{"id":63951,"date":"2026-02-05T21:43:18","date_gmt":"2026-02-05T21:43:18","guid":{"rendered":"https:\/\/site.itshrt.com\/worldnews\/as-silver-prices-soar-jeweler-pandora-turns-to-platinum\/"},"modified":"2026-02-05T21:43:18","modified_gmt":"2026-02-05T21:43:18","slug":"as-silver-prices-soar-jeweler-pandora-turns-to-platinum","status":"publish","type":"post","link":"https:\/\/site.itshrt.com\/worldnews\/as-silver-prices-soar-jeweler-pandora-turns-to-platinum\/","title":{"rendered":"As silver prices soar, jeweler Pandora turns to platinum"},"content":{"rendered":"<p> <script async src=\"https:\/\/pagead2.googlesyndication.com\/pagead\/js\/adsbygoogle.js?client=ca-pub-6606220950177433\"\r\n     crossorigin=\"anonymous\"><\/script>\r\n<!-- ItShrt World News -->\r\n<ins class=\"adsbygoogle\"\r\n     style=\"display:block\"\r\n     data-ad-client=\"ca-pub-6606220950177433\"\r\n     data-ad-slot=\"1882483372\"\r\n     data-ad-format=\"auto\"\r\n     data-full-width-responsive=\"true\"><\/ins>\r\n<script>\r\n     (adsbygoogle = window.adsbygoogle || []).push({});\r\n<\/script>\r\n<br \/>\n<\/p>\n<div id=\"article-0\">\n  <!-- lil observer --><br \/>\n      <span class=\"content__observer-marker content__observer-marker--fixed lazyload\"\/><\/p>\n<section class=\"content__body\">\n<p><span class=\"link\"><a href=\"https:\/\/www.cbsnews.com\/news\/price-of-silver-today-february-5-2026\/\" target=\"_blank\" data-invalid-url-rewritten-http=\"\">Surging silver prices<\/a><\/span>\u00a0are spurring jewelry maker Pandora to find a less costly alternative to the shiny metal: platinum.\u00a0<\/p>\n<p>The Danish company <a href=\"https:\/\/pandoragroup.com\/investor\/news-and-reports\/newsdetail?id=27826\" target=\"_blank\" rel=\"nofollow noopener\">said<\/a>\u00a0Wednesday that it will continue selling silver jewelry, but that it will add platinum-plated versions of its best-selling bracelet to make it more affordable \u2014 including for Pandora.\u00a0<\/p>\n<p>The company plans to introduce the new platinum-plated pieces later this year. Initially, they will be available in 30 stores and through the company&#8217;s e-commerce site. In the second half of 2026, Pandora will add more platinum offerings, including a selection of charms, it said.<\/p>\n<p>Pandora said adding platinum-plated items will help reduce its reliance on silver as prices have skyrocketed.<\/p>\n<p>The company&#8217;s most popular bracelet starts at around $80 in sterling silver. The platinum-plated version of the same piece will cost roughly the same amount, a Pandora spokesperson told CBS News. The same bracelet in 14k gold retails for $2,350, while the gold-plated version costs $200.<\/p>\n<p>Pandora also sells lab-grown diamond jewelry that is made in Thailand.\u00a0<\/p>\n<p><span class=\"link\"><a href=\"https:\/\/www.cbsnews.com\/news\/is-it-difficult-to-sell-silver-bars\/\" target=\"_blank\" data-invalid-url-rewritten-http=\"\">Gold and silver have soared<\/a><\/span> over the last year, while more recently investors have piled into the precious metals as a hedge against risks stemming from economic uncertainty and rising global debt.<\/p>\n<p>As of Thursday, silver cost $76.06 an ounce, according to\u00a0<a href=\"https:\/\/prioritygold.com\/silver-spot-price-and-chart\/\" target=\"_blank\" rel=\"nofollow noopener\">Priority Gold<\/a>. That&#8217;s up 135% from $32.30 per ounce in early 2025. While platinum remains far more expensive than silver, at $2,100 an ounce, it&#8217;s up only 3% over the past year.<\/p>\n<section class=\"content__body--footer\">\n<p class=\"content__meta--editors\">\n      Edited by<\/p>\n<p>                                  <a href=\"https:\/\/www.cbsnews.com\/team\/alain-sherter\/\" class=\"byline__author__link\" data-invalid-url-rewritten-http=\"\">Alain  Sherter<\/a>\n                      <\/p>\n<\/section>\n<p>  <!-- data-recirc-source=\"queryly\" --><\/p>\n<aside class=\"component list recirculation component--type-recirculation  \">\n        <\/aside>\n<section class=\"content__body--footer\">\n      <!-- tags --><br \/>\n    <\/section>\n<\/section>\n<\/div>\n<p><script async src=\"https:\/\/pagead2.googlesyndication.com\/pagead\/js\/adsbygoogle.js?client=ca-pub-6606220950177433\"\r\n     crossorigin=\"anonymous\"><\/script>\r\n<!-- ItShrt World News -->\r\n<ins class=\"adsbygoogle\"\r\n     style=\"display:block\"\r\n     data-ad-client=\"ca-pub-6606220950177433\"\r\n     data-ad-slot=\"1882483372\"\r\n     data-ad-format=\"auto\"\r\n     data-full-width-responsive=\"true\"><\/ins>\r\n<script>\r\n     (adsbygoogle = window.adsbygoogle || []).push({});\r\n<\/script>\r\n<br \/>\n<br \/><a href=\"https:\/\/www.cbsnews.com\/news\/silver-price-pandora-jewelry-platinum\/\">Source link <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Surging silver prices\u00a0are spurring jewelry maker Pandora to find a less costly alternative to the shiny metal: platinum.\u00a0 The Danish<\/p>\n","protected":false},"author":1,"featured_media":63952,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[37],"tags":[],"class_list":["post-63951","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-money-watch"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v24.2 - 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