Jason Winston George
Jackson Rhames
Search results
Cast
Episode Guide
Platinum is a chemical element; it has symbol Pt and atomic number 78. It is a dense, malleable, ductile, most unreactive, precious, silverish-white transition metal. Its name originates from Spanish platina, a diminutive of plata "silver". Platinum is a member of the platinum group of elements and group 10 of the periodic table of elements.
People also ask
Is platinum a rare element?
Where does platinum come from?
What is platinum used for?
- Platinum and Gold Prices
- Platinum Automotive Use
- Platinum Performance Over Time
- Platinum's Limited Supply
- Never Pay Below Spot Price For Platinum Bullion
- GeneratedCaptionsTabForHeroSec
Some people may trade platinum and gold the way others trade the silver to gold ratio. Historically, platinum has been priced higher than gold, and the historical average of the platinum to gold ratio is about 0.72. In the past decade, gold has surpassed platinum as the money supply has grown dramatically due to federal monetary policies known as q...
Platinum has long been anchored by heavy utilization in the automotive industry. Some reports claim over 80% of annual platinum supply goes directly into feeding the world’s need for cleaner transportation via the auto industry. This includes spark plugs, catalytic converters, and other related industries like glass. Catalytic converters (which are...
Platinum has not had the same amazing growth story that other assets have had, notably declining where gold and silver have flourished. In 2008, platinum spot prices sharply rose and maintained over $2100 per troy ounce, marking an all time high in March at $2290 per troy ounce. This coincided with the collapse of Bear Stearns, though prices had in...
Platinum has two main supply sources – recycling and mining. Recycling is incredibly important for platinum because of its rarity and the limited number of platinum mines in the world. Platinum is about 30 times rarer than gold and mined at about 1/15 the quantity that gold is. Approximately 25% of platinum supply comes from recycling operations. T...
All platinum bars, rounds and coins have a premium that is a fixed amount of percentage above the spot price. The premium pays for the mints, mines, retailers and all other organizations within the supply chain. Without a premium, no market for investment grade bullion can exist. Investors should expect to pay a small amount above spot to purchase ...
Find out the current platinum price per ounce, gram, and kilo in USD and other currencies. Learn how platinum prices are determined by supply and demand, industrial and jewelry use, and market events.
- Android, Ios
8 hours ago · Currently, platinum trades at $1,051.70 per ounce, as of 9 a.m., compared to gold, which trades at $2,353.20 per ounce. Year to date, platinum prices are up by 6.47% and gold prices are up by 13. ...
May 21, 2024 · Platinum is a precious, silver-white metal with high melting point and resistance to corrosion. It is used for jewelry, catalysts, electrodes, and standards of mass and temperature. Learn more about its history, deposits, compounds, and isotopes.
- The Editors of Encyclopaedia Britannica
platinum. Live platinum Price. Loading... Live Platinum Charts and Platinum Spot Price from International Platinum Markets, Prices from New York, London, Hong Kong and Sydney provided by Kitco.
Get the latest platinum spot price per ounce and see the historical prices for the past year. Find out the factors that affect the platinum market and the news that moves it.
Platinum is a very different substance to a chemist. Platinum metal is silvery white and does not oxidise, properties that make it highly appealing for jewellery. It is more precious than silver but with prices more volatile than gold.
