Platinum - current and historical Platinum prices, chart the development of Platinum price - 1 year - currency USD

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Platinum

Platinum, chemical symbol Pt, lat. Platinum is very difficult and extremely chemically resistant precious metal silver-white color. Platinum is obtained in the extraction of nickel and copper. Platinum is relatively rare and expensive metals. Mine production of platinum amounts to some 5 million troy ounces a year (for comparison - gold is mined about 80 million ounces of silver annually and 550 million ounces), which is one reason a very high price of platinum.

Dealing with platinum

Platinum is used in the financial sector a much shorter time than gold or silver, which is already used by ancient civilizations. Ingots of platinum are traded on the New York Mercantile Exchange (Nymex) and London Platinum and Palladium Market. You can buy coins of platinum, but the high cost and difficulty of the excavation was issued very few platinum coins.