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Platinum is a precious metal commodity; its bullion has the ISO currency code of XPT. Coins, bars, and ingots are traded or collected. Platinum finds use in jewellery, usually as a 90–95% alloy, due to its inertness. It is used for this purpose for its prestige and inherent bullion value.
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 ...
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 .
A noble metal is ordinarily regarded as a metallic element that is generally resistant to corrosion and is usually found in nature in its raw form. Gold , platinum , and the other platinum group metals ( ruthenium , rhodium , palladium , osmium , iridium ) are most often so classified.
Costco isn’t the place you’d expect to be a precious-metals hub, but following the success of its gold bar sales and silver coins, the retailer has added platinum to the lineup.. The company ...
Orichalcum or aurichalcum / ˌ ɔːr ɪ ˈ k æ l k ə m / is a metal mentioned in several ancient writings, including the story of Atlantis in the Critias of Plato.Within the dialogue, Critias (460–403 BC) says that orichalcum had been considered second only to gold in value and had been found and mined in many parts of Atlantis in ancient times, but that by Critias's own time, orichalcum ...
Image credits: VastCoconut2609 Cognitively, pessimistic headlines and stories reinforce our negativity bias, which, according to Ruiz-McPherson, "can lead to maladaptive thought patterns ...
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