Search results
Results from the WOW.Com Content Network
The company has launched the sale of 1-oz. platinum bars on its website, with a price tag of $1,089.99. A 1-oz. Canada Maple Leaf platinum coin sells for the same price. A 1-oz. Canada Maple Leaf ...
The wholesaler is adding Swiss-made platinum bars to its selection. Costco on Wednesday announced the 1-ounce platinum bars, on sale for $1,089.99 on its website alongside its now-famed gold bars ...
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 ...
It is a dense, malleable, ductile, highly unreactive, precious, silverish-white transition metal. Its name originates from Spanish platina, a diminutive of plata "little silver". [ 6 ][ 7 ] Platinum is a member of the platinum group of elements and group 10 of the periodic table of elements.
These elements are all transition metalsin the d-block(groups 8, 9, and 10, periods 5and 6). [1] The six platinum-group metals are ruthenium, rhodium, palladium, osmium, iridium, and platinum. They have similar physical and chemical properties, and tend to occur together in the same mineral deposits.[2]
Assay offices are institutions set up to assay (test the purity of) precious metals. This is often done to protect consumers from buying fake items. Upon successful completion of an assay (i.e. if the metallurgical content is found be equal or better than that claimed by the maker and it otherwise conforms to the prevailing law) the assay offices typically stamp a hallmark on the item to ...
Platinum–iridium alloy. The international prototype of the kilogram (IPK) is an artifact standard of platinum–iridium alloy that was defined as having a mass of exactly one kilogram. Platinum–iridium alloys are alloys of the platinum group precious metals platinum and iridium. Typical alloy proportions are 90:10 or 70:30 (Pt:Ir).
London Bullion Market Association. The London Bullion Market Association (now known simply as LBMA), established in 1987, is the international trade association representing the global Over The Counter (OTC) bullion market, and defines itself as "the global authority on precious metals". [ 1 ] It has a membership of approximately 150 firms ...