Is platinum good for engagement rings?
Platinum is the most popular choice of precious metal for engagement rings, and with good reason. Many brides and grooms opt for platinum wedding sets. The everlasting quality of the metal is a cherished symbol of eternal commitment and love.
How much does a platinum diamond ring cost?
Due to the rarity of the metal, a platinum ring usually costs more than gold or any other metal of the same volume. A typical 4mm 95% pure platinum ring would cost you around $800, with wedding rings usually starting at about $2,000 (depending on the gem quality). Platinum offers many advantages over other metals.
Is it worth buying platinum ring?
If you are planning to buy platinum jewelry as an investment, think again. The consumption of platinum, though on the rise, still isn’t as popular as gold and diamonds in the country. If people want to pick up gold as an investment, they can choose between jewelry, bars, biscuits or coins.
Why platinum is expensive?
The main reason for this is that precious metals are priced by weight, and platinum is much denser than gold, meaning it will be heavier. Another reason why platinum rings are more valuable than gold is because the metal is much rarer.
Do platinum rings hold their value?
Why platinum is expensive than diamond?
ďƒ˜ Platinum jewellery is always more expensive than gold jewellery due to its unique and rare qualities, but diamond jewellery is most expensive of all. Even if the diamond is smaller in weight but of excellent grading, it will still be costlier than gold and platinum being of greater weight.
Is platinum better than white gold for engagement ring?
“Platinum always tends to be more popular than white gold for engagement rings. It is a rarer metal and more durable,” Sachs reveals. There isn’t much of a difference in style between platinum and white gold. However, jewelers usually prefer to work with platinum since it is a more malleable metal.
