White gold, a mixture of alloys, plated with Rhodium is also used extensively in setting diamond rings. White gold is less durable than platinum, though, and loses its luster sooner. Platinum used in jewelry is ninety five percent pure platinum and five percent alloy. This makes it more durable and suitable for regular use. Platinum is rarer and four times as costly as gold, but still people prefer it to white gold because it is more resistant to wear and tear. Another reason for platinum being a popular choice is that its hypo allergic in nature, and therefore doesn't irritate the skin.
Precious metals offer investors a solid and long term value. People invest in precious metals in the form of actual asset. Some people also invest in precious metals through mining operations. Precious metal investments can be made in coins, jewelry, bullion, stocks or mutual funds. The economic condition of a country does not affect the investment of precious metals. Precious metals act as international currency.
Investors should consider certain factors before investing in precious metals. They are size, security and liquidity of precious metals. The metal products have different sizes and weights. Small sized metal bars and coins are suitable for smaller investments. Dealing of bulk investments should be made with a registered precious metal storage provider. Security is important in investment. Registered storage facilities and banks safeguard your investments. Liquidity is another important factor. Many banking facilities offer 24 hour access to their investors.
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Orignal From: White gold, a mixture of alloys
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