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Can platinum be exchanged for gold?
Platinum cannot be exchanged for gold.

Platinum jewelry can only be exchanged for platinum jewelry, not gold jewelry. Because platinum does not have the function of preserving value, it will depreciate after being sold, and gold is not only an important material in the jewelry industry, but also a special currency for reserve and investment. As a reserve of all countries in the world, it has a very important financial position and has the function of preserving value, so platinum jewelry cannot be exchanged for gold jewelry when it is exchanged.

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In ancient times, people all over the world regarded gold as the best travel expense for long-distance travel. By 20 19, gold will still be the world currency.

As long as you have real gold in your hand, banks, jewelers and gold merchants all over the world can convert gold into local currency, and gold can pass around the world unimpeded, and its currency status is more stable than that of the US dollar. In addition, gold is also a recognized asset all over the world, and people all over the world have a * * * understanding of its precious value.

Gold reserves have always been regarded by the central bank as an important means to prevent domestic inflation and regulate the market. For ordinary investors, investing in gold is mainly for the purpose of preserving value under inflation. During the economic downturn, because gold is safer than monetary assets, the demand for gold increases and the price of gold rises.

Baidu encyclopedia-gold

Baidu Encyclopedia-Platinum