whats the diffrence between Silver and Platinim?

Question

Which one is better?? Why??

Answer 1

Oh, about $1250 an ounce.

Precious metals are tricky. There is the practical value of the material itself, and the assumed value added because of world uncertainties as gold and silver especially have a trading following more interested in the metals as a monetary store of value. In this latter case, the precious metals have a traditional preference order: gold, silver, and then platinum. Each have industrial uses, however, that form the floor of calculations in determining the metal's value.

Futures is pretty tricky. Please explore and read up on them, but don't plunk down real money until you've had some time of study and practice. If you think you might want to fork over a few farthings for such futures, give my friend Oren Basse a call at Lind-Waldock (and no, I'm not Oren): [e-mail]. Good luck.

Answer 2

I liked the $1,250 answer the best so far... but... everyone is missing the central points of:

Why do you ask?
For what purpose(s)?

For investing in the stock market?......then to buy into an index heavier in one metal than another? or an individual company that mines primarily one metal more than another.

Each metal has different uses....industrial/commercial...and "retail".....you could be asking from a QVC perspective...or some other "shopping" infomercial. Silver is cheaper to find, refine, and produce...and much more in "everybody" typeso uses.... Platinum is rarer, stronger, more prestigious (rings) and more expensive to buy, etc.

Are you looking to invest off of this information? If so, refine your question a little more.

Are you looking for an answer for "homework"...then say so and "also" be more explicit in what would determine "better" in your eyes...etc.

Answer 3

Below are their chemical and atomic properties, you can see they are quite different. Better is in the eye of the beholder.

Name: Platinum
Symbol: Pt
Atomic Number: 78
Atomic Mass: 195.078 amu
Melting Point: 1772.0 °C (2045.15 K, 3221.6 °F)
Boiling Point: 3827.0 °C (4100.15 K, 6920.6 °F)
Number of Protons/Electrons: 78
Number of Neutrons: 117
Classification: Transition Metal
Crystal Structure: Cubic
Density @ 293 K: 21.45 g/cm3
Color: silverish


Name: Silver
Symbol: Ag
Atomic Number: 47
Atomic Mass: 107.8682 amu
Melting Point: 961.93 °C (1235.08 K, 1763.474 °F)
Boiling Point: 2212.0 °C (2485.15 K, 4013.6 °F)
Number of Protons/Electrons: 47
Number of Neutrons: 61
Classification: Transition Metal
Crystal Structure: Cubic
Density @ 293 K: 10.5 g/cm3
Color: silver
.

Answer 4

Platinum is much more expensive than silver. They are very similar in color. I would go for platinum and it would appreciate in value as time goes by, think of it as an investment too.

Answer 5

Platinum. It is denser and harder substance. Silver can easily bend, dent, etc.