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The gold iPhone 12 Pro is said to have a more durable stainless steel frame.
According to TechCruch’s Matthew Panzarino, though, not all iPhone 12 Pros are finished the same way. The gold model, in particular, uses a different coating method.
Matthew Panzarino, in his review (emphasis mine):
Most of the iPhone 12 Pro finishes still use a physical vapor deposition process for edge coating. But the new gold (which I do not have in person but looks great) uses a special high-power, impulse magnetron sputtering (HiPIMS) process that lays down the coating in a super dense pattern, allowing it to be tough and super bright with a molecular structure that mimics the stainless steel underneath — making it more durable than “standard” PVD. One side effect is that it’s easier to wipe clean and takes on less fingerprints, something that my blue model was, uh, definitely prone to.
Everyone going for gold now?