Gold vs. Platinum Investment: Which Is the Better Choice
2. Jewelry. Platinum jewelry has long been more expensive that gold jewelry, as platinum was always more expensive than gold. But even with platinum’s price decreasing, the premiums paid versus the metal content of gold or platinum jewelry make jewelry a less than ideal investment asset. 3
Platinum vs. Gold Investments: Which Should I Choose?
Platinum usually traded at a higher price than gold from 1987 until September 2008. Since 2011, the price of gold has exceeded the price of platinum. 3 As of June 7, 2021, gold was trading at $1,897 an ounce compared to $1,175 an ounce for platinum. 4 5. On May 19, 2008, platinum traded to a modern-day high of $2,182 per ounce. 6
Platinum vs gold: where might precious metals fit in your
Jun 24, 2019 Jun 24, 2019 The gold-platinum ratio is the best way to understand the price relationship between the two: if the ratio is above 1, platinum is cheaper than gold, and vice-versa. The chart below shows the daily gold vs platinum chart, representing platinum value vs gold value over the past 5 years. Both gold and platinum are shown in US dollars per troy ounce
Platinum Price vs Gold Price Ratio | 120 Year Chart
Jul 10, 2019 Jul 10, 2019 Platinum has not been this cheap vs. gold since 1907 AD. In other words, in over 110 years, we have not seen platinum values slump this far versus the price of gold.. Here at SD Bullion, we have covered Platinum fundamental investment factors as well as information about supply-demand factors at play today.. South Africa is the major miner of platinum ore in the world
The Missing Ethics of Mining : Ethics & International Affairs
The Missing Ethics of Mining [Full Text] For a special EIA interview between Siegel and journal editor John Tessitore, click here. In the middle of the 1980s the pastoralists of Essakane, Burkina Faso, were dying. Drought gripped the drylands of West Africa, crippling peoples’ seminomadic livelihoods of millet farming and goat herding
Gold vs Gold Miners | BMG
Apr 27, 2016 Apr 27, 2016 Gold in the ground is very different than a gold coin that can easily be transferred from a seller to a buyer. Mining companies are dependent on the price of bullion in relation to fiat currencies. Specifically, if gold is too low in price, a mining company is unable to extract the gold from the ground, because it is uneconomical
Public health implications of changing patterns of
Aug 03, 2017 Aug 03, 2017 While platinum mining in South Africa carries a very low risk of silicosis, about a half of its miners have worked in other commodity sectors , thus carrying their risk factors, including lung silica load and silicosis from gold mining, into the platinum sector. However, the platinum industry is also currently in economic crisis owing to rising
Platinum Mining and Refining | Education
Platinum Processes & Uses. A solid platinum nugget. Image from popsci.com. Nuggets or grains of pure platinum can be found in nature, but more frequently, platinum is found alloyed with other metals, such as iron, copper, gold, nickel, and the other PGMs.The size of platinum grains or nuggets varies from small granules to pebbles weighing up to 20 pounds (9 kg) or more
Platinum Production Cost - How High is too High
The all-in sustaining costs are about $1,110, while the platinum price is about $754 per ounce (as of September 2018). It means that it is importantly below the production costs. It implies that platinum mining is unprofitable right now. Obviously, such a situation can’t go on indefinitely. The investment implication is to avoid investing in
Energy cost of 'mining' bitcoin more than twice that of
Nov 05, 2018 Nov 05, 2018 The amount of energy required to “mine” one dollar’s worth of bitcoin is more than twice that required to mine the same value of copper, gold or platinum, according to a
Quantification of energy and carbon costs for mining
Nov 05, 2018 Nov 05, 2018 In 2017, only Bitcoin mining had a higher EC than copper, gold, PGMs and REOs. Aluminium mining is much more energy-intensive on
'Greening' business ethics in gold mining: Evidence from
Gold-mining activity leaves significant environmental imprint, and, thus, pro-environmental business ethics is expected from the companies of this industry. Consideration of environment in the codes of conduct of 15 world-leading gold-mining companies is examined with two approaches, namely general assessment via scoring by three criteria and
Digging deeper: Mining methods explained | Anglo
Digging deeper: Mining methods explained. Open-pit, underwater, and underground mining. These are the three main methods of mining we use to extract our products from the ground. In this Digging Deeper article, we take a look at these different methods and provide a glimpse into what each involves. Mining is at the heart of our business at
Ethics of Mining Gold: The Social and Environmental
Jun 03, 2018 Jun 03, 2018 The mine in question is owned by an American company, Newmont Mining Co., which was funded in part by the lending arm of the World Bank. In Papua New Guinea, a team of attorneys and environmental scientists reported that many communities living close to gold mines suffer from episodic water insecurity, poor sanitary conditions, and chronic poverty
The Missing Ethics of Mining : Ethics & International
The Missing Ethics of Mining [Full Text] For a special EIA interview between Siegel and journal editor John Tessitore, click here. In the middle of the 1980s the pastoralists of Essakane, Burkina Faso, were dying. Drought gripped the drylands of West Africa, crippling peoples’ seminomadic livelihoods of millet farming and goat herding
