Gold is malleable, portable, nontoxic, beautiful and rare. Those qualities have made it an excellent currency over the centuries. But there's another metal with all those properties and more—and it's much more valuable. It's called rhodium, part of the platinum group of metals.
1. RHODIUM: TOP MOST VALUABLE METAL. Rhodium is the most valuable metal and exists within the platinum group of metals. It is used in jewelry for a final finish on white gold jewelry.
If translated into numbers, platinum—for all of its known deposits—is considerably more rare than gold and is the rarest metal of all. And it is, truly, a gift from the heavens.
As mentioned above, platinum is a luxurious and naturally white precious metal that is stronger than gold and is moveable.
Is platinum more valuable than gold? Platinum is generally valued higher than gold. This is because platinum is rarer than gold, has a higher density and is purer. Platinum rings require more platinum than gold rings require gold, which can increase the overall cost.
Experts posit that platinum is about 15–20 times scarcer than gold and approximately 60–100 times scarcer than silver, on the basis of annual mine production. Since 2014, platinum prices have fallen lower than gold. Approximately 75% of global platinum is mined in South Africa.
Referring to Psalm 19:10, she said the scriptures are “more to be desired … than gold, yea, than much fine gold: sweeter also than honey and the honeycomb.” She said the scriptures are the source of a spiritual feast that all can partake of daily.
Hence, platinum is stronger than gold.
Fiat money is a government-issued currency that is not backed by a commodity such as gold. Fiat money gives central banks greater control over the economy because they can control how much money is printed. Most modern paper currencies, such as the U.S. dollar, are fiat currencies.
"Platinum and Palladium Are 30 Times Rarer Than Gold."
In 2000 the price of gold was at its lowest since 1990, with a troy ounce of gold costing 274.5 U.S. dollars in that year.
For one thing, gold serves as a store of value, meaning that its value remains stable, rather than declining over time. Along these same lines, gold is useful as a hedge against inflation. Although inflation pushes down the value of currencies, gold isn't subject to this downward pressure.
The average concentration of gold in Earth's crust is 'very, very low,' at 4 parts per billion. In its elemental form, gold is significantly rarer than diamonds.
Gold is often regarded the better investment option over diamonds, as this precious metal is more easily traded and is often viewed as a currency with a stable, increasing value over the long term. Diamonds are often more volatile as their value relies purely on their weight, cut, clarity, and colour.
Diamond jewelry, diamond, the most beautiful stone
Much more expensive than gold, diamond is the undisputed star among precious stones, it is the brightest, the strongest, the purest.
The country with the purest gold in the world is Switzerland, a country known for paying attention to quality. Below, the precious metals experts from First National Bullion and Coin, the best place to buy gold in Scottsdale, explain why this particular country has an affinity for pure gold.
'Aqua Regia' is a mix of hydrochloric acid and nitric acid, most commonly in a 3:1 ratio. This is believed to be the only solution known that can "dissolve" gold.
The Bible indicates that there is something higher and better: the laws and judgments of God. As the Psalmist says: “The judgments of the Lord are true and righteous altogether. More to be desired are they than gold, yea, than much fine gold” (19:9, 10).
The comparison with gold makes the point that the word of God is superior; the comparison with honey restates and slightly expands the point that the word of God is superior; that's the two lines of verse 10, “They are more precious than gold, than much pure gold; they are sweeter than honey, than honey from the comb.”
Exodus 25:17-18: “And thou shalt make a mercy seat of pure gold: two cubits and a half shall be the length thereof, and a cubit and a half the breadth thereof. And thou shalt make two cherubims of gold, of beaten work shalt thou make them, in the two ends of the mercy seat.”
Platinum's high price point can be attributed to its rarity and density as precious metals are often priced by their weight. In addition, platinum is highly coveted as it is considered a status symbol in the fine jewelry industry resulting in an increase in overall value.