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Platinum is an extremely rare metal, [26] occurring at a concentration of only 0.005 ppm in Earth's crust. [27] [28] Sometimes mistaken for silver, platinum is often found chemically uncombined as native platinum and as alloy with the other platinum-group metals and iron mostly.
Platinum price 1970-2022 Platinum price 1880–2011 Platinum price 1968–2012. Platinum is traded as an ETF (exchange-traded fund) on the London Stock Exchange under the ticker symbol LSE: PHPT and on the New York Stock Exchange as ticker symbols PPLT and PLTM [12] There are also several ETNs (exchange-traded note) available. [13]
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.
The price of platinum is expected to average about $1,770 an ounce in 2013, its highest price since 2011. The price spike is due almost entirely to the closure of several mines in South Africa ...
But the price of platinum has been a little more rocky in recent years. The value of platinum has risen more than 15% over the past 12 months, though it has dropped more than 8% since topping ...
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 ...
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 ...
In 2012, as emerging-market economies slowed down, commodity prices peaked and started to decline. From 2005 through 2013, energy and metals' real prices remained well above their long-term averages. In 2012, real food prices were their highest since 1982. [28]