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During the past year, the spot price for platinum has increased about 16%, compared with a 42% gain for gold, FactSet's data shows. Platinum's current spot price is $1,004 an ounce, according to ...
To be saleable on most international markets, platinum ingots must be assayed and hallmarked in a manner similar to the way gold and silver are. [4] [5] The price of platinum changes along with its supply and demand; during periods of sustained economic stability and growth, the price of platinum tends to be as much as twice the price of gold ...
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Platinum is a chemical element; it has symbol Pt and atomic number 78. It is a dense, malleable, ductile, highly unreactive, precious, silverish-white transition metal. Its name originates from Spanish platina, a diminutive of plata "silver". [7] [8] Platinum is a member of the platinum group of elements and group 10 of the periodic table of ...
In 2012, the Perth Mint produced a 1-tonne coin of 99.99% pure gold with a face value of $1 million AUD, making it the largest minted coin in the world with a gold value of around $50 million AUD. [2] China has produced coins in very limited quantities (less than 20 pieces minted) that exceed 8 kilograms (260 ozt) of gold.
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The most notable examples are the Platinum cat, [8] and Platinum Noble by the Isle of Man, Canadian Platinum Maple Leaf, [9] Chinese Platinum Panda and Australian Platinum Koala. [citation needed] The minting of a trillion-dollar platinum coin was proposed as a solution to the 2023 United States debt-ceiling crisis.
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