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5 oz Minted 999.5 Platinum Bar

Bullion | 999.9

These bars are highly collectable and quite rare in the UK, bought by collectors & investors.

 

£4,161.66 ex. VAT - £4,993.99 inc. VAT

Out of stock

SKU 5oz Paltinum Bar Categories , , , , ,

Description

Platinum is also usually more expensive than gold.

Why is platinum more expensive than gold? More than 1,000 tons of gold are mined every year, but only a little over 150 tons of platinum are mined in a year. This scarcity makes platinum more expensive than gold most of the time.

Platinum holds its value due to its rarity as a precious metal. While gold is a more commonly used precious metal for jewellery, the annual consumption of platinum creates a high demand and maintains its value over time.

(Demand for platinum coins and bars is expected to surge by 49% in 2023, according to a new report, with a wider choice of coinage available to investors and collectors. 

According to the World Platinum Investment Council, demand for the precious metal will reach a three-year high, with manufacturers in Europe and North America increasing production to meet demand).

Additional information

Material

Platinum

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