Is Platinum becoming Man's Best Friend?


Bars and Coins

Investors can also stock up the metal in the form of coins, platinum bars offered by various nationalized banks and private banks and dealers. These bars, coins etc are available in various weights starting from 1 gram to 100 grams but every investor must check for the purity of the metal and vendor authentication.

Platinum Futures Contract

The price of platinum varies down with its supply and demand. During the time of a sustainable economy the price of platinum tends to shoot up and become twice the price of gold. But the same rolls down because of reduced demand, falling below the price of gold.

Though platinum prices are low and seems cheaper than gold now but it is predicted that the prise will touch astronomical heights once aging after the economy comes back on track. Therefore this period is considered to be platinum moment to invest in platinum.

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