Look at today's information. Platinum is now nearly 500. During the Spring Festival holiday, platinum has far overshadowed gold. After hitting a new high for eight consecutive trading days, as of press time, the price of platinum per ounce has reached $65,438 +095 1, only one step away from $2,000. After the platinum in Nanjing rose once before the Spring Festival, plus the manual fee, the current price has reached about one gram of 500 yuan. "It will rise after the Spring Festival, and the price of raw materials is too high!" A jeweler in Nanjing said yesterday. The price hit a new high for eight consecutive days. During the Spring Festival, platinum prices hit a record high for eight consecutive days. Three weeks ago, the price of platinum was about $0/500 per ounce; Three weeks later, the price reached $0/95/kloc-0 per ounce, up nearly $450, or 30%, far exceeding that of gold. "As the Shanghai Gold Exchange is closed, the current domestic platinum price is 429.8 yuan per gram, and the international platinum price should be around $0/860 per ounce. According to yesterday's international platinum price, as soon as the market opens tomorrow, the platinum price of Shanghai Gold Exchange will have to rise a lot. As soon as they go up, we have to follow them up. At this rate, I still don't know when it will end! " Said the jeweler. According to the investigation in Nanjing jewelry market yesterday, the average price of platinum jewelry is around 470 yuan per gram, and some of it has exceeded 500 yuan per gram. It is reported that the lowest price of platinum in the 200 1 Nanjing market is more than 30 yuan per gram/kloc-0. With the soaring price of platinum, the reporter also found that in the past, only one jewelry store in Chow Tai Fook priced platinum jewelry by piece, and now more jewelers began to price platinum jewelry by piece. In the central shopping mall, many brands of platinum jewelry are no longer sold by the gram, and the specific price per gram is not seen on the price tag. Sales staff said that the purchase of platinum jewelry is mainly based on wearing, and attention should be paid to its added value of technology and art. A salesperson at Chow Tai Fook's counter said that in addition to raw material costs and processing fees, they also have to add their own brand and design fees, so the average price is higher than when they sell them 10 ~ 20 yuan. Even silver was inferior before. Although platinum is so beautiful now, it was not as good as silver before, and it was even "sent back" to the sea. In Nanjing, the owner of a jewelry company that has been operating gold jewelry for many years, the reporter heard such a story. It is said that in the early16th century, a Spanish expedition discovered a gold mine in the Pinto Valley in South America. In the process of gold mining, the Spanish found that there is a heavy metal like silver associated with gold, but this damn white metal called "platinum" has a higher melting point than silver and is difficult to extract, which brings trouble to gold production, especially when extracting gold from gold mines. As a result, the Spanish recovered platinum as an accessory product of gold production and shipped it back to China. They sold it to the local jewelry workshop at a much lower price than silver. At that time, it was more difficult to find an honest jeweler than a rooster that laid eggs. Jewelers call platinum "inferior silver" and mix it with gold and silver to make fake gold and silver containing platinum for sale, so that deceived customers can buy ropes to hang themselves. Treacherous people with faster brain processors will mix "fake silver" with gold and silver, cast fake gold coins and fake silver coins and put them on the market. This time, the drama continued, and the financial market was in chaos. Some people took advantage of the fire to rob, and some people cried and called their parents. "Grandma's bear!" The King of Spain flew into a rage, ordered that these "inferior silver" be prohibited from returning from South America, and launched a mass movement nationwide with great fanfare: looking for this "inferior silver" and loading it on the ship. Then, select representatives from the public to supervise the ship to go to sea. What are they going to do? Instead of exporting these "inferior silver" to a hostile country to disturb its financial market, they carried out a very funny task: dumping all these priceless platinum into the ocean, so that they will never turn over in the eighteen layers of hell! It is understood that the international platinum price 1999 was only $360/oz, which was $600/oz in 2000, rose to $800/oz in 2003 and exceeded 1000/oz in early 2006, and now it has reached195/kloc-0. China is a country with scarce platinum resources. With the economic growth of China, the consumption of platinum jewelry is also rising. The contradiction between the strong demand for platinum and the scarcity of domestic platinum raw materials will inevitably require a large number of imports. Platinum is mainly produced in South Africa and Russia, and is widely used in jewelry, automobile, petroleum, chemical industry, national defense and other fields. The buying storm triggered by speculators and long-term investors has led to an increase in platinum prices, and long-term industrial platinum demand has remained at a high level. In addition, in addition to gold futures, the rise of platinum was mainly stimulated by the news of supply shortage in South Africa. Due to the power shortage in South Africa, the production of major gold and platinum mines was suspended. It is expected that floods and power outages in the next two weeks will seriously affect platinum production and lead to a decline in production this year. South Africa's platinum production accounts for 78% of the global total production. This news has a great influence on the market. Speculative funds and traders' buying have greatly pushed up the price of platinum. It is said that long before the power supply crisis occurred in mines in South Africa, the market predicted that platinum would still be in short supply this year. The purchase of speculators, investors and industrial users has pushed up the price of platinum. As the power supply problem will last for several weeks, the price of platinum will soon stand at $2,000. Further reading, platinum is 35 times rarer than gold. The purity of platinum jewelry is generally 95%, while the purity of 18k gold is only 75%. No metal can be completely pure, and there are impurities mixed with other metals. Platinum has almost no impurities, and its purity is extremely high. It will not fade and change color, and it can still maintain its luster over time. The pure white luster of platinum can well reflect the true light of diamonds. It provides the best base for precious jewelry, and also sets off the natural yellow luster of gold. The purity of platinum is also very suitable for skin, because unlike impurities contained in other metals, platinum does not cause allergic reactions. Platinum is 35 times rarer than gold. In the world, it can only be mined in a few places, mainly South Africa and Russia, as well as a few areas in Zimbabwe, Canada and South America. Only 88 tons of platinum is made into ornaments every year, while 2700 tons of gold. It takes eight weeks to produce 1 oz (3 1. 1 g) platinum, and it consumes 10 ton of ore to produce the same amount of gold.