ENTITY

Platinum (PLATINUM COMDTY)

89
Analysis
MaterialsUnited States
Platinum is a chemical element with symbol Pt and atomic number 78. It is a dense, malleable, ductile, highly unreactive, precious, gray-white transition metal. Its name is derived from the Spanish term platina, which is literally translated into "little silver". Platinum is a member of the platinum group of elements and group 10 of the periodic table of elements. It has six naturally occurring isotopes. It is one of the rarer elements in Earth's crust with an average abundance of approximately 5 μg/kg. It occurs in some nickel and copper ores along with some native deposits, mostly in South Africa, which accounts for 80% of the world production. Because of its scarcity in Earth's crust, only a few hundred tonnes are produced annually, and given its important uses, it is highly valuable and is a major precious metal commodity.
more
Refresh
bullishGold
27 Dec 2022 09:18Syndicated

The Commodity Report #83

The Conference Board Leading Economic Index (LEI) for the US decreased by 1% in November 2022 to 113.5, following a decline of 0,9% in October.

Logo
573 Views
Share
bullishNatural Gas
19 Dec 2022 18:38Syndicated

The Commodity Report #82

Commodities will be the best-performing asset class once again in 2023, handing investors returns of more than 40%, according to Goldman Sachs.

Logo
415 Views
Share
bullishCrude Oil
06 Dec 2022 09:27Syndicated

The Commodity Report #80

US manufacturing contracted in November for the first time since May 2020 as output weakened in the face of a third-straight month of shrinking...

Logo
281 Views
Share
bullishNatural Gas
29 Nov 2022 05:57Syndicated

The Commodity Report #79

The world economy will be as weak next year as it was in 2009 after the financial crisis as the conflict in Ukraine risks becoming a “forever war,”...

Logo
243 Views
Share
bullishSilver
14 Nov 2022 23:41Syndicated

The Commodity Report #77

Fundamentally speaking, it was nearly a perfect week for commodities as much major news aligned during the week after China eased some Covid...

Logo
211 Views
Share
x