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  2. Platinum as an investment - Wikipedia

    en.wikipedia.org/wiki/Platinum_as_an_investment

    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 ...

  3. Platinum Hits Costco Shelves: Why The Retail Giant Is Selling ...

    www.aol.com/platinum-hits-costco-shelves-why...

    Platinum's market value fluctuates around $1,008 per ounce, so Costco’s $1,089.99 price tag reflects a small markup. However, buyers are willing to pay a premium for the convenience of ...

  4. Precious metal - Wikipedia

    en.wikipedia.org/wiki/Precious_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 ...

  5. Costco is now selling platinum bars. Here's the price of a bar.

    www.aol.com/finance/costco-now-selling-platinum...

    How much does Costco's platinum bar cost? The platinum bar is retailing for $1,089.99 — if you can get it. ... the spot price for platinum has increased about 16%, compared with a 42% gain for ...

  6. Trillion-dollar coin - Wikipedia

    en.wikipedia.org/wiki/Trillion-dollar_coin

    Artist's concept of a trillion-dollar coin, featuring a similar obverse design to the reverse of the presidential dollar series.. The trillion-dollar coin is a concept that emerged during the United States debt-ceiling crisis of 2011 as a proposed way to bypass any necessity for the United States Congress to raise the country's borrowing limit, through the minting of very high-value platinum ...

  7. Costco Platinum Bars: How $1,089 Price Tag Compares To Gold

    www.aol.com/finance/costco-platinum-bars-1-089...

    You can find a lot of great deals at Costco on everyday items, including bars of platinum. That's right, along with getting your groceries, picking up some new items for your wardrobe, and getting ...

  8. Paradox of value - Wikipedia

    en.wikipedia.org/wiki/Paradox_of_value

    In the paradox of value, it is a contradiction that it is cheaper than diamonds, despite diamonds not having such an importance to life. The paradox of value, also known as the diamond–water paradox, is the paradox that, although water is on the whole more useful in terms of survival than diamonds, diamonds command a higher price in the market.

  9. Overrated: Platinum jewelry expensive solution for non ...

    www.aol.com/2008/09/14/overrated-platinum-for...

    However, when it comes to jewelry, I think platinum is overrated. I'm not. Platinum is a particularly useful metal; over a third of the annual world production goes for catalytic converters, and ...