Is Platinum becoming Man's Best Friend?

By SiliconIndia   |   Sunday, January 20, 2013
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Platinum Vs Diamonds

Platinum and Diamonds have always been tagged with the rich and famous. While most of us may get fascinated by the shine and glitter of diamonds, platinum is more costly than diamond as platinum is pure metal and diamond prices depends on various factors.

Investing in diamonds needs many precautions as diamonds are available in different physical forms and in the absence of hallmark not every investor can be sure of the purity. While platinum can be easily traded on NSEL in electronic form and the physical delivery is regulated by Platinum guild India.

Investment Opportunities in Platinum

Those who are wondering for a convenient means for investing in platinum, here is the solution. The National Spot Exchange (NSEL) initiated an e-platinum trading podium under its e-series category in 2012. The platform enables investors to buy units of platinum electronically in multiples of 1 gram along with multiple options like selling, retaining and take physical delivery via same platform.

Also Read:
7 Ways Money Can Buy You Happiness
7 Ways Your Brain Doesn't Let You Make Money

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