Yes, platinum is generally considered expensive.
Why is Platinum Expensive?
Several factors contribute to platinum's high value:
- Rarity: Platinum is rarer than gold.
- Density: Platinum has a higher density than gold.
- Purity: Platinum is often purer than gold when used in jewelry.
- Manufacturing Needs: According to the reference, platinum rings require more platinum than gold rings require gold, increasing the overall cost.
Based on the reference provided, platinum is generally valued higher than gold due to these reasons.
