If translated into numbers, platinum for all your known deposits is considerably rarer than gold and is the rarest metal of all. Platinum is much rarer than gold and silver, so rare, in fact, that all the platinum mined could fit in your living room. New York Office+1 (92 316-2746450 Lexington New York, NY 10017) Of the nine precious metals, platinum is considered the most abundant, with an estimated abundance. The rest of the metals rank from highest to lowest in terms of abundance.
Rhenium, ruthenium, rhodium, iridium, osmium, gold, palladium and silver are the order in which it occurs. This silver-colored metal is extremely rare and is commonly used for its reflectivity properties. Palladium is a whitish-gray precious metal that is considered valuable due to its stability, malleability and rarity in extremely hot conditions. Any promotion or discount applies to the premium above the price of the precious metal only and not to the price of the metal itself.
You can get an idea of how precious a metal is by comparing it to others in international markets. That's why gold is a more cost-effective metal to look for, this and its appeal in jewelry, of course. Silver has the best thermal and electrical conductivity, as well as the lowest contact resistance among other precious metals.
Bullionmarkets can be volatile and the value of bullion can fluctuate depending on the market value of precious metals.
As with most precious metals, buying the physical product is the safest way to ensure that the metal you purchased actually exists in its entirety. The most well-known precious metals are, of course, gold and silver, which have become currency and objects of art since before recorded history began. Unstable elements that must be created in a laboratory (usually by melting or irradiating other elements) can never be considered precious metals. After seeing how gold and silver fell over the past year, it may be time to look at the “other precious metals”.
But why gold? Apart from the human tendency to imitate magpies (why else would we think that ordinary diamonds are so extraordinary?) , gold isn't that special. The rarity of a metal is best expressed as its “mass fraction”, or how many kg you can expect to find per billion kg of crust material. Or it could be because the K-T boundary that marks the geological end of dinosaurs is mixed with iridium; metal is more common in asteroids and meteorites than in the Earth's crust. Gold, silver, platinum and even unusual precious metals such as osmium are all metals (in a chemical sense) and of natural origin.
Along with copper, iron and lead ores, indium is produced from zinc ore processing and is considered a rare metal.