Can I sell platinum in India?
The platinum market is at a very nascent stage today. Very selective jewellers are selling platinum in India, hence the buy back policy is not as flexible as in the case of gold. You can exchange it for jewellery only from the same store/brand you originally purchased from.
How can I buy platinum in India?
There are four ways you can invest in the platinum market globally. In India, however, you have only two options—platinum bullion, coins or jewellery and futures trading on a commodity exchange. You can purchase bullion and coins from various centres such as banks and authorised dealers.
Does platinum have resale value in India?
“Since the domestic demand for platinum is only 2%-3%, not much platinum trading happens in India. Platinum also has poor resale value as only a limited number of shops buy it back. Besides, compared with gold jewellery, making charges, close to Rs 500 per gram, are much higher for platinum jewellery.
What the most expensive metal?
What is the most expensive metal in the world?
- The most expensive metal in the world is Californium.
- Of far more practical application than californium and second to it, rhodium is the second-most expensive metal.
- Iridium is one of the rarest naturally occurring elements, which accounts for its high price.
What kind of metal does Hindustan platinum use?
Hindustan Platinum, being renowned fabricators of Platinum group metal alloy components used by the glass industry, we lend our services to the container glass industry, the float glass industry, the tube industry]
How much platinum is produced in the world?
Terence Bell is a former writer who has been involved in the rare earth and minor metal industries for over 10 years. Annual global platinum production exceeded 8 million ounces a year as of fall 2017.
Where are platinum mines located in the world?
The assets of Anglo American Platinum Limited (Amplats) consist of 11 managed mines across South Africa and in Zimbabwe that together produce nearly 2.4 million ounces of platinum annually, worth more than $2.2 billion in fall 2017 prices.
Who is the leading supplier of platinum labware?
Hindustan Platinum is a leading supplier of extensive range of Platinum labware globally. We fabricate Platinum alloy crucibles and dishes, that play a vital role in R&D laboratories. Our proficiency in the production process allows us to customize our products, according to the needs of our customers.