If you’ve been paying attention to financial news, then you know that gold prices have reached record highs over the past few years. This is not uncommon in a sluggish economy as people lose faith in the value of the dollar, but it has also affected the price of gold jewelry. In some ways this has helped sell more gold, as its “perceived value” has gone up. But in other ways it has generated more interest in platinum, specifically mens designer platinum rings.
Platinum is known to be the most valuable of all the jewelry metals, not just for its natural brilliance and beauty, but because of how rare the metal is. As long as demand remains high for platinum, it is also expected to remain the most expensive. While the mens designer platinum rings sold at your favorite jeweler may not be affected by daily price changes in the global metals market, there is no reason to believe their prices will go down anytime soon. So is it worth the extra money to buy a designer platinum ring?
First, let’s take a look at what makes platinum so unique. Over the centuries, platinum has been considered a metal that is “fit for a king” because of how rare it is and how much more durable it is than gold. But platinum isn’t only used in men’s and women’s jewelry; one third of all platinum is used by the automotive industry. It is also seen quite frequently in dental equipment and electronics. Like gold, it doesn’t corrode easily, but it has a much higher melting point.
Another unique characteristic of platinum is how it doesn’t expand much when it gets hot, so it is not nearly as malleable than gold. This may explain why you will rarely see mens designer platinum rings with intricate carvings or designs. In most cases, the collections of men’s platinum rings you will find at a jeweler will be formed into a simpler shape.
How do mens designer platinum rings stack up next to 18K gold? For starters, platinum rings are more durable than gold, which means they are better suited for active men who are hard on jewelry. It has a very attractive and brilliant white color that looks great against any skin tone, and it is also hypoallergenic. If you want a ring that will last and last, and you don’t mind spending a little more for it; then platinum is worth the extra money. Don’t forget; you will be wearing this ring every day for many years to come.
While it’s true that mens platinum rings are more durable, a polished platinum ring will still have the tendency to scratch. As a result, it may require a bit more maintenance than industrial metals like titanium or tungsten.
Pricewise, mens designer platinum rings will probably set you back a bit more than designer gold rings; simply by virtue of the rarity of platinum. Increased demand for platinum from various industries also contributes to its higher price, so unless another major source of platinum is discovered, it will continue to be pricey. But as gold prices continue to rise, the difference between gold and platinum will make it less of a “leap” to buy platinum. Mens designer platinum rings are an excellent way to celebrate the commitment of a lifetime.