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Somalian Platinum Elephant coins use the same reverse design each year, that of the coat of arms for Somalia. The obverse design of the African Elephant matches the same one used on the gold and silver versions of the coin each year, but the Bavarian State Mint changes this imagery each year to add collectible value to this impressive program.
Gold price in all countries allover the world: scroll down to your continent, then click on your country to display gold price details in this country.
A mining strike in South Africa also propped up prices, but when it ended the country boosted production which dropped prices immediately afterwards.
At the same time, any threat to the supply can boost the price. The second largest producer is Russia, and sometimes the stability of that supply line has boosted the price of the metal.
Another major use of platinum is in vehicle emissions control systems. Platinum is used to produce catalytic converters and other key utilitario parts that work with greenhouse gases to control emissions. Industry reports show that the utilitario industry is one of the biggest single consumers of platinum.
Also, platinum gets regularly used in high-end platinum jewelry applications. And platinum is even held in long term investment portfolios platinum price per kg typically in platinum bullion bars and coins. Learn the various uses for platinum today.
The APMEX price chart lets you view live Platinum prices today or research the historical price of Platinum over the last 30 years.
Because of its ductility, platinum Gozque be pulled to make wire. It is often used in certain types of laboratory equipment, including wires, electrodes, pans, containers, and in certain types of electronic devices, including smartphones and really virtually anything with a circuit board. Suggested article: Where to Sell Scrap Circuit Boards
Platinum is also an industrial metal – it’s used in many different capacities, even in the automotive segment, where it’s valuable in the manufacturing of catalytic converters.
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Manufacturers charge lower premiums for larger single quantities – a one-ounce bar for instance. You will ultimately save a significant amount of money per ounce of platinum by buying larger products. However, that may or may not work in your situation. It all depends on the amount of haber you have to invest at the time.