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While lists of noble metals can differ, they tend to cluster around gold and the six platinum group metals: ruthenium, rhodium, palladium, osmium, iridium, and platinum. In addition to this term's function as a compound noun, there are circumstances where noble is used as an adjective for the noun metal.
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 ...
The ferrous oxalate then reacts with platinum(II) or palladium(II) reducing it to elemental platinum (or palladium), which builds up the image. By varying the amount of platinum versus palladium and the addition of oxidizing chemicals such as hydrogen peroxide and potassium dichromate or potassium chlorate , the contrast and "color" of the ...
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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 ...
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 ...
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