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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]
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 ...
While the difficulty of obtaining macroscopic samples of synthetic elements in part explains their high value, there has been interest in converting base metals to gold (Chrysopoeia) since ancient times, but only deeper understanding of nuclear physics has allowed the actual production of a tiny amount of gold from other elements for research ...
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 ...
A 1-oz. Canada Maple Leaf platinum coin sells for the same price. Both carry a premium markup of about $94. ... Introducing precious metals to its online offerings has been a boon for Costco’s e ...
The platinum-group metals (PGMs), also known as the platinoids, platinides, platidises, platinum group, platinum metals, platinum family or platinum-group elements (PGEs), are six noble, precious metallic elements clustered together in the periodic table. These elements are all transition metals in the d-block (groups 8, 9, and 10, periods 5 ...
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 ...