Platinum is approx 59% heavier than 14ct Gold; Platinum is approx 34% heavier than 18ct Gold. Music recording certification is a system of certifying that a music recording has shipped, sold, or streamed a certain number of units. The ultimate guide to investing in GoldRead Investment Guide, The latest Gold and Silver news and commentary. Being about 20% denser than white gold, platinum is about two-and-a-half to five times more expensive than white gold. That isn't the case now though. The stock market rally is looking extended with Tesla in a climax run. Platinum jewelry is consisted of nearly pure platinum. Another aspect to consider is that only two countries – South Africa and Russia – produce platinum. Gold prices go up when there is an economic crisis or slowdown as investors run to the safety of precious metals. More precious than silver, rarer than gold, platinum's preciousness and relative rarity compelled King Louis XV of 18th century France to declare it the only metal fit for a king. The value of platinum correlates to the performance of the wider economy. In terms of its abundance on the planet, then, platinum should always be more valuable as it is much rarer. Two rings of the same size and style may be worth around $300 in white gold and $1,000 in platinum. Gold prices have soared more than 20% in 2020, and they hit a new record high earlier this year. All rights reserved. Tessa Says: April 15th, 2019 at 6:48 pm. Esther Inglis-Arkell. Will optimism prevail?See also: Benzinga's First Bulls And Bears Of 2021: Ford, Mastercard, PepsiCo, 3M, Tesla And MoreSocial media firms finally may be feeling pressure to take responsibility for our nation's discourse and behavior, according to Eric J. Savitz's "The Risks Are Rising for Big Tech." Both gold and platinum are precious metals, but there are factors that independently affect each of them. If you look at the material value of precious metals, platinum sits at the top. The Fed has few tools, if any, to guide the economy out of such an operating environment. Amazon and Tesla Have Been Great Long-Term Stocks. All orders include free insured delivery. If you have identical rings in both platinum and gold, the platinum ring will weigh approximately 50 percent more than the gold ring, Burnette said. It is very important to do your own analysis before making any investment. All rights reserved. You take a distribution from your traditional IRA or 401(k) and contribute that money into a Roth IRA. All orders include free insured delivery. As of December 5th, 2008, platinum was worth $805.00 per troy ounce, putting it (for the time being) ahead of gold in terms of value. Platinum scratches more easily than 18 Karat or 14 Karat gold. Each analyst-backed ticker stands to notch more gains on top of its already impressive growth. Since 1987, platinum has usually traded at a higher price than gold until September 2008. The shiny white metal is considered a strong symbol of value and quality. Demand for diesel engines was hit hard by this scandal. Gold Vs Platinum Price Chart Saturday, 9 January 2021. Central banks also store gold in their official reserves because of its perceived value as an alternative currency. Please upgrade the browser to the latest. Being about 20% denser than white gold, platinum is about two-and-a-half to five times more expensive than white gold. Click here to view the Gold - Platinum Ratio. Lately, platinum has traded at an abnormally large discount to the yellow metal. * Other featured articles examine why it is more important than ever to create a diversified portfolio, what investors will be looking for in upcoming earnings reports and how some century-old stocks have fared. But the yellow metal logged an 18.9% return in 2019. The old but simple explanation being that if you are in the middle of the desert and you can choose to have 100 litres of water to tide you over or 100 bars of gold - which do you want. Alternatively, yellow and rose gold show distinct colors when compared to platinum and white gold. Often, platinum commands a higher price than gold. So what are the best stocks to buy now or put on a watchlist? That was a 197% year-over-year gain. Control of Congress is a necessary precondition. And yes, it is rarer, and it is pretty. * Also, the prospects for a top retailer, a struggling retailer, social media stocks, Dividend Aristocrats and more.Cover story "New Opportunities and Risks Arise for Investors as Democrats Take Power" by Daren Fonda suggests that investors need to look beyond the chaos to economic growth as more stimulus arrives and the pandemic recedes. While we will not be weighing in with fundamental analysis, we hope this piece will give investors interested in stocks on the way down a good starting point to do further homework on the names. Platinum is strong: Plus, platinum is 4 times stronger than white gold. The company also includes a government services segment, with provide computer-based engineering services and system design to the Federal government. Past performance, of course, is no guarantee of future gains, but the stocks that have achieved swift growth in recent months are a logical place to start looking for tomorrow’s winners. Currently, gold costs around $1,300 per ounce, while the going price for platinum is $850 per … So, its value depends on the laws of supply and demand rather than the sentiments of investors. In three World Series of Poker events, Palihapitiya has earned $138,701.The investor has also been known to host poker games at his home featuring friends and well-known Silicon Valley investors like David Sacks and Jason Calacanis.Phil Hellmuth, the all-time leading WSOP bracelet holder with 15, has also taken place in the poker games with Palihapitiya. Palihapitiya was the youngest vice president in AOL history at the age of 26.Big Fan of Poker: The SPAC King is a big fan of poker and has even competed in several World Series of Poker events.Palihapitiya took part in the 2011 main No-Limit Hold'em WSOP event where he placed 101st and won $54,851. Will therefore tend to be more valuable than gold, these metals much... The scandal involving Volkswagen cheating on emissions tests towards the end of 2015 from. Some parts of this page is not always an easy word to agree on this gold vs the... 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