Gold rings only cost slightly more than the cost of the actual gold in them, implying that they are easy to make. Platinum rings cost far more than their material costs, which implies that they're very costly to make. Any idea why?
2006-06-28 06:02:31 · 10 answers · asked by Nick N 5 in Beauty & Style ➔ Fashion & Accessories
So far Eva's answer is the only one that makes sense. The cost of the platinum itself already reflects the rarity of the material, it shouldn't impact the actual labor costs, which seem siginificant.
2006-06-28 06:13:00 · update #1
It's the difference in the casting process. Platinum is a fickle when casting into jewelry, and it takes a true expert to do it with any degree of success. The end product is stronger than that of gold.
White gold on the other hand gives you the same basic look and is less costly.
2006-06-28 06:09:25 · answer #1 · answered by Eva K 2 · 3⤊ 1⤋
When dealing with precious metal(s) Platinum is more durable, than gold. Gold has different recipes(Added material for cwt., and color. Zinc is added to make Green colored gold, Copper for Rose gold etc..) The cost of finding and mining also contributes to the cost. Labor extensive. Platinum being a dense metal becomes an Heirloom for future generations.
2006-06-30 17:21:00 · answer #2 · answered by Anonymous · 0⤊ 0⤋
Platinum is one of the most precious metals on the earth. It weighs more than gold and is less hollow. Also it takes less care to take care of than gold.
2006-06-28 13:08:06 · answer #3 · answered by badmane 2 · 0⤊ 0⤋
Hi, my name is Hank. The answer is market forces. Platinum is the preferred metal Gangbangers use to have their "grilles" created from.
Hank Feral
2006-06-30 18:21:13 · answer #4 · answered by Anonymous · 0⤊ 0⤋
because platinum is much more rare and they can. It takes longer and more special environment to develop in. The rarer something is the more expensive its gonna be.
2006-06-28 13:05:53 · answer #5 · answered by flyer 3 · 0⤊ 0⤋
Because its a harder material to work with and its also much rarer and it also is meant 2 b scratch resistant.
2006-06-28 13:35:13 · answer #6 · answered by Chloe M 1 · 0⤊ 0⤋
this is because platinum is more rare and better material than gold and sliver. you rather buy it.
2006-06-28 13:07:06 · answer #7 · answered by Anonymous · 0⤊ 0⤋
they're very labor intensive to make, and the harder somebody has to work, the more they want to get paid
2006-06-29 18:35:32 · answer #8 · answered by Richard H 7 · 0⤊ 0⤋
paltinum is one of the expensivest materila in the world so the objects made by it, also...
2006-06-28 16:22:56 · answer #9 · answered by zzziana 3 · 0⤊ 0⤋
because supply and demand
2006-06-29 18:37:44 · answer #10 · answered by Juan B 2 · 0⤊ 0⤋