Monday, April 29th 12:55 PM IST

Platinum best option for men's, women's wedding bands

# platinum  # precious metals  # wedding bands  

As far as precious metals go, investors who in the past have depended upon gold and silver to fill their coffers are now adding platinum to the mix. The popularity of this metal will certainly continue to grow among investors and jewelry lovers alike.

NEW YORK (Bullion Street): Platinum has become a favourite metal for men's and women's wedding bands. Many jewellers have seen a renewed interest in platinum jewellery, thanks to its resistance to corrosion and ability to withstand upto high temperatures, according to an Allurez Jewelry spokesman.

“Platinum has become a favorite metal for its polish, high quality and strength. What people may not know is that platinum, unlike other precious metals, doesn’t cast color onto the stones or diamonds it’s set with. It’s a great option for men's and women's wedding bands for instance; and platinum can really handle bigger, chunkier bands, with or without sapphires, garnets, diamonds, whatever. I guess platinum is so popular because it holds up well with the active lifestyle of the wearer.”The latest news within the platinum market, including articles in Zero Hedge, reveals that the largest miners in South Africa will produce approximately 760,000 ounces less than previous years, due mostly to the closing of a large platinum mine and the rise in operating costs year after year, Allurez Jewelry, which provides information and trading services in precious metals said.

As far as precious metals go, investors who in the past have depended upon gold and silver to fill their coffers are now adding platinum to the mix. The popularity of this metal will certainly continue to grow among investors and jewelry lovers alike.

(With inputs from PR Web)

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