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Investment in platinum is often compared in financial history to gold and silver, which were both known to be used as money in ancient civilizations. Experts posit that platinum is about 15–20 times scarcer than gold and approximately 60–100 times scarcer than silver, on the basis of annual mine production.
Platinum and gold are two precious metals and … Continue reading → The post Platinum vs. Gold Investment: Which Is Better? appeared first on SmartAsset Blog.
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 some synthetic radioisotopes range to trillions of dollars.
Platinum is more ductile than gold, silver or copper, thus being the most ductile of pure metals, but it is less malleable than gold. [14] [15] Its physical characteristics and chemical stability make it useful for industrial applications. [16] Its resistance to wear and tarnish is well suited to use in fine jewellery.
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 ...
With palladium prices exploding the last few years while staples like gold and silver continue to see interest in times of market volatility, platinum may not have the attention of investors.
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 ...
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 ...