Most of the time, people are drawn to shiny, expensive things. Examples of these shiny, expensive things are pure gold. Any person would go crazy if they ever saw one and more so if they owned a gold piece. But what not too many are aware of is there’s a mineral that’s more valuable than gold.
The mineral platinum is considered as the rarest and most expensive rock or metal. It is also known as “white gold” since it shares some similarities with gold, except their colours. If you would like to know more about this rare earth material, here are some known benefits it brings in today’s society.
The shiny jewellery that you see in celebrities, chances are it also has a mix of platinum in those pieces of jewellery. It’s extensively used in many different types of pieces of jewellery, such as necklaces, watches, rings, and any other jewellery you can think of.
The main advantage of having platinum on jewellery is its strength and resistance to tarnishing. This is an essential trait for jewellery because you would always need to retain its value if ever you plan on selling it again.
People who have a ton of money would spend a hundred of thousands on a piece of jewellery, only to find out a few months later that its price has significantly dropped. The chances of you reselling your jewellery with platinum at the same price you bought will be high.
Nowadays, more people are venturing into the investment scheme. They would buy something really expensive and wait it out for a while until the price gradually increases. The same goes for platinum as it is great for investing. The platinum market can sometimes decrease or increase, and at times it can increase so much that you’ll be a rich person by the time you put it out on the market.
Platinum is just one of the many precious metals any person can invest in. There were instances where people would poorly mistreat it for months, and in the end, they would still be able to sell it for a reasonable amount. You can never go wrong investing in this type of metal, which is why it’s perfect for investments.
Saving the Environment
Global warming is slowly taking over the world, and it’s worsening every year because of the many kinds of pollutants in the air. Luckily, platinum is helping to reduce those pollutants by being an essential material for cars. If you don’t know what a catalytic converter is, it’s an exhaust emission that reduces poisonous gasses in any vehicle.
Back when catalytic converters didn’t exist, a ton of smoke was always being belched out by vehicles, and it was significantly damaging the earth’s atmosphere. Thanks to platinum, it’s able to reduce pollutants in vehicles by at least 90%, and that’s a significant help to make the world pollutant-free again.
Even with electric cars slowly invading the automotive industry, drivers still want to drive vehicles with a gas-powered engine. So, it’s no surprise there’s still a high demand for gas-powered cars that have pollutant decreasing features like catalytic converters.
The benefits mentioned are just some of the many amazing things that “white gold” can do for people and the environment. You can never go wrong with owning platinum, no matter what type of form it is.
Jason is the Marketing Manager at a local advertising company in Australia. He moved to Australia 10 years back for his passion for advertising. Jason recently joined BFA as a volunteer writer and contributes by sharing his valuable experience and knowledge.