ENTITY

Platinum (PLATINUM COMDTY)

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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.
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bullishGold
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bearishSilver
18 Jul 2023 08:30Syndicated

How Much Do Commodity Prices Rise when Fertilizer Prices Rise?

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bearishGold
11 Jul 2023 08:59Syndicated

Why isn’t Gold starting to sell off? // The Big Sugar Rush

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bearishGold
27 Jun 2023 08:08Syndicated

Soybeans Spike Due to Weather Worries - The Credit Crunch Isn’t over Yet

The worst U.S. Midwest drought since 2012 expanded over the past week despite mild temperatures as a lack of rain across the heart of the American...

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bearishGold
20 Jun 2023 08:50Syndicated

El Nino is here // River Rhine is drying up again // Managers are net short commodities

El Nino is here (like we forecasted) S&P Global highlighted some facts regarding the effects of the weather phenomenon on crop yields.

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