Wednesday, December 5, 2018

Know about the One of The Rarest metal Used in jewelries.

Platinum is one of rarest and one of its kind metals. It is highly ductile, malleable, highly uncreative and silverfish white metal. It is one of the rarest metal in earth's crust.  It is one of the least reactive metals. It has remarkable resistance to corrosion even at high temperatures and this is therefore considered as one of the best metals. It is used in catalytic converters, laboratory equipment, electrical contacts and electrodes, and jewelries. Being a heavy metal, it leads to health problems upon exposure to its salts, but due to its corrosion resistance, metallic platinum has not been linked to adverse health effects. Compounds containing platinum are applied in chemotherapy against certain types of cancer.



Due to its limited availability, there are fewer buyers of platinum. But there are many buyers of gold, silver and many more who provides Cash for jewelry, cash for gold and for other metals also. 
Pure platinum is silver-white in appearance. Its physical characteristics and chemical stability make it useful for industrial application. Its resistance to wear and tarnish is well to use in many pieces of jewelry industries nowadays. Large platinum deposits are present in the state of Tamil Nadu, India. 

Of the 218 tons of platinum sold in 2014, 98 tones were used for vehicle purposes. It is a precious metal commodity.  Coins, bars and ingots are traded or collected. Platinum finds use in jewelry, usually as a 90-95% alloy due to its chemical properties. In watchmaking, Vacheron Constantin, Patek Philippe, Rolex, Breitling and other companies use platinum for producing their limited edition for producing their limited edition of watch series. Watchmakers appreciate the unique properties of platinum, as it neither nor wears out. Due to these unique properties, there are traders in the market who buy back old Rolex watches. So as named its one a kind metal.

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