Chennai: Platinum, now trading around $1,100 an ounce, is up 15 per cent in the past 12 months, but has lagged behind gold, silver, and other platinum-group metals, such as palladium and rhodium, in recent years. However, experts say the prices are poised to bounce back.
Platinum Guild International (PGI), an organisation with the vision to develop
the global platinum jewellery market as a new demand source for platinum, works globally with collaborative partners running extensive programmes in the four main platinum jewellery markets of China, Japan, USA and India.
For instance, to mark the Valentine’s season, Platinum love bands have been unveiled. ‘Crafted intricately in platinum, these love bands include diamond motifs, firmly held in place,’ it says.
PGI has partnered with TUV India Pvt Ltd to implement a robust audit programme to
ensure the purity of platinum under its programme.