Most Expensive Precious Metal

So here s a list of the top 10 most.

Most expensive precious metal.

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. A gram of californium 252 costs roughly 27 to 30 million usd. 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. 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. And why your family silverware is always so well protected. Some metals are very rare and precious and command high price tags.

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

The cost of 1 gram of the noble element is estimated at us 45. While these metals are expensive and they are included on the list there are other metals that are even more valuable. In this blog we ll go over some of the world s most expensive precious metals. The third most expensive precious metal in the world is gold.

There are other substances equally precious even more precious than gold that you must get to know better. Scandium is used in innovative technologies in creating aircraft satellites lasers robots and rockets. Ever wondered why people keep their gold pieces in safes. Some of the most expensive investment coins minted from gold.

According to statista south africa contributes to more than half of the global rhodium supply. In addition it is used in the electronics industry and dentistry. 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. As of this writing platinum around us 1 500 ounce and gold around us 1 200 per ounce take second and third place respectively.

Silver in the low double digits doesn t even rate. In the near term the demand for metals used in catalytic converters is expected to be steady buoyed by growing automotive sales in asia. When you think of precious metals gold and silver are the first metals that come to mind.