Why is platinum so cheap right now
Platinum is used even in diesel cars (in the catalyst). Palladium is found in used gasoline cars. Just as diesel turned into gasoline, platinum turned into palladium. The price of palladium is now close to its all-time high of around $1,500 an ounce (you can see how unusual this is on the chart below).
Why is platinum more expensive than gold
There are several reasons why platinum is more valuable than the precious metal. Although gold and platinum are typical rare earth metals, platinum is rarer and therefore of higher value. Another reason is that platinum is perhaps 60% heavier than 14K metal. If you have a 10 kg gold bar, it is equivalent to 16 kg of platinum.
What is the current price of platinum
platinum price today; Current USD rate $34.79: today’s high $34.79: today’s low RUB34.79: today’s change $0.00 (0.00%)
Where is the best place to buy platinum
Improved personal brushing: Philips Sonicare FlexCare Platinum Rechargeable toothbrush with better connectivity “The mouth has such a large surface area and hard-to-reach areas that the smaller, rounded base makes cleaning large areas of the mouth easier,” he says.
What is the highest price platinum has ever been
What was the most active price for platinum? The price of platinum reached an all-time high of $2,270 per troy ounce. It was reached in March 2008.
Is platinum cheaper right now
Platinum bottomed out at $600 an ounce before rising to $1,200 an ounce in 2021. This is roughly in line with Platinum Eagle’s average price over the last 10 years (~$1177/oz). However, platinum remains well below the price of gold. It may need to increase another 50% to catch up with the light yellow metal.
What is 1g of platinum worth
1 gram platinum bar (in testing)
Sell ??us $37 Price: 0.27 each.