Hot platinum jewellery once sold, as prices continued to rise, causing many consumers to seek the replacement of relatively cheap kplatinum, which was increasingly favoured in the market。
In recent times, international platinum prices have risen rapidly and have been constantly high, already surpassing $2,000 per ounce this year. The situation at several jewellery stores in provincial cities also coincides with international trends, with pt950 gold jewellery selling at approximately $400/g in 2007, compared to close to $600/g this year。
“the price is too high to sell, and this year's sales will have to drop by 10 to 20 per cent.” on spring road, the chief of several branded jewels told journalists about the situation. The soaring price of platinum jewellery has prompted an increasing number of consumers to change their jewellery varieties, and the volume of kplatinum jewellery is increasing. In many branded jewellery counters, platinum jewellery is becoming smaller and smaller, replacing it with kplatinum jewellery。
Journalists learned that the bulk of kplatin jewellery is not sold by weight and is generally priced on a process basis. But similar jewellery, k platinum is about half its price。
It is understood that platinum is a precious metal that is itself naturally white and is currently the most expensive of all precious metals, and that the platinum jewellery sold on the market is marked by “pt”. And k platinum is a white alloy made of gold and other metals smelted, and k platinum marks gold and purity at its purity。
It is also understood that k platinum is favoured because of the high value of investments. As a member of the gold family, k platinum has the same investment value as gold. And platinum, which does not function as an international reserve, is less valuable than gold。
