What’s so not good about platinum plated jewelry?

You could spend a lot buying platinum jewelry relatively but get little when selling and recycling them.

Platinum is the rarest precious metal in the world with very few reserves in nature, and is even rarer than gold.

The more rare the more precious. Its rarity is one of the reasons why the price of platinum is higher than that of gold. The density of platinum is very high thus it can remain as lustrous as ever in extreme environments. It is often used for matching diamonds.

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In terms of jewelry, this is a major advantage of platinum, but this feature also leads to a higher melting point, more energy consumption and more complicated processing technology than gold, and its price is naturally higher than gold. Investors buy platinum at a high price, only to attain a low acquisition pricing, which is one of the main reasons why platinum does not maintain its value.

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The recycling of platinum jewelry is not popular in the industry. Many gold stores and jewelry stores do not accept it.

Because the melting point and hardness of platinum are high, making it quite hard to reshape it, and it is difficult for general gold stores to detect platinum, so many gold stores are not available for platinum recycling because they are not sure whether the platinum is real or not.

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The reason why gold is regarded by ordinary people as a tool for preserving property and avoiding risks is that gold is not only a precious metal, a symbol of wealth, but also an international currency with monetary attributes.

Especially when inflation occurs, people are inclined to buy gold to avoid shrinking wealth, while the case is different for platinum.

It does belong to international currency, indicating the low international recognition of platinum, so the value preservation of platinum is far inferior to that of gold.