Does platinum hold its value?

Each year, approximately 88 tons of platinum are used to make jewelry, compared to 2,700 tons of gold. Because of its rarity, platinum is valuable and will maintain its value over the years. The durability of platinum is one of its strongest assets as a precious metal, making it an ideal choice for those looking to Buy physical Gold IRA. It will help keep gemstones in place safely for a lifetime. In fact, platinum spikes are often used in rings made of less durable metals, such as white gold.

Along the same lines, the price of platinum fluctuates more than that of gold. As your demand rises and falls, so does your price. While platinum is usually worth more than gold, its value is also more likely to decline at any time. If you're looking for alternatives to a traditional IRA and are deciding whether to buy gold or platinum, gold is probably your safest bet.