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Platinum
Compared to gold and silver, platinum has lesser financial history but with most use in the constant developments of many industries. As follows, it is considered as money. For its value in the market, basis for investing in such precious metals are as follows:
Economic Store of Value
During the periods of economic uncertainty, platinum with its monetary value is considered as a hedge. But, with its complexity in production, it is less chosen compared to gold and silver. Platinum is relatively scarce in supply, thus, it is traded higher per unit.
Contrasting to the mining of gold and silver, there are only few known deposits of platinum which are found in Russia and South Africa. Because of its scarcity in supply, it is the most priced precious metal.
Supply Scarcity
The price of platinum is unstable, it can go high and doubling the price from gold, or it can even go low if political or economic crisis will happen to where platinum deposits are present. The demand in platinum is higher compared to its supply because of its limited availability worldwide.