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The 10 most expensive metals in the world, (gold is not in the first places)

2024-09-19 17:42:42Lifestyle SHKRUAR NGA REDAKSIA VOX
The 10 most expensive metals in the world, (gold is not in the first places)
The 10 most expensive metals in the world, (gold is not in the first places)

Since ancient times, gold and silver have been recorded in the consciousness of people as metals associated with wealth and power. Their natural luster, but also their resistance to corrosion and oxidation in moist air, has historically given them a great advantage over what was discovered later. It is no coincidence that even chemistry gives them the name "noble", in fact a cosmetic epithet. In the sense that he could simply call them "sustainable", for example.

Gold, silver and later platinum are mostly used for jewelry, but also objects associated with power and authority. Crowns, sceptres, pastoral staffs, holy images and reliefs were "worn" with them and thus the impression was created that they are also the most expensive metals that you can find in nature, if you dig a little (or a lot, in some cases). And yet, it is not so.

There are, no less, no more, eight noble metals. Some chemists count ten. Gold, despite the recent rise in price, is not at the top of this list. It is far surpassed by other metals, which are not necessarily used to make jewelry. Let's look at them by value:

1- Osmium (Os) – Price per kilogram: $1,420,789

The 10 most expensive metals in the world, (gold is not in the first places)

By far the most expensive of all precious metals, osmium is used primarily in platinum alloys. It has many of the same properties as iridium, of which it is considered a first cousin. It was used in the past to make the popular styluses of record players, and today osmium is used to make pen tips as well as electrical contacts that must withstand extreme heat. Its price per kilogram has quadrupled in the last decade.

2- Rhodium (Rh) – Price per kilogram: $155,931.12

The 10 most expensive metals in the world, (gold is not in the first places)

You pay for the rare. That's why rhodium tops the list, even though it's less shiny than gold. It is four times rarer than gold and five times rarer than platinum. It is found mainly in Russia, South Africa and Canada. It is used in the manufacture of jewelry, especially those containing white gold. It also has many industrial applications (from lights to car parts), thanks to its high heat resistance.

3- Iridium (Ir) – Price per kilogram: $151,108.51

The 10 most expensive metals in the world, (gold is not in the first places)

It is considered a close cousin of platinum, but is extremely rarer, having so far only been found in South Africa. Extremely strong and the most resistant to corrosion and heat of all metals, it is well suited to its use in a variety of human structures that require high fatigue resistance and related to medical machines, automobiles and electronic equipment.

4- Gold (Au) – Price per kilogram: $81,912.51

The 10 most expensive metals in the world, (gold is not in the first places)

Those who follow the precious metals market closely will have noticed the increase in its price. It climbed to the 4th place on the list, a metal known since ancient times, which of course is not only used for jewelry and other valuables. Its chemical composition has applications in medicine as well, but also in dental implants (much more popular before) and in many electronic applications due to its high electrical conductivity. Its price rarely has major adjustments.

5- Platinum (Pt) – Price per kilogram: $30,268

The 10 most expensive metals in the world, (gold is not in the first places)

The strange thing about platinum is that, while it has been known since ancient times, it was not until 1557 that it was recognized as a separate metal. Until then it was believed to be pure silver or some amount of silver mixed with gold. Of course, it is used a lot in jewelry making (in fact, in recent decades, jewelry stores around the world promote platinum wedding rings much more, as more economical, compared to gold ones). Its other most popular use is learned from a visit to the car repair shop to change (usually at the same time) "platinums and spark plugs".

6- Palladium (Pd) – Price per kilogram: $28,134.28

The 10 most expensive metals in the world, (gold is not in the first places)

The small price difference with platinum has greatly influenced the demand between the two metals. For years palladium was more expensive, even than gold, so it was not used by car manufacturers. However, it is unique in its ability to absorb hydrogen and is used especially in the manufacture of catalytic converters in cars. And we find it in jewelry, especially in those that need very delicate work.

7- Ruthenium (Ru) – Price per kilogram: $14,890

The 10 most expensive metals in the world, (gold is not in the first places)

Another of platinum's cousins, which is also very often used as a platinum alloy to lower the final price of the product. Its main use is in electronic devices. It exists mainly in the region of Russia (Urals), from where its name comes, but also in smaller quantities in Canada and South Africa.

8- Rhenium – Price per kilogram: $2489

The 10 most expensive metals in the world, (gold is not in the first places)

In addition to being rare, rhenium also has a very complicated process for its extraction, which significantly affects its price. It comes as a byproduct of copper mining. In combination with platinum, it is used in car catalysts, but mainly in aircraft components, which are subjected to high temperatures, mainly in turbines.

9- Silver – Price per kilogram: 940 dollars

The 10 most expensive metals in the world, (gold is not in the first places)

You would expect it to be higher on the list, but silver is abundant compared to other precious metals, so its price has fallen far behind gold. It is mainly used in jewelry making, but has also seen a large increase in industrial use in recent years and is a relatively safe investment if one wants to protect their wallet. Of course, its uses are many, from coins and cutlery to batteries and electrical resistors.

10- Indium (In) – Price per kilogram: $685.10

The 10 most expensive metals in the world, (gold is not in the first places)

The list is completed with indium, a metal that has the same properties as gallium and thallium and is considered something transitional between the two. It is metal processed from zinc, copper and iron ore. It is extremely shiny, but also malleable, which is why it is hardly used in jewelry, except in aircraft engines.

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