Platinum price spike and it's history.
This metal is beyond weird. Sometimes I think it's not from this planet. Either way it has become one of the highest commodities to mankind. I've seen ancient cups and surgical rods weighing up to 5 ounces. It's a very dense metal and weighs more than it looks or it's volume. If you have a laser welder then you already won in repairing platinum jewelry. In the laser, this metal is moved around like butter due to its density and poor reflection. With a torch, you'll need special equipment to work on platinum meaning special eye gear since it turns into a star before melting point at extreme heat. Special solder, polishing compounds, and wheels. Your drawer must be spotless before starting to work on it, it can be contaminated with other metals as well so it's in its entirely own ball game. So history goes like this, gold used to be cheaper than platinum meaning every kind of platinum repair was instantly charged more because of the great difference in price, Platinum was around 2k and gold was under 1k, so you see the confusion nowadays. Here lately we've experienced a spike in platinum like I've never before see. Keep in mind that our rhodium flash we use to electroplate white gold is derived from this metal which increases its price even higher.