By using this site, you agree to the Privacy Policy and Terms of Use.
Accept
The Arabian NewsThe Arabian NewsThe Arabian News
  • Home
  • Business
  • Exclusive
  • Technology
  • Wellness
  • Real Estate
  • Contact
Reading: Thinking about selling your platinum jewellery? Here’s why finding a buyer could be challenging
Share
The Arabian NewsThe Arabian News
  • Politics
  • Pursuits
  • Business
  • Technology
  • Home
  • Business
  • Exclusive
  • Technology
  • Wellness
  • Real Estate
  • Contact
Follow US
  • Advertise
© 2022 Foxiz News Network. Ruby Design Company. All Rights Reserved.
The Arabian News > Economics > Thinking about selling your platinum jewellery? Here’s why finding a buyer could be challenging
Economics

Thinking about selling your platinum jewellery? Here’s why finding a buyer could be challenging

admin
SHARE

Selling platinum jewelry can be quite challenging. It often presents obstacles that aren’t as evident when selling gold or silver. Even though platinum is considered a premium metal, the resale market doesn’t always reflect its higher value.

In Dubai and various other markets, the resale price of platinum is often lower than anticipated. This is mainly due to limited demand and a smaller pool of buyers who understand its true worth.

Rochelle Mariam, a precious metals retail analyst in Dubai. She said, “While platinum is typically valued higher than gold because it is rarer and denser, this doesn’t always lead to higher resale prices”.

She further said, “Many consumers are simply more accustomed to gold and silver, which influences their willingness to pay a premium for platinum.”

Platinum does not have a higher resale price. It shows the rarity of this metal as compared to gold and silver.

You Might Also Like

Dubai Police Arrest Brazilian Fugitive Accused of Global Football Match-Fixing and Fraud

World Leaders Applaud Donald Trump’s Return as He Declares Victory in US Election

Sharjah’s Oldest Majlis: A 200-Year-Old Community Hub for Retirees

Foggy Morning Weather in Abu Dhabi: Alerts Issued for Residents

Bahrain’s Alba Set to Shine in Europe: Multi-Billion Dollar Merger with Saudi Maaden to Reshape Global Aluminium Market

TAGGED:Abu DhabigoldplatinumSharjahsilver
Share This Article
Facebook Twitter Email Print
Previous Article If there was a fee associated with selecting your preferred credit card rewards, would you pay the fee?
Next Article Send Money Home Smarter: Save More by Delaying Remittances Until the End of November!

Popular News

alt="In China's First AI Match, Robot Football Players Fight—Tumbles and Injuries Occur"
In China’s First AI Match, Robot Football Players Fight—Tumbles and Injuries Occur
Technology
alt="Skincare Titan Kim Byung‑Hoon Hits Billionaire Status Thanks to Beauty Tech"
Skincare Titan Kim Byung‑Hoon Hits Billionaire Status Thanks to Beauty Tech
Wellness
alt="Dubai leads the luxury real estate boom, surpassing Miami, Phuket, and London"
Dubai leads the luxury real estate boom, surpassing Miami, Phuket, and London
Exclusive
alt="As the "Jamrat Al Qayth" season begins, the UAE prepares for scorching heat"
As the “Jamrat Al Qayth” season begins, the UAE prepares for scorching heat
Exclusive

Recent News

  • Dubai’s Best Summertime Remote Work Cafés with Unlimited Brews and Skyline Views
  • Prypco Blocks Opens New Era With First Dubai Property Exit
  • From AS Roma Pitch to Centre Court: Cobolli Stuns With Talent
  • Houthis Sink Cargo Ships, Kill Sailors, Kidnap Crew in Red Sea
  • Zayed National Museum Opens December, Showcasing 300,000 Years of Heritage
The Arabian News

Quick Links

  • Home
  • Business
  • Real Estate
  • Contact

Featured Categories

  • Real Estate
  • Wellness
  • Politics
  • Economics

Find Us on Socials

© 2024 The Arabian News. All Rights Reserved.
Welcome Back!

Sign in to your account

Username or Email Address
Password

Lost your password?