Most Expensive Precious Metal

The third most expensive precious metal in the world is gold.

Most expensive precious metal.

Ever wondered why people keep their gold pieces in safes. Silver in the low double digits doesn t even rate. That you already know but what about other metals. Some metals are very rare and precious and command high price tags.

In its purest form gold can is a bright yellow dense soft malleable and ductile metal and is one of the least reactive chemical elements on earth. Platinum takes the fourth place among the most expensive and precious metals in the world. The cost of 1 gram of the noble element is estimated at us 45. And why your family silverware is always so well protected.

According to statista south africa contributes to more than half of the global rhodium supply. So here s a list of the top 10 most. In this blog we ll go over some of the world s most expensive precious metals. It is rarer than platinum and is used in larger quantities for catalytic converters.

In terms of weight this metal is the heaviest metallic element to naturally occur on this earth although it is usually found to be produced alongside nuclear processes. The largest deposit of this precious and most expensive metal is found in norway and madagascar. Some of the most expensive investment coins minted from gold. Californium 252 came out not only as the most precious metal but also the most expensive of all metals.

Well that s obviously because gold and silver are two precious metals. Palladium is the most expensive of the four major precious metals gold silver and platinum being the others. Here are the 10 most expensive metals in the world in 2019 with current prices per ounce according to infomine in april 2019. 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.

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. There are other substances equally precious even more precious than gold that you must get to know better. While these metals are expensive and they are included on the list there are other metals that are even more valuable. As of this writing platinum around us 1 500 ounce and gold around us 1 200 per ounce take second and third place respectively.

In addition it is used in the electronics industry and dentistry. A gram of californium 252 costs roughly 27 to 30 million usd. In the near term the demand for metals used in catalytic converters is expected to be steady buoyed by growing automotive sales in asia.