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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.
As a stunt to publicise the 99.999% pure one-ounce Canadian Gold Maple Leaf series, in 2007 the Royal Canadian Mint made a 100 kg 99.999% gold coin, with a face value of $1 million, and now manufactures them to order, but at a substantial premium over the market value of the gold.
One troy ounce (31.1035 grams) of arc-melted iridium A member of the platinum group metals, iridium is white, resembling platinum, but with a slight yellowish cast. Because of its hardness, brittleness, and very high melting point , solid iridium is difficult to machine, form, or work; thus powder metallurgy is commonly employed instead. [ 12 ]
Platinum price 1970-2022. Platinum first sold at about $350 per troy oz in 1992 [67] and stayed rather flat save for a small dip to about $325 per troy oz in the mid-1990s [67] and an equally small rise to about $375 per troy ounce in the Millennium period.
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The radioactivity in MBq per gram of each of the platinum group metals which are formed by the fission of uranium. Of the metals shown, ruthenium is the most radioactive. Palladium has an almost constant activity, due to the very long half-life of the synthesized 107 Pd, while rhodium is the least radioactive.
Iridium compounds are compounds containing the element iridium (Ir). Iridium forms compounds in oxidation states between −3 and +9, but the most common oxidation states are +1, +2, +3, and +4. [2] Well-characterized compounds containing iridium in the +6 oxidation state include IrF 6 and the oxides Sr 2 MgIrO 6 and Sr 2 CaIrO 6.
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 ...