why is gold so much bigger than platinum? platinum is much more

>platinum is more rare than gold
Seriously? So why the fuck gold is more expensive?

>>1548740
platinum is more expensive.

>>1548724
Why do you care about a fucking metal?

>>1548751
Without metal technology wouldn't exist...
And they worth more than you think.

>>1548751
there is a goldlust thread on right now, Soros and Buffett invest in gold, people buy gold more. platinum is more rare, beautiful and expensive but gold is much more normalfag

>>1548758
normalfag approved

gold is very distinct- it's yellow

any dumb fag can look at a bar of gold and realize "that's gold"

same with copper

platinum just looks like "generic metal #47" to most laypeople. So if they don't know the platinum is platinum at first glance, then they probably won't give a shit about it for trading.

>>1548790
this is the answer i was looking for. thanks.

>>1548724
platinum jewelry is consistently more expensive than 18c gold. at 24c the price difference is not so great, although pure gold is not very practical for wearing anyway

>>1548851
>at 24c the price difference is not so great, although pure gold is not very practical for wearing anyway
what?

File: Screen Shot 2016-10-07 at 2.54.07 pm.png (45KB, 728x209px) Image search: [Google]

45KB, 728x209px

>>1548744
You wat bro?

>>1548758
>>1548724
Gold is literally a meme.
It was the go-to metal for currency for millenia, and because of this it is still strongly associated with the abstract notion of value.

>>1548724
Gold is globally used as a hedge against inflation. Platinum is far more rare than gold so this is a perfect example of perceived value being greater than true supply & demand

>>1548859

pure gold is very soft (malleable)

if you wear it as a ring or braclet, it's likely to bend/get dents in it

>>1548957
is that for pure platinum?

>>1548974
>Platinum is far more rare than gold so this is a perfect example of perceived value being greater than true supply & demand
No, it's a great example of supply & demand alone dictating value.
Gold is more valuable BECAUSE the demand is much higher relative to the supply.

>>1549003
>>1549003
I'm pretty sure that to be marketed as platinum, the alloy needs to be at least 90% pure. 100% would be exceedingly rare, I think

>>1549011
100% pure means there are no individual atoms of any other material in the 100% pure sample, statistically this is lim -> impossible.

>>1548957
>>1549011
i just found out that pure gold is more expensive than pure platinum even though platinum is much more beautiful and rare.

http://www.jmbullion.com/10-oz-credit-suisse-gold-bar/
http://www.jmbullion.com/10-oz-credit-suisse-platinum-bar/

is it the same for jewelry too? gold for jewelry is 22k at the highest. what's the standard for platinum's purity in jewelry?

>>1548724
what do you mean, bigger, its used in hard drives lol and jewelerry ofcourse

>>1548724
ow yeah, plus gold doesnt stain and its the heaviest metal on eath for faks sake mate

>>1548724
Gold and copper are the only known metals to have a distinctive color. Platinum is barley different than silver or aluminum. Also platinum isn't as good a conductor.

>>1548753
Im ok with technology not being created.

Platinum is fucking awesome.

It has a plethora of industrial applications so it is correlated with the economy.

People buy gold as a hedge it's usually inversely correlated with the economy.

I would buy platinum over gold every time.

>>1549471
>heaviest metal on earth
in what way?

File: 14LaAc_periodic_table_IIb[1].jpg (182KB, 1576x844px) Image search: [Google]

182KB, 1576x844px

>>1549471
>its the heaviest metal on eath
Read a book, nigger.

>>1548957
>not listing mithril and adamantium