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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.
The price for palladium reached an all-time high of $2,981.40 per ounce on May 3, 2021, [95] [96] driven mainly on speculation of the catalytic converter demand from the automobile industry. Palladium is traded in the spot market with the code "XPD".
Adolph A. Weinman (original concept for the 1907 American Institute of Architects gold medal) Design date. 1907. The American Palladium Eagle is the official palladium bullion coin of the United States. Each coin has a face value of $25 and is composed of 99.95% fine palladium, with 1 troy ounce actual palladium weight.
This article summarizes the world palladium production by country. This is a list of countries by palladium production in kilograms, based upon data from the United States Geological Survey. [1] In 2019, the world production of palladium totaled 210,000 kilograms—down 5% from 220,000 kg in 2018.
The ensuing market panic drove the palladium price to an all-time high of $1,100 per troy ounce in January 2001. [80] Around this time, the Ford Motor Company , fearing auto vehicle production disruption due to a possible palladium shortage, stockpiled large amounts of the metal purchased near the price high.
It subsequently fell to US$774 per troy ounce ($25/g) in November 2008. [8] As of 21 November 2022, the platinum spot price in New York was $980 [9] per ounce, compared to $1,742 per ounce for gold [10] and $20.84 per ounce for silver. [11] Platinum is traded in the spot market with the code "XPT". When settled in United States dollars, the ...
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