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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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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 ...
The set's release on December 13, 2007, at a price of $1,949.95 (around $475 above platinum spot) with a seven-day one-set-per-household limit was met with strong collector interest. [32] First week sales reached 14,682 units, almost half of the maximum ordered mintage of 30,000 units.
Platinum. Cost: $27.10 per gram. ... and all three are often used for beautiful objects like jewelry. Platinum is actually 30 times rarer than gold and far more durable. ... USA TODAY. 30 quotes ...
A 10% increase in the gold price to $660 per troy ounce ($21/g) will push that margin up to $360, which represents a 20% increase in the mine's profitability, and possibly a 20% increase in the share price. Furthermore, at higher prices, more ounces of gold become economically viable to mine, enabling companies to add to their production.
18. Platinum. Cost: $33.02 per gram Platinum is a beautiful precious metal that is in a similar category as gold and silver. All three of these metals are frequently traded in the global markets ...
Platinum–iridium alloy. The international prototype of the kilogram (IPK) is an artifact standard of platinum–iridium alloy that was defined as having a mass of exactly one kilogram. Platinum–iridium alloys are alloys of the platinum group precious metals platinum and iridium . Typical alloy proportions are 90:10 or 70:30 (Pt:Ir).
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