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Can platinum appreciate in the future? Is there room for platinum to appreciate?
In the field of investment, platinum, as a precious precious metal, has attracted much attention. Platinum is widely used, such as jewelry and industry. But many people wonder, can we add platinum in the future? Is there room for platinum to appreciate? Xiaoxi has compiled relevant information for everyone. Come and learn from friends who want to know.

First, can we add platinum in the future?

Platinum is unlikely to appreciate in the future, and there is little room for appreciation.

Although platinum is a rare and precious metal, its supply is relatively stable and there are some reserves in the market. Compared with the demand, the supply is relatively sufficient, which limits the sharp rise of platinum price. Unless there is a shortage of supply or a sharp increase in demand, there is limited room for platinum prices to rise.

In addition, compared with gold, platinum has poor liquidity, less platinum trading and fewer market participants, which leads to small price fluctuation and limits the opportunity of investment return. Therefore, if you choose platinum as an investment, you should comprehensively consider the relationship between market supply and demand, the global economic situation, market liquidity and other factors, and make decisions according to your investment objectives and risk tolerance. & gt> Is it recommended to buy platinum in 2023? Is platinum 990 good or 950 good?

Second, why is platinum worthless now?

Platinum is worthless for several reasons.

1, industrial demand declined.

Platinum is generally used in jewelry, automobile, industry, investment and other fields. The cost of platinum is too high. Now a lot of platinum will be replaced by palladium, and the demand for platinum will be reduced. & gt& gt Choose platinum or gold for your girlfriend's jewelry.

2. Lack of monetary attributes

Platinum has no monetary attribute, only the characteristics of precious metals, which has low international recognition, can not hedge and maintain value, and has small market demand.

3, the recycling price is low

Platinum is a very precious metal with high density and pure white luster. It is often designed with diamonds. Platinum has a higher melting point, energy consumption and technology than gold, but it is precisely because of its high melting point and high hardness that general gold shops do not have the ability to detect and melt platinum, so some gold shops do not support the recovery of platinum. & gt& gt Why do people buy platinum without preserving its value?

These are the answers to whether platinum can appreciate in the future and whether platinum has room for appreciation. Generally speaking, platinum is not the best choice for maintaining and increasing value, and should be purchased rationally.