Quote:
Originally Posted by Bryano1028
Platinum actually costs much less than Gold right now, it’s just a much harder metal to work with, hence the cost premium in jewelry.
Gold p/ounce: $1,867.48
Platinum p/ounce: $1,048.39
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Actually when making watch made up of platinum it needs more platinum to make a platinum watch compare to gold.
25% is loss when you melt a platinum to make a watch hence thats why platinum watch are more expensive than gold watches. Thats why ven gold is more expensive per oz, but you lose a lot in the process when platinum is used.
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