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Why To Invest Into Platinum

Platinum was discovered and defined quite late than other precious metal, at 18th century, but is more resistant, harder and denser in comparison to gold and silver. It is also rarer due to very limited place of findings and thus more expensive as well.

It is one of the most precious metals in the world. Platinum inventory is not found out properly, but leading analysts estimate that if 5 million cars use platinum fuel cells, global platinum inventory will run out till 15 years. Thanks to rising use of platinum, the mined inventory are moving around 1,25 million tones.

Annually there are only about 200 tones of mined platinum, it is about 7,4 % gold production and only 0,87 % silver production.

                      

Platinum is one the most expensive precious metal in the world. Platinum price is almost twice since its discovery contrary to gold and silver. It is caused its rarity and special features which cannot be replace by any other metal.

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