What kind of gold is PT950?

PT950 refers to a type of gold that is 95% pure, making it a high-quality and valuable form of the precious metal. In finance, PT950 gold is considered a premium investment due to its high purity and rarity, making it more valuable than lower purity gold. This type of gold is often used in the creation of fine jewelry and luxury items, as it is known for its durability and lustrous appearance. Investors may also purchase PT950 gold as a way to diversify their portfolio and hedge against inflation, as gold has historically been a stable and reliable store of value. Overall, PT950 gold is a sought-after asset in finance due to its purity, rarity, and timeless appeal.