View Here : What Is Platinum Used For Today
As of 2014, platinum is used for many things, including the production of jewelry. This precious metal is also used to make catalytic converters on vehicles. Platinum is a popular metal used in many applications and products due to its resistance to rust and other forms of corrosion.
Platinum may be rare, but today it is the third-most-traded precious metal in the world. Platinum uses vary widely across many sectors. Platinum uses vary widely across many sectors.
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Platinum is a dense, malleable, ductile, precious, gray-white transition metal, resistant to corrosion. It is an extremely rare metal, occurring as only 0.003 ppm in the Earth's crust. The reason why platinum is today the most valuable of precious metals is because it is required in many industrial ...
Is the spot platinum price the price I pay when I buy platinum from a dealer? No, as mentioned previously, the dealer will use the spot platinum price as a guide. The dealer will take into account current spot prices, as well as their cost on the coin or bullion, and then apply their markup.
The platinum used in such objects was not the pure element, but rather a naturally occurring mixture of the platinum group metals, with small amounts of palladium, rhodium, and iridium. European discovery.