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Why is gold now 1/3 more expensive than platinum?

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Gold is considered a money metal and platinum is not. Gold has been considered real money for thousands of years, and real money is a store of wealth. read more

Metals like gold, platinum and palladium are so expensive owing to following reasons : (1) They are very, very, very rare as compared to other metals found on this planet. Imagine this : You have to remove 9.39 tonnes of earth to get one golf ball weight of gold. read more

When the price of platinum is equal to gold, the platinum-to-gold ratio is equal to one. A ratio above one means that platinum is worth more than gold. On the other hand, a ratio below one means gold is priced higher than platinum. If the economy is relatively stable, the price of platinum tends to stay above gold. read more

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