What was the price of platinum in 2010?
Platinum Prices – Interactive Historical Chart
| Platinum Prices – Historical Annual Data | ||
|---|---|---|
| Year | Average Closing Price | Year Low |
| 2010 | $1,611.51 | $1,475.00 |
| 2009 | $1,205.79 | $844.00 |
| 2008 | $1,571.04 | $763.00 |
What was the gold rate in 2010 December?
Historical gold rate trend in India
| This chart contains the average annual price for gold from 1964 – present. | |
|---|---|
| Year | Price (24 karat per 10 grams) |
| 2010 | Rs.18,500.00 |
| 2011 | Rs.26,400.00 |
| 2012 | Rs.31,050.00 |
What is the value of platinum per gram?
The default representation of Platinum price is usually in Troy Ounces, but above we give the option to show Grams and Kilograms as well….Login.
| Metal | Price Per Ounce | Price Per Gram |
|---|---|---|
| Platinum | $1,081.00 | $34.755 |
Is it good to buy platinum?
Investors may consider platinum over gold. If gold rally continues without a breather in 2021 again, platinum prices may shore up. Mine production is likely to return to normal in 2021 but still may be below the average annual supply from 2015 to 2019, according to WPIC.
Is platinum a good investment now?
Platinum is also rarer and harder to mine than gold since it is found deeper in the Earth’s core. This combination of short supply and broad demand should make for a lucrative investment opportunity, but investing in platinum is not for the faint of heart.
Is it better to buy platinum or gold?
A big reason platinum is thought by many to be more valuable than gold is that the latter is, more often than not, priced lower. Prices for gold and platinum tend to track each other quite closely, but, generally speaking, gold tends to be less expensive than platinum most of the time.
Is platinum worth the extra money?
This can get expensive over time. Because platinum is denser, it is up to four times stronger than white gold. It is less likely to bend, scratch, or dent. If you are hard on your rings, platinum may be the best option for you.
What’s worth more than platinum?
Palladium is currently the most expensive of the four major precious metals – gold, silver, platinum and palladium. It is scarcer than platinum, and is being used in great quantities for catalytic converters in cars.
Can Platinum be pawned?
Precious metals are a fantastic item to pawn in any form. Gold, silver, and platinum are always in high demand and can snag you a hefty payout, especially if you decide to pawn or sell at Precious Metals Refinery.
How much can I get for platinum ring?
Then we find the market price of platinum, which changes daily. According to CNN Commodities Prices, platinum is $1,538.70 USD per troy ounce. Based on this, the melt value of your 95% platinum rings is about $1,060. Typically we can return 70% of the fine platinum value based on the weight and market price.
Does Platinum lose its value?
The price of platinum changes along with its supply and demand; during periods of sustained economic stability and growth, the price of platinum tends to be as much as twice the price of gold; whereas, during periods of economic uncertainty, the price of platinum tends to decrease because of reduced demand, falling …
How much is 3 grams of platinum?
How Much is 3 Grams of Platinum Worth?
| 3 Grams of Platinum is Worth | |
|---|---|
| U.S. dollars (USD) | 108.73 |
| Euros (EUR) | 91.95 |
| British pounds (GBP) | 78.49 |
Why Platinum is expensive?
Platinum is an expensive metal commonly found in jewellery, however, the rare metal rhodium holds more value. Platinum is the second highest valued metal. Platinum is denser, and thus more material weight is needed to produce the same ring than from white gold. Platinum alloys used in jewellery are purer.