How much is platinum worth?

Platinum is quite valuable: it runs around $22,000 a pound. Along with other metals such as iridium or rhodium, Rosner explains, it’s used “to manufacture products from denim to beer, pharmaceuticals to fuel cells. The elements are used as catalysts, substances that kick off or enable chemical reactions.”

Is platinum more expensive than gold?

Platinum is an expensive metal but not as expensive as Gold. Platinum is a hard metal compared to Silver and Gold, so it is not widely used. Gold is much more expensive, and its prices fluctuate daily. Gold is mixed with other metals to make it less expensive. 10k gold is about 42% actual pure gold, and the rest is other metal.

How much does platinum cost per ounce?

"Palladium was at $2,336 per ounce, and Platinum at around $1,000 per ounce. Nationwide, according to the National Insurance Crime Bureau, the number of thefts has ballooned from about 1200 in 2018, to more than 14,000 in 2020.