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It subsequently fell to US$774 per troy ounce ($25/g) in November 2008. As of 21 November 2022, the platinum spot price in New York was $980 per ounce, compared to $1,742 per ounce for gold and $20.84 per ounce for silver. Platinum is traded in the spot market with the code "XPT". When settled in United States dollars, the code is "XPTUSD".
As of 2020, the most expensive non- synthetic element by both mass and volume is rhodium. It is followed by caesium, iridium and palladium by mass and iridium, gold and platinum by volume. Carbon in the form of diamond can be more expensive than rhodium. Per-kilogram prices of some synthetic radioisotopes range to trillions of dollars.
In Roman times, the price ratio was set at 12 (or 12.5) to 1. In 1792, the gold/silver price ratio was fixed by law in the United States at 15:1, which meant that one troy ounce of gold was worth 15 troy ounces of silver; a ratio of 15.5:1 was enacted in France in 1803.
The following months brought a decline in platinum's price below $1,000 per troy oz, precipitating further suspensions and a final price of $1,249.95. When sales were officially ended on December 31, 2008, over a year after its initial release, the Mint reported total sales of 19,583 units.
The price of platinum is expected to average about $1,770 an ounce in 2013, its highest price since 2011. The price spike is due almost entirely to the closure of several mines in South Africa ...
For example, if one owns a share in a gold mine where the costs of production are US$300 per troy ounce ($9.6 per gram) and the price of gold is $600 per troy ounce ($19/g), the mine's profit margin will be $300. A 10% increase in the gold price to $660 per troy ounce ($21/g) will push that margin up to $360, which represents a 20% increase in ...
The high point was when it was trading for $2,200 per troy oz in early 2007. Prices declined to $800 per troy oz in January 2008, but the price had increased $1,600 per troy oz by early 2010. Titanium. Titanium prices rose to over $16,000 per metric ton in 2006. Titanium price 1997-2018 Rhodium Rhodium daily Price 1992-2022
Silver prices since 2000 until April 2015. Price quotes given in USD per ounce. Date: 21 April 2015: Source: based on www.kitco.com; using price quotes for silver .
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