Platinum Bars

Platinum (pronounced /ˈplætɨnəm/) is a chemical element with the chemical symbol Pt and an atomic number of 78. Its name is derived from the Spanish term platina del Pinto, which is literally translated into "little silver of the Pinto River." It is in Group 10 of the periodic table of elements. A heavy, malleable, ductile, precious, gray-white transition metal, platinum is resistant to corrosion and occurs in some nickel and copper ores along with some native deposits. Platinum is used in jewelry, laboratory equipment, electrical contacts, dentistry, and automobile emissions control devices. Platinum bullion has the ISO currency code of XPT. As of December 23th, 2008, Platinum was worth $845.00 per troy ounce (approximately $27.17 per gram).

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