Platinum

Overview

  • Chemical symbol: Pt
  • The term platinum is derived from the Spanish term platina (“little silver” in English).
  • Platinum is one of the most rare precious metals in the Earth’s crust, typically found in only 5 μg/kg. Only a few hundred tonnes are produced annually.
  • Platinum is generally non-reactive, and has a high resistance to corrosion, leading it to be categorized as a noble metal.
  • Platinum is typically found in a pure state in the alluvial sands of rivers.
  • Platinum is used in catalytic converters, lab equipment, electronics, thermometers, jewelry, and dentistry equipment.

Symbols and Names

  • Symbols: ozt (troy ounce)
  • Symbol: Pt

ISO 4217 Code

XPT

Central Bank

N/A

Currency Subunits

  • N/A

Denominations

  • Bills: N/A
  • Coins: N/A

Countries Using This Currency

  • N/A

Currencies Pegged To XPT :

None

XPT Is Pegged To:

None