Why is gold more expensive than platinum?
Both gold and platinum are precious metals, but the latter is more often than not priced higher than the former. Contrary to popular belief, platinum is actually slightly more abundant in the earth’s crust than gold. … Platinum extraction is more difficult and therefore more expensive to produce than gold.
Both gold and platinum are precious metals, but the latter is more often than not priced higher than the former. Contrary to popular belief, platinum is actually slightly more abundant in the earth’s crust than gold. … Platinum extraction is more difficult and therefore more expensive to produce than gold.
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