Platinum Bullion

Platinum Appears on the periodic table of elements with its symbol Pt and atomic number 78 just like gold, silver, and palladium. When we trace the history of platinum, its first reference comes in 1557. They described it as "unmeltable" and called it "Platina", meaning "little silver". Even before this, Egyptians and Americans would use a mix of gold and platinum for their jewelry and other decorative items.

Industrial Value especially the automobile industry makes Platinum valuable. The use of platinum in commercial applications spans multiple industries. The use of platinum in the manufacturing of medical equipment as well as in anti-cancer drugs makes it great. Apart from these uses, platinum is also used as a raw material in various machine parts, tools, and jewelry.

The use of platinum to some extent is very similar to silver , but they both face price fluctuation due to different reasons. Sometimes it is very important to consider all these factors to gain maximum from the investment. Geopolitical issues, demand-supply, and inflation are indeed the factors in determining the prices. However, the impact of platinum mining in South Africa, which is over 80% also a major factor in deciding the platinum prices . Moreover, ups and downs in the demand of the automobile industry also create variations in the platinum spot price .

Platinum Bars

You can hold in your hands, one to one hundred ounces of the metal. People often purchase quantities of one, ten, and one hundred ounces. 99.5% pure platinum metal and everyone accepts the purity. A hefty metal, platinum looks like silver.

Platinum Coins

Similar to Gold Coins and Silver Coins , Platinum coins are all minted by government mints. Like any other bullion coin, they also have an assigned face value. If you are someone who likes government issued coins, then these are an excellent way to invest. Although coins tend to be a bit more expensive than bars, investors still opt for the intrinsic value. Due to the metals rarity, they tend to have a lower mintage as compared to Gold and Silver coins.

Why Should You Buy Platinum Bullion?

Platinum bullion may be a way to protect against inflation and economic risks. Platinum will cost more because it is hard to find. The South African country has very few of them, about 80% of the world’s Platinum supply comes from there. Platinum is needed for fuel cells, catalysts, and other things. Platinum prices may go up as environmental restrictions are tightened and technology that uses platinum grows. This "use value" makes platinum more expensive when the economy is stable and growing. Platinum coins may give regular returns and help spread out an investment plan. Diversifying your platinum metal stock may lower your risk and improve your long-term returns. The risk-reward of platinum metal may be good. You can quickly trade platinum for cash. You can buy and sell to make money.Heavy metals are safe investments, but their prices could go up, which means they have a high return on investment (ROI). If you buy something cheap and then sell it for a high price, you can make a lot of money.

Buy Platinum from Au Bullion

Au Bullion is a trusted choice for American investors looking to buy precious metals. We offer high-quality gold, silver, and platinum bullion from renowned mints and refineries. You can check out our collection of platinum bars and coins. Our competitive prices are updated in real-time and shown in USD. As a leading bullion dealer, we pride ourselves on transparent pricing, ensuring you get the best price in the United States of America. With Au Bullion, you can invest with confidence, knowing you are partnering with a dealer dedicated to providing exceptional value and service.