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Which one is more costly, gold or platinum, and why?

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Platinum is costly other than gold. There are several reasons for the higher price of platinum. Rarity : Platinum is almost 30 times rarer than gold. read more

Melting Point : Platinum melts at 1,768 C whereas gold melts at 1,065 C only. Which means setting up a smelter for platinum is much more costly than setting one for gold. Which ultimately increases the cost of manufacturing jewelry. read more

Additionally, platinum rings are usually 95% pure platinum, while 14k gold is only 58.5% gold (18k gold is 75% gold). Therefore, platinum rings are more expensive. Gold vs Platinum Durability Platinum is Stronger and More Durable. Though both gold and platinum are strong and durable precious metals, platinum is the stronger and more durable of the two. read more

For one, gold and platinum are easily distinguishable; this is not so true with platinum and silver, for example. While it might be hard to tell gold from fool’s good, platinum and gold share distinct looks; a white-silver sheen and a yellow shine, respectively. read more

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