Sometimes people confuse 18K platinum with platinum and think that they are the same type. In fact, only 75% of 18K platinum is made of gold, and its price is determined by gold. Platinum is also in circulation, and the price is naturally the cheapest place of origin. However, because it is an information society, the global platinum price will not differ much. Jewelry and gold are generally different, so are the prices of jewelers, which are generally between 450-550 yuan/gram.
Platinum is very stable at high temperature because of its high chemical stability and corrosion resistance, and its electrical properties are also very stable. It will not oxidize at any temperature, and it is very convenient to make jewelry without deliberate maintenance and oxidation. But because platinum is very rare, and this mineral is only one tenth as big as gold, it is also very expensive. Like gold, the price of platinum will fluctuate greatly. For example, the price of PT950 platinum is 198 yuan today, and it may be 200 yuan tomorrow. Although the increase is not as big as that of gold, the price will change due to many factors.
Let's see what determines the price of platinum, so that when buying platinum jewelry, we can buy the lowest price.
Supply and demand factors
The greater the demand, the more people buy and the higher the price. So this has a lot to do with supply and demand, and also has a lot to do with inventory. Therefore, if there are more ores, the price will fall, and if there are fewer ores, the price will rise.
Brand factor
The price of platinum jewelry of different brands is naturally different. For example, if you buy domestic brands of platinum jewelry, the price is usually not expensive, but if foreign luxury jewelry brands sell platinum jewelry, the price will be much more expensive.
Intellectual property factors
For example, some platinum jewelry is co-produced with other animations, and the price of this platinum jewelry will be much more expensive, so if it is not this IP, it is very unnecessary to buy it.
These are the influencing factors of pure platinum jewelry. If you buy a platinum necklace with precious stones, you need to add the price of the precious stones. Therefore, there is no uniform price for platinum, and the price will change according to different factors.