Platinum More Expensive Than Gold

Indeed, platinum is often more expensive than gold due to its rarity and unique properties. This precious metal commands a higher market value. Understanding these factors is key for investors and industries alike. Maiyam Group, a premier dealer in Kenya, offers insights into these valuable commodities.

Moreover, platinum’s scarcity significantly impacts its price point. It is found in fewer locations globally than gold. Additionally, the extraction and refining processes for platinum are more complex. Consequently, this drives up production costs.