Why are gold and platinum at the same price in pawn shops?

Hello! I work in a pawnshop in Guangzhou.

Gold and platinum are precious metals.

There is a big difference in the price of gold and platinum jewelry in the shopping mall. You can't accept that the price of gold and platinum pawn is similar, can you?

Due to the physical properties of platinum, it is difficult to make jewelry and the transformation cost is high.

Moreover, gold is very soft, and the cost of jewelry is relatively lower than platinum.

Today's international spot transactions, converted into RMB, gold 3 12 yuan/gram, platinum 370 yuan/gram or so.

But what about shopping mall jewelry? Gold jewelry is about 400 yuan/gram, and platinum jewelry is about 600 yuan/gram (the price varies slightly according to the brand and color).

It is precisely because of the high processing cost of platinum that the retail price is expensive.

So buying gold is cost-effective, but according to personal preferences, many people think platinum is more beautiful and fashionable.

In addition, gold has another function: it can be used as the currency circulating in the world, but platinum can't.

So at present, in pawn shops, the prices of gold and platinum are similar, which is normal.

I hope I can help you (* _ _ *)