Question about precious metals

WatchUSeek Watch Forums WatchUSeek Watch Forums PrisonEscapementWheel

This has been bothering me for years and maybe you have to explain it to me like I’m a child because it makes no sense

value of gold is $3,347/ounce
value of platinum is $1,008/ounce

gold has been worth more than platinum for decades. Why do platinum watches (and jewelry) cost more than gold watches? They should be considerably cheaper.

The answer I usually hear: “it’s harder to work with”. Titanium is harder to work with. Stainless steel is harder to work with. Tungsten is harder to…

Question about precious metals

Please follow and like us:

text

Recommended Posts