/biz/ - Business & Finance

why is platinum cheaper than gold despite being scarcer? Anonymous Wed Apr 17 13:57:50 2019 No.13356154 [View]
File: 60 KB, 1300x866, 43158641-two-platinum-bars-isolated-on-white-background.jpg [View same] [iqdb] [saucenao] [google]

annual production of platinum is 150-300 metric tons a year while for gold its 3000-4000 metric tons per year.

Despite being more scarce and having nearly the same qualities like not rusting or tarnishing it's worth less.

Is buying into plat bars and coins a meme? Im convinced it is but whats the general opinion here? why are they so worthless?

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