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Why are platinum and diamonds more costly than gold?

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When one is asked : Diamond vs Platinum, which one is more expensive ? ... As Platinum is not regarded as money like Gold or Silver, high net worth investors has started to buy platinum as collectible items and not for trade. .... Diamonds and all the other major gemstones are far more valuable than platinum or gold. read more

Both platinum and diamond are highly valued because of their limited availability. Supply of platinum is highly concentrated than the supply of gold. While gold is supplied from across the world, around 80% platinum of the world is supplied by Africa. However, the extraction of platinum is more difficult than the extraction of gold. read more

Platinum is always more expensive than gold jewellery due to its unique and rare qualities. But not more expensive than diamond. It is a tough metal making it more durable and stronger than gold. It is denser and more material weight is required to produce a same ring than from white gold. It does not corrode easily like gold. read more

Cost: $482.50/g . What do you do this: Platinum can be used as a catalyst in scientific experiments, worn as jewelry, and taken in anti-cancer drugs. read more

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