Most Expensive Precious Metal

It is rarer than platinum and is used in larger quantities for catalytic converters.

Most expensive precious metal.

That you already know but what about other metals. Platinum takes the fourth place among the most expensive and precious metals in the world. It s an extremely rare metal and currently holds the spot for the most expensive precious metal in the world with a single ounce costing nearly 2 000. Here are the 10 most expensive metals in the world in 2019 with current prices per ounce according to infomine in april 2019.

Some metals are very rare and precious and command high price tags. The third most expensive precious metal in the world is gold. Palladium is the most expensive of the four major precious metals gold silver and platinum being the others. Silver in the low double digits doesn t even rate.

In addition it is used in the electronics industry and dentistry. So here s a list of the top 10 most. Gold silver and platinum are undoubtedly the most well known precious metals but they fall short of being the most expensive precious metals in the world. Well that s obviously because gold and silver are two precious metals.

Scandium is used in innovative technologies in creating aircraft satellites lasers robots and rockets. According to statista south africa contributes to more than half of the global rhodium supply. This precious metal needs no introduction as it s arguably the most commonly known metal in the world. Some of the most expensive investment coins minted from gold.

As of this writing platinum around us 1 500 ounce and gold around us 1 200 per ounce take second and third place respectively. While these metals are expensive and they are included on the list there are other metals that are even more valuable. There are other substances equally precious even more precious than gold that you must get to know better. Californium 252 came out not only as the most precious metal but also the most expensive of all metals.

In the near term the demand for metals used in catalytic converters is expected to be steady buoyed by growing automotive sales in asia. In this blog we ll go over some of the world s most expensive precious metals. A gram of californium 252 costs roughly 27 to 30 million usd. The cost of 1 gram of the noble element is estimated at us 45.

The largest deposit of this precious and most expensive metal is found in norway and madagascar. When you think of precious metals gold and silver are the first metals that come to mind. Ever wondered why people keep their gold pieces in safes.