When one is asked : Diamond vs Platinum, which one is more expensive ? Many will vote for Diamond as it takes high pressuration with long formation years to transform carbon to a crystal clear, sparkling diamonds.
Less known to many, most of the world platinum come from South Africa and Platinum are widely use in automotive industry, electronic and oil refineries. Platinum are used in catalytic converters in the new cars, that convert the poisonous exhaust gas into water and harmless substances. It is also use as catalysts in oil refinery, chemical industries, hard disc, computer monitors, electronic instrumentation as well. Do you know that automotive industry consume about 50% of world platinum demand while jewelry industry only account for 20% of world platinum consumption ?