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What is the Average Cost of Platinum per ounce/gram/pound? Average Platinum Price

Platinum is a chemical element that is often used in jewelry, dentistry, lab equipment and more. Platinum is dense, malleable, precious and has a gray-white hue. It is one of the rarest elements in the Earth’s crust. Most platinum is found in South Africa. Only a few hundred tons are produced per year, so it is very valuable on the market. One gram of platinum costs roughly $27.

by Susan White on Wed, 12/08/2010 - 17:40

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