Cryptocurrency Q&A
Why are platinum coins more expensive than silver coins?
Why are platinum coins more expensive than silver coins?
Raffaele
Thu Nov 14 2024
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6
answers
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I am wondering why platinum coins cost more than silver coins. Is it because platinum is a rarer metal, or does it have some other special properties that make it more valuable?
6 answers
CosmicDreamWhisper
Sat Nov 16 2024
Platinum coins hold a higher value compared to silver coins.
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ShintoSanctum
Sat Nov 16 2024
This is attributed to their scarcity and the significant demand they face in various industrial applications.
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Lorenzo
Sat Nov 16 2024
The pricing of both platinum and silver undergoes frequent fluctuations.
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Martino
Fri Nov 15 2024
These changes are influenced by various factors, including the supply and demand dynamics in the market.
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Pietro
Fri Nov 15 2024
Economic indicators and overall market conditions also play a crucial role in determining their prices.
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