10 Most Expensive Metals In The World 2023
1. Platinum
Platinum is a chemical element with the symbol Pt and atomic number 78. It is a rare, silvery-white, malleable, ductile, and precious metal. It is the densest naturally occurring element and is commonly used in jewelry, coins, and electronics.
It is also used in catalytic converters, laboratory equipment, electrical contacts, dentistry equipment, and fuel cells. It is also used in jewelry as a white gold substitute. Platinum is a valuable metal due to its rarity and high level of corrosion resistance.
2. Rhodium
Rhodium is a silvery-white metal that is part of the platinum group of elements. It is extremely rare and is only found in a few places around the world.
It is extremely hard, corrosion resistant, and has a high melting point, making it ideal for use in jewelry, electronics, and automotive parts. It is also used in catalytic converters and as a catalyst in some chemical reactions.
3. Palladium
Palladium is a rare and lustrous silvery-white metal. It is a chemical element with the symbol Pd and atomic number 46.
Palladium is a member of the platinum group of metals and is mainly used in catalytic converters, jewelry, dental alloys, and as an investment asset.
4. Gold
Gold is a chemical element with the symbol Au and atomic number 79. It is a dense, soft, malleable, and ductile metal with a bright yellow color and luster that is considered attractive, which makes it desirable for use in jewelry and coins.
Gold has been used in many cultures for thousands of years as a form of money and as a store of value. It is also used as an industrial material, in electronics, and in many other applications.
5. Iridium
Iridium is a chemical element with the symbol Ir and atomic number 77. It is a hard, brittle, silvery-white transition metal of the platinum group.
It is the second densest element (after osmium) and is the most corrosion-resistant metal, even at temperatures as high as 2000 °C. It has very low electrical conductivity, and it is the only metal that has not yet been affected by oxygen, even after being heated to 1500 °C.
6. Osmium
Osmium is a chemical element with the symbol Os and atomic number 76. It is a hard, brittle, bluish-white transition metal in the platinum group that is found as a trace element in alloys, mostly in platinum ores. Osmium is the densest naturally occurring element, with a density of 22.59 g/cm3.
7. Ruthenium
Ruthenium is a transition metal that is found in the platinum group of metals. It is a hard, silver-gray metal that is corrosion-resistant and has a high melting point. It is commonly used in alloys, catalysts, and electrical contacts.
Ruthenium catalysts are particularly used in the petroleum industry, and their compounds are used in the manufacture of electrodes and optical coatings.
8. Silver
Silver is a chemical element with the symbol Ag and atomic number 47. It is a soft, white, lustrous transition metal.
Silver is found in the Earth’s crust in its pure form, as an alloy with gold and other metals, and as a compound in minerals. It is the most malleable and ductile of all metals.
9. Tungsten
Tungsten is a heavy metal that is used in a variety of industrial applications. It is known for its strength and durability and is one of the hardest metals on the planet.
It is often used to make tools and components that need to withstand extreme temperatures and pressures. It is also used in electronics and is the main component in lightbulb filaments.
10. Rhenium
Rhenium is a rare, silvery-white, heavy, third-row transition metal in Group 7 of the periodic table. With an estimated abundance of 1 part per billion (ppb), rhenium is one of the rarest elements in the Earth’s crust.
Rhenium has the third-highest melting point and the second-highest boiling point of any element at 5903 K. Rhenium has applications in the fields of aerospace engineering and nuclear reactors, where it is used in the form of its alloys.
