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This is a list of prices of chemical elements. Listed here are mainly average market prices for bulk trade of commodities. ... Platinum: 21.46: 0.005 (1.385 ...
In 1973, metal dealers established "London Platinum and Palladium Quotation"—a forerunner of the fixings. The prices for platinum and palladium were settled twice a day on the spot market. In 1979, leading dealers from London and Zurich signed an agreement to standardize the origin and specifications of the metals of the good delivery quality.
The retailer is now adding 1-ounce platinum bars to its lineup. ... During the past year, the spot price for platinum has increased about 16%, compared with a 42% gain for gold, FactSet's data ...
Costco on Wednesday announced the 1-ounce platinum bars, on sale for $1,089.99 on its website alongside its now-famed gold bars and silver coins. ... But the price of platinum has been a little ...
The 1-ounce platinum bar sells for $1,090. Sales of gold bars on Costco's website have previously sold out in minutes. ... While the price of platinum is about flat year to date, it's up 14% over ...
As of 21 November 2022, the platinum spot price in New York was $980 [8] per ounce, compared to $1,742 per ounce for gold [9] and $20.84 per ounce for silver. [10] Platinum is traded in the spot market with the code "XPT". When settled in United States dollars, the code is "XPTUSD".
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 ...
During periods of sustained economic stability and growth, the price of platinum tends to be as much as twice the price of gold, whereas during periods of economic uncertainty, [83] the price of platinum tends to decrease due to reduced industrial demand, falling below the price of gold. Gold prices are more stable in slow economic times, as ...