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The features of Platinum
Posted on April 23rd, 2009 No commentsSouth Africa has maximum reserves of Platinum producing almost 80% of world’s total Platinum. Russia and Canada are other leading producers of Platinum. Platinum is an extremely rare metal around 30 times more rarer than Gold.
The features are listed below:
•Stability – Like gold, platinum also is well known for its stability. In fact, some isotopes of platinum are way more stable than gold, and they are going to be around millions of years from now! Unlike several other metals and materials, platinum is unaffected by contact with such highly corrosive liquids like Hydrochloric acid and Nitric acid. So, that is another very big positive when investing in a platinum ring.
•Quality – Like the world gold council, platinum also has a governing body, and the platinum ingots are assayed and hallmarked pretty much like the gold and silver ingots all around the world. So, when you buy platinum jewelry from a reputed jeweler (or a well known online jeweler), you can ask for the certification of the metal used, and you are assured of its price for a lifetime.
•Investment – Again like gold and silver, platinum is publicly traded as a commodity in stock exchanges across the world, and several people prefer platinum to gold for short term investments, as the price is much more reactive to international market situations. Certified platinum can be sold at the day’s market price almost anywhere, and that makes it quite a good investment.
•Specialty – Over the years, gold jewelry has become exceedingly common, and there are some special occasions in life which deserve something extra. That something extra has to be more valuable and rarer than gold; which means the choice is platinum. Getting platinum jewelry as a gift is a feeling that is absolutely inexpressible, and occasions like a 25th anniversary deserve a platinum ring for sure.


