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15 Best Bullion Traders This Year: Buy Gold and Silver Bullion

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Infographic: Facts About Platinum

Platinum is the most precious metal on Earth. With its excellent properties and inalienable significance in industrial technology, it's no wonder platinum is coveted. More valuable than gold and silver, platinum represents prestige among the elements. Platinum has a special place in history and should likewise be in your investment portfolio. The timeless precious metal will always have value and always have demand.

The global demand for precious metals has increased 30 times over the past decade.

Here are some fun facts about platinum.

Platinum was first named in 1557 by Julius Caesar Scaliger.

The name "Platinum" comes from the Spanish word Platina which means "Little Silver."

Platinum has a significantly high melting and boiling point. 

           Melting point: 3,215 °F (1769 °C)

           Boiling point: 6,917 °F(3,825 °C)

Platinum(Pt) is the most precious element having atomic number 78.

One of the rare elements in the Earth's crust, with an abundance of only five parts per billion.

Platinum shows many properties of metals. It is like silver- gray in color, shiny, malleable, and ductile.

They are primarily obtained from South Africa, Russia, and Canada.

Platinum is used in various industries, including jewelry, chemical, and petroleum manufacturing.

The extensive use of Platinum is in catalytic converters, electrical contacts, pacemakers, drugs, and magnets.

Platinum is also used in medicine for treating Chemotherapy drugs, medical devices, and dental fillings because it is hypoallergenic, making it safe for interaction both on and within the human body.

Platinum has several unique features, including its ability to absorb hydrogen and its high melting point (1,768 degree Celsius).

Platinum is 20 percent rarer compared to Gold.

Platinum can be recycled. It can be reused again and again.

Platinum is also a catalyst for producing nitric acid (HNO₃). This HNO₃ is used to make fertilizers that help us grow a wide range of crops worldwide. So Platinum plays a vital role in ensuring everyone has food on the table.

Like Gold and Silver, Platinum is considered a precious metal. It is used in currency and investment.

Hence, Platinum is considered a precious metal and is used as a global currency. 

These facts help in creating an informative infographic about platinum!

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