Today Daily Platinum Rates And Pricing
According to the Commodity live market applicable for Traders and investors check the platinum rates today(10.01.2022) Check out the live prices now
In terms of Jewellery Platinum is the rarest metal in the world Traders and investors consider Platinum as an important commodity A rising price graph for Platinum is given below
Today Platinum Rates
| Weight | Price in Rupees (INR) |
| 1 Gram | 3114 |
| 2Grams | 6228 |
| 5 Grams | 15570 |
| 10 Grams | 31140 |
| 1 Ounce | 96856.23 |
| 1 Kilogram | 3114000 |
Platinum belongs to the family of precious metals including Gold, Silver, etc, and is an important commodity. Platinum is a combination of Nickel and Copper mining and it is just a fraction as compared to Silver and Gold
The rate of Platinum always go high in graphs because of the increase in demand of this commodity Instead of the mutual funds which in returns give no guarantee investors always prefer commodity market
Factors that Affect Platinum Rates
As Platinum is preferred and in-demand metal high rate of Platinum metals is due to some factors
- Mining In South Africa:
The prices change according to the South African market based on their regular production as Platinum is being mined in South Africa
- Technological Development
A major portion of Platinum is being used in buildings as the electric vehicles have developed This makes the need Hig demand Platinum even higher
- Change in Gold Prices
Prices of Gold are increasing sky high these days Thus platinum is now preferably being considered in Jewelry making
Is it good to invest in Platinum?
Yes, Platinum prices and demand are increasing day by day as it is an important commodity. You would get a lot of profit if you invest in Coins or platinum bars
Is Platinum metal preferred in Jewelry?
Being in high demand in the commodity market Platinum is considered more suitable for making Jewelry The jewelry is in trend and you will never bear a loss after buying it
Which metal is more precious Gold or Platinum?
Platinum is more costly than gold so it is considered more precious these days. Platinum being a rare metal is always in demand within the market and not easily available
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