Why is platinum so cheap?
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How much does 1 oz of platinum cost

5 ounces (31.1 grams) 15,442.41 South African rands. 1 kg. 496,485.01 South African rand. 1 Gary. R496.49. Register. The US Platinum price shown above is updated every one to two minutes. Data is continuously pulled 24 hours a day, 5 situations a week from major NYMEX regions (lbma, GLOBEX, HONG KONG).

What is the current price of platinum per ounce

spot price change; Platinum price per ounce: $1046.30: $11.10: Platinum price per gram:

What is the price of one ounce of platinum

a certain troy ounce? 0.031 kg. The price of platinum is 1 per kilogram. $37,166.26. 1 Troy


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Is platinum worth more than gold

Is platinum more valuable than gold? Platinum is usually valued more than the precious metal silver. This is because platinum can be rarer than gold, has a higher density, and is purer. Platinum rings require more platinum than gold rings require gold, which can increase the overall cost.

How much does 10 oz of platinum cost

Melting point 10 oz. Platinum Bars – A resale bar stock is worth $9,858. Based on the established spot price of platinum.

Why is platinum so cheap

Deficit of platinum reserve supply, rising prices
With the cessation of production in the world platinum market, there was a shortage of supply. In other words, the demand for platinum is such that it exceeds the available supply of the metal being valued. In the first quarter of 2021, the demand for metal increased by 26%.

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