Platinum Prices

Chart Description. Intratec provides Platinum prices in several countries, as follows:

About Platinum. Platinum is a metallic element, with atomic number 78, a transition metal, member of group 10 of the periodic table. It is one the rarest elements in Earth’s crust, for this scarcity, only a few hundred tons of platinum are produced annually, given the metals important uses, platinum’s high value makes it a precious metal commodity. Human use of platinum date back to the seventh century B.C.E, and the first report of the metal was made in 1557. Industrial use of the element began in the 1880s and platinum production grew rapidly after the 1920s, when the largest known deposits were discovered. The metal is extremely unreactive, being of great use in the chemical industry, and for its rare metal character, it is also used extensively in jewelry.

Commercial Grades. physically pure (99.99%); chemically pure (CP, 99.9%); crucible platinum (99.5%); and commercial (99.0%).

Uses. Platinum is used mainly in jewelry manufacturing; catalyst production; electroplating; rayon and glass fiber; permanent magnets; electric furnace windings; and laboratory wear. It is also used as dental material and surgical wire.