Platinum is extremely rare and yet constantly present in our everyday lives.
What you should consider when buying platinum
Platinum is rarer and heavier than gold and has a number of exceptional properties: it is extremely corrosion-resistant and, unlike other precious metals, hardly tarnishes - an important reason for the popularity of platinum jewellery. It is also highly reactive and catalytically selective. This makes platinum a raw material for the automotive industry that is still without substitute today.
Although platinum was already been processed into jewellery in antiquity, there were also times when its value was misjudged. In the Middle Ages, platinum was considered a troublesome by-catch in gold mining and was thrown away. The name of the precious metal (from Spanish Palatina, "little silver") also comes from this time.
With GOLDEN GATES you have an experienced, reliable partner at your side for purchasing platinum. Duty-free and VAT-free storage in Switzerland guarantees maximum security. With regular purchases you profit twice: when prices are low we buy more platinum for you and when prices are higher we buy less - this results in your personal average purchase price. Our conditions for purchase and storage are reasonably calculated and 100% transparent.
WHY IS IT WORTH BUYING PLATINUM?
Buying platinum: Applications and industries
1 Buying high-quality jewellery made of platinum is just as much in demand as a luxury item and financial investment as the bullion coins platinum Maple Leaf and American Platinum Eagle, which are still in use today.
2 Platinum is in demand for the production of vehicle catalytic converters (diesel), catalytic converters in fuel cells and large-scale industrial processes (saltpetre production).
3 Because of its good compatibility, platinum is an important raw material in the production of pacemakers, implants and brain probes.
4 Platinum is used wherever highly stressed contacts should not corrode under any circumstances for safety reasons.
„Not only objective factors play a role in the valuation of precious metals. Very complex dynamics are at work here, for which, among other things, the economic situation, the development of interest rates, the export policy of large countries such as South Africa (70% of world production) and ties to the price of other precious metals play a role. Many experts find it difficult to explain the price decline of platinum since its last all-time high, because it cannot be explained rationally.
If you look at the price development of platinum over the long term, it was worth about a third more than gold for a long time - also because it is more expensive to mine. There is much to suggest that this price ratio will be restored in the long term. Since platinum is mainly in demand for the production of catalytic converters for diesel vehicles, a lot depends on the most important key figures from the automobile industry."