Does anyone have any knowledge in this area? Realistically, what is the value of my platinum ring? In my original post, I had estimated it to be worth $1,200-$1,500, however, after a bit of research, I realized how grossly over-estimated that was. I think it's more likely to be in the $300-$500 range. At the time of this post, platinum is at $1,663 per ounce. A month ago, platinum was hovering around the $1,400 price range, so it's seen a nice spike over the last 30+ days. I honestly don't know what is causing this jump as precious metals is something I know absolutely nothing about. And quite frankly, I don't particularly care to learn about precious metals.
Is now the time to sell? Should I wait to see if the price continues to increase to squeeze every last penny out of my ring? What's causing this increase in platinum prices? Damn, I have so many questions. Help me out guys!
$18,322.08 to go!!!