Platinum Wedding Rings

Click here for our dedicated Platinum Wedding Ring Website: PlatinumWeddingRing.com.au

It's a great time to buy platinum jewellery. The current cost of a platinum ring in 2018 should be around 30% more than the price of an 18k White Gold Ring.

Platinum wedding rings are a popular alternative to white gold wedding rings. We use 950 platinum alloy which means 950 parts per thousand is platinum and the remaining 50 parts per thousand is made up from other precious metals in the platinum family, ie 95% pure. This is the industry standard.

Platinum wedding rings can be ready in 10 working days.

Platinum Ring pricing

Currently a platinum 950 wedding ring will cost about 30% more than the 18k white gold price

Some examples:

18k white gold ring price $300 ==> platinum ring price about $390
18k white gold ring price $400 ==> platinum ring price about $520
18k white gold ring price $500 ==> platinum ring price about $650
18k white gold ring price $700 ==> platinum ring price about $910

Why do Platinum Wedding Rings cost more than 18k White Gold Wedding Rings?

           There are a number of reasons:

1. Pure platinum currently costs less than pure gold as a raw material - but Platinum 950 (the alloy most used in Jewellery) costs more than 18 carat white gold. It is after all 95% platinum whereas 18k gold is only 75% gold.

2. Platinum 950 alloy is denser than 18k gold alloys by about 30%. ie a wedding ring that weighs 5 grams in 18k white gold will weigh about 6.5 grams in platinum.

3. Working with platinum is a bit harder than working with 18k White Gold.

4. The costs to refine the waste from ring manufacture are greater for platinum than they are for gold so this too adds to the cost of a platinum wedding ring.

 

A worked example (as at early 2017): 

Suppose you are a male looking to buy a white precious metal ring with a modern flat profile in 6mm with and 1.2mm thickness is a size V.

In 9k White Gold this ring will weigh approximately 5 grams and cost about $390 

In 18k White Gold this ring will weigh approximately 6.3 grams and cost about $730

In Platinum 950 this ring will weigh approximately 8.2 grams and cost about $1,020 

The difference in price looks quite large considering the rings will look almost identical. They feel different however due to the different weights.

The other thing to keep in mind is that the 9k ring is 37.5% gold, the 18k ring is 75% gold and the platinum 950 ring is 95% platinum.

Shop our Platinum Wedding Rings Here:  PlatinumWeddingRing.com.au

Feel free to email us at info@ejeweller.com.au if you have any questions regarding a wedding ring.