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Listed here are mainly average market prices for bulk trade of commodities. Data on elements' abundance in Earth's crust is added for comparison. As of 2020, the most expensive non-synthetic element by both mass and volume is rhodium. It is followed by caesium, iridium and palladium by mass and iridium, gold and platinum by volume.
Iridium in bulk metallic form is not biologically important or hazardous to health due to its lack of reactivity with tissues; there are only about 20 parts per trillion of iridium in human tissue. [22] Like most metals, finely divided iridium powder can be hazardous to handle, as it is an irritant and may ignite in air. [66]
As a stunt to publicise the 99.999% pure one-ounce Canadian Gold Maple Leaf series, in 2007 the Royal Canadian Mint made a 100 kg 99.999% gold coin, with a face value of $1 million, and now manufactures them to order, but at a substantial premium over the market value of the gold.
These prices are more an indication than an actual exchange price. Unlike the prices on an exchange, pricing providers tend to give a weekly or bi-weekly price. For each commodity they quote a range (low and high price) which reflect the buying and selling about 9-fold due to China's transition from light to heavy industry and its focus on ...
Naturally occurring platinum and platinum-rich alloys were known by pre-Columbian Americans for many years. [5] However, even though the metal was used by pre-Columbian peoples, the first European reference to platinum appears in 1557 in the writings of the Italian humanist Julius Caesar Scaliger (1484–1558) as a description of a mysterious metal found in Central American mines between ...
Because of the low availability relative to demand, rhenium is among the most expensive of metals, with an average price of approximately US$4,575 per kilogram (US$142.30 per troy ounce) as of August 2011; it is also of critical strategic military importance, for its use in high performance military jet and rocket engines. [23]
Silver futures jumped 11% on Monday to about $30 per ounce - an eight-year high - following strong gains over the weekend. ... The price of silver is rallying as the online trading movement ...
Osmiridium-564562. Osmiridium and iridosmine are natural alloys of the elements osmium and iridium, with traces of other platinum-group metals.. Osmiridium has been defined as containing a higher proportion of iridium, with iridosmine containing more osmium.