Platinum also has a low resale value, as only a limited number of stores buy it again. In addition, compared to gold jewelry, manufacturing rates, close to 500 rupees per gram, are much higher for platinum jewelry. Buyers should also be careful when it comes to the purity of the metal and what it is mixed with. According to The Economic Times, platinum, in general, has a low resale value.

The main reason is that a relatively small number of people are willing to buy it. This doesn't mean you can't find a reputable buyer, but you'll need to do some searching as you explore your options.