Many would think gold is the most precious of all metals. On the contrary, platinum is the real one. This silvery-white and malleable metal is even the rarest, and most expensive of all.

It is also useful that the majority of all platinum being extracted from earth is used in industrial and environmental purpose. More than 90% of all platinum supplies come from South Africa and Russia. Virtually all of the platinum mined in South Africa is committed to industrial contracts. 

In contrast with gold and silver, there are no large above-ground platinum stockpiles to protect against significant supply disruptions. Approximately 10 tons of raw ore must be mined to produce just one pure ounce of platinum.

Today, the finest and most elegant jewelry contains platinum. Its heavy weight and durability make platinum a metal that will not wear away with constant use. Platinum holds fine gemstones firmly in place for the life of the jewelry when used as prongs and other setting components.

Platinum's natural white luster provides a rich backdrop for diamonds, but it's a metal that's just as elegant when used all by itself to create a piece of jewelry, either a simple polished item or a design with engraved motifs. Platinum looks stunning when combined with contrasting touches of 18K yellow gold.

The following are some more platinum element facts and other information about this precious metal:

 

  • The name Platinum originated from the Spanish word “Platina” which means “little silver”.
  • “Pt” is its symbol in the Periodic Table of Elements and grouped with other metals that are ductile, able to conduct heat and electricity, and malleable.
  • Platinum is so rare that its total quantity can only fit in a living room. You have to find two tons of ore to make a pure platinum ring. Compare to gold, it is thirty times rarer.
  • This is an “industrial metal”. Major industries like gasoline, pacemakers, paints, fertilizers and even anti-cancer drugs depend on platinum.
  • About one-third of the total supply of this metal is being used as a medium converter and devices to manipulate harmful emissions of automobiles.
  • Forty percent of all platinum being extracted from earth is used in jewelry.
  • Eighty five percent of total platinum jewelry is being consumed by Japanese.
  • Pure platinum legal tender bullion coins are available in some countries: Australian Koala, Canadian Maple Leaf, Isle of Man Noble and Chinese Panda. 
  • For those who have sensitive skin, platinum is the best jewelry for you because it is hypoallergenic.

 

 

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