A large number of people keep all their gold pieces in safe. Have you wondered why? Have you ever thought why the family silverware is always kept well protected?
Well, that’s obvious that both these metals are very precious. But what about other metals? There is a wide range of substances which are equally precious and some are even more precious than gold.
So here are some of the most precious metals which are found in the world.
This metal is extremely rare and valuable. It is a silver-colored metal which is commonly used due to its reflective properties. The melting point of this metal is extremely high and it also shares an ability to withstand corrosion.
Largest producers: South Africa, Russia, Canada, and various other countries.
Uses: It is basically used for its reflective properties in various objects such as search lights, mirrors, and jewelry finish. This metal also very valuable in the automobile industry and in various types of industrial fields.
Platinum has made a prominent name in the market today due to its malleability, density, and non-corrosive properties. Platinum is considered to be similar to palladium as it also shares an ability to withstand the great amount of hydrogen.
Largest producers: South Africa, Russia, Canada, and various other mineral processing countries.
Uses: It is used in jewelry as it caters a lustrous look. It is also used in dentistry, weaponry, and aeronautics.
Gold is durable, desirable and malleable which is why it is one of the most popular metals and a great investment option. Gold is basically separated from surrounding rocks and minerals by mining and panning. After that, the metal is extracted through various chemical reactions, smelting and then by the gold refining process.
Largest producers: South Africa, the USA, Australia and China
Uses: It is used in making jewelry and for industrial purpose. Gold consists of high conductivity rate which makes it perfect for electronics.