Wil platinum ever surpass gold again in price?

Jason, I would never trust this feeling. Form your own opinion. While there are some bright people here, going with a herd mentality is very dangerous. My best investments are usually ones my guts hate, but my head appreciates. While my opinion is that platinum will surpass gold long term due to its much higher scarcity, there is no way of knowing if I am right. Research it yourself.

 

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I am quite certain that Platinum will surpass Gold in price again. Hoever it might take longer than most of us think, since the world economy might stay weak for the coming years.

Most of the Platinum jewelry is very pure: 900 or 950. It also scratches less easily than Gold including white Gold, since it's a very hard metal. Platinum jewelry is becoming more and more popular in China (possible huge future demand)

It is also wrong, that it is solely a industrial metal. 32% is absorbed by the Jewelry industry and 6% by investors. Compare Silver to Plat. Not that much different:

 

As a crustal element, platinum is just so much scarcer than gold. There are huge gold stockpiles all over the world. I was shocked when gold overtook platinum last year. I don't know the economics side of the equation, but since 2009, I buy platinum every chance I can. The hardest part is trying to find it to buy! Sometimes, finding the Canadian platinum maple leaf bullion coins can be a challenge.

 

Platinum is a more DENSE metal, but its not very hard. Trust me, I have own 22k, 18k, 14k, and platinum rings, and the platinum scratched worst than any of the gold alloy rings I have owned.

 

24k Platinum is much harder than 24k Gold.

This is a good read:

http://www.ganoksin.com/borisat/nenam/platinum-durability.htm

18k Gold is 125HV and 29k PSI

 

Not doubting pure PT is harder than AU, but you said Pt was a very hard metal, but in jewelry form it scratches quite easily. In fact, I have never had a piece of jewelry scratch as much as that ring.

 

But this is a factor of the alloy, not the metal. You can take any two platinum rings of any given carat amount, and you can't make a statement about relative scratch resistance until you know what other metals were used to make the alloy in each ring.

 

the gap should extend to $350.00 in favor of gold.

 

Fatima, since you are such a stickler on details, you are incorrect on the reason pure gold is almost never used for jeweler. Gold is not too SOFT, it is too malleable. They are two very different thing. The fact is Gold has just about the same hardness as Silver and Copper, about 2.5 on the MOHs scale. Copper and Silver are just much less malleable.

Mike

 

I have been investing in Platinum for the last five years and never has it been so uncertain. Most of the worlds PGMs are mined in South Africa and Zimbabwe with the industry being on its knees due to land reform and nationalization uncertainties, energy crisis, union labour problems and old processing technologies. When there was confidence in supply, the demand (industry for other uses like in jewelery) drove the price exceeding that of gold, at which the miners could make some money. So, with excalating supply problems the confidence and thus demand slumped, but are still maintaining supply the auto industry. The production cost has rissen to 1400 US/once, meaning miners have to cut projects to stay alive. I believe that the industry is not going to improve soon, but due to project cuts, demand for auto industry could push the price up slightly to the end of year. I am buying.

 

and there it is.

http://www.abndigital.com/page/news...-Month-High-on-Fear-Over-South-African-Supply