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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 ...
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. Carbon in the form of diamond can be more expensive than rhodium. Per-kilogram prices of ...
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 ...
Costco is again venturing into the precious metals market, expanding its offerings beyond the gold and silver bars it sold to great success. The retail giant now offers 1-ounce platinum bars for ...
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 ...
Platinum is a particularly useful metal; over a third of the annual world production goes for catalytic converters, and new fuel cell technology depends on it as well. However, when it comes to ...
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 ...
The measurement of sales of popular music starts high relative to the wedding anniversary scale, concentrating on gold and platinum (see gold album).Likewise, credit card companies usually have a "gold card" and a "platinum card" (many formerly had a "silver card" then followed by a "gold card", but due to similarity in appearance between silver and platinum these were often discontinued with ...