Platinum is extremely rare. This limited supply, coupled with its diverse uses and the high desire created, results in its high price (basic principle of supply and demand).
Generally speaking, platinum is the more expensive metal weight for weight. However, the metal markets are very volatile at the moment and prices of both metals fluctuate with the differential varying accordingly. That being said, since platinum is significantly denser (weighs more for the same volume), platinum jewelry will always be more expensive then gold jewelry if all else is the same i.e. same size, design, etc.
Diamonds are generally more expensive than platinum. The value of a diamond is determined by its quality based on the 4 Cs (carat, cut, color, and clarity), whereas platinum is priced based on its weight and purity. This makes diamonds typically more costly than platinum per unit of weight.
Yes, platinum is generally more expensive than radium. Platinum is a precious metal valued for its rarity and unique properties, while radium is a radioactive element commonly used in industrial and medical applications but is not as valuable as platinum.
Platinum Jewlery is a much more expensive and high quality type of jewelry than gold jewerly. Although many see gold as the best type of jewelry it is in fact platinum that wins the title.gold can react with mercury but platinum canot that was the extra quality of platinum
Iron & Aluminium are much more abundantly found as compared to platinum.Moreover in reactivity series aluminium & iron are found to much more reactive than platinum,platinum is least reactive.
Platinum is not more expensive than a beautiful, natural diamond.
platinum is more unique
Yes
Platinum is a rarer element on the earth.
Because platinum is very expensive and it is a temptation for thieves.
$1,290US per ouce
platinum
PLATINUM
Expensive car bodies
By weight, when comparing equal amounts of platinum and diamond, gem-quality diamond will always be more expensive.
First of all Diamond Isn't even an element, Platinum is the most expensive element of all.
no. Platinum is more highly valued than silver.