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About: Platinum as an investment     Goto   Sponge   NotDistinct   Permalink

An Entity of Type : yago:WikicatPreciousMetals, within Data Space : dbpedia.org associated with source document(s)

Type: yago:Abstraction100002137yago:Assets113329641yago:Currency113385913yago:MaterialResource113353156yago:Measure100033615yago:MediumOfExchange113372961yago:Possession100032613yago:PreciousMetal113371489yago:Relation100031921yago:Standard107260623yago:SystemOfMeasurement113577171yago:Treasure113370669yago:Valuable113371030yago:Wealth113353280yago:WikicatPreciousMetals New Facet based on Instances of this Class

Platinum as an investment has a much shorter history in the financial sector than gold or silver, which were known to ancient civilizations. Experts posit that platinum is about 15–20 times scarcer than gold, on the basis of annual mine production. Since 2014, platinum rates have fallen significantly lower than gold rates. More than 75% of global platinum is mined in South Africa.