% gold, or $932/ oz. Platinum used in fine jewelry is 90% platinum, which is $892/ oz. Rose gold is currently (6 June 2016) the most valuable of the two.
