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Platinum is traded in the spot market with the code "XPT". When settled in United States dollars, the code is "XPTUSD". As the cost of platinum per ounce fell, the cost per ounce for other metals in the platinum group - especially palladium - rose strongly. As of November 2022, palladium sits at around US$1900 per ounce, compared to US$980 for ...
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. Carbon in the form of diamond can be more expensive than rhodium. Per-kilogram prices of some synthetic radioisotopes range to trillions of dollars.
Why Platinum? Platinum may not be as sought after as gold, but it uniquely appeals. ... Platinum's market value fluctuates around $1,008 per ounce, so Costco’s $1,089.99 price tag reflects a ...
Platinum is a chemical element; it has symbol Pt and atomic number 78. It is a dense, malleable, ductile, highly unreactive, precious, silverish-white transition metal. Its name originates from Spanish platina, a diminutive of plata "silver". [7] [8] Platinum is a member of the platinum group of elements and group 10 of the periodic table of ...
The platinum bar is retailing for $1,089.99 — if you can get it. The bar is only sold online, and Costco says delivery is unavailable in Nevada, Louisiana and Puerto Rico. But the Costco site on ...
In this special "Best Ideas for 2014" edition of The Motley Fool's everthing-financials show, Where the Money Is, banking analyst Matt Koppenheffer tells viewers why he thinks Platinum ...
Other precious metals include the platinum group metals: ruthenium, rhodium, palladium, osmium, iridium, and platinum, of which platinum is the most widely traded. [1] The demand for precious metals is driven not only by their practical use but also by their role as investments and a store of value. Historically, precious metals have commanded ...
Platinum is a particularly useful metal; over a third of the annual world production goes for catalytic converters, and new fuel cell technology depends on it as well. However, when it comes to ...
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