TOP 10 PRECIOUS METALS ON THE EARTH

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TOP 10 PRECIOUS METALS ON THE EARTH

In this article we will talk about top 10 precious metals on the earth, we know that metals are the natural resources which a particular country has. All natural resources available in the country are by the grace of God. Metals all over the world are very expensive but some of them are much more valuable as they are rare. Jewelry is made by using these metals which makes them more expensive. Everyone notices when we see any precious metal on a ring or earrings and we know that it must be expensive. These valuable metals enhance the beauty of jewelry and make them more attractive. Some metals are even more expensive than gold. Purchase of these metals need a big investment as they are very high in prices. These metals are also exported to other countries which lack in them. By reading this you will be able to know about top 10 most valuable metals of the world.

Here are top 10 valuable metals on the earth, which are as follow

1. Rhodium

2. Platinum

3. Gold

4. Ruthenium

5. Iridium

6. Osmium

7. Palladium

8. Rhenium

9. Silver

10. Indium

The following are top 10 valuable metals on the earth with some information about them:

10. INDIUM

This is a rare metal produced from zinc, iron and copper. When it is pure its color is white and very shiny. It was used for coating for bearings in aircraft engines in World War2. It is also to make semiconductors and alloys etc. It is expensive of about $500 per Kg. Its largest producer is China and Japan. It is exported by its main producers to all other countries which lack them. These metals are the natural resources which a country owns and help them to increase their economy.

TOP 10 PRECIOUS METALS ON THE EARTH

9. SILVER

We all know that silver is used to make jewelry, photography, coins etc. This is used to decrease the spread of bacteria, control smell in shoes etc which increases its use. The top producers of silver were Peru, China and Chile in 2009. It is an expensive metal; price is about $432 per kg in 2010 which rises after that. As it is used in many things so is the most valuable and used metal of the world today. In old days crockery was also made from silver now they are antique. Silver is also used to make decoration pieces which look very beautiful and unique.

TOP 10 PRECIOUS METALS ON THE EARTH

8. RHENIUM

It was discovered in 1925 and is used in high temperature engines. It is used to make filaments etc. Chile and The United States are largest producers of this metal and export them other countries. As per its prices were about $4548 per kg which shows it is expensive. This metal has the 3rd highest melting point.

TOP 10 PRECIOUS METALS ON THE EARTH

7. PALLADIUM

This is the member of precious metals on the earth. This is more value because of its very high demand by industries. It is used in making jewelry to create white gold, electronic products etc. Its price is about $8483 per kg which rises in last few months. Its main producers are South Africa, United States and some other countries. Its color is grayish white similar to silver color. It has the ability to absorb and reduce the room temperature.

TOP 10 PRECIOUS METALS ON THE EARTH

6. OSMIUM

It is one of the densest elements available on earth. It was discovered in 1803. Its color is silver blue type. Its prices in 2013 were about $12,700 per kg. It is hard and has high melting point. It is mostly used to make platinum alloys, filaments etc. It has some dangerous side effects like skin and eye problems. Its largest producers are Russia and South America.

TOP 10 PRECIOUS METALS ON THE EARTH

5. IRIDIUM

It is the member of platinum group. Its color is white and has highest melting point. Water and even acids cannot cause any harm to it. This metal is difficult to obtain and change to shape. It is mainly produced in South Africa. Its price is about $13,548 per kg. It is used to make medicine, electronics and some products as well like pens and watches. This precious metals on the earth is most difficult to find in the world.

TOP 10 PRECIOUS METALS ON THE EARTH

4. RUTHENIUM

It was discovered by a Russian scientist in 1844. Its color is bright gray. Its main features are hardness and rare. Its main producers are Russia, America and Canada. It is obtained from a very complex chemical process that’s why very precious. It is mainly used in electronic products to make contacts between electric wiring. Its color is like silver but more strong than that.

TOP 10 PRECIOUS METALS ON THE EARTH

3. GOLD

Gold is most precious metals of the world. This metal is very durable and desired by everyone. It is very expensive and needs more investment to purchase it. Its price is about $40,290 per kg. Its main producers are South Africa, Australia and China. It is extracted from rocks and minerals by many chemical processes and melting of rocks. It is used to make jewelry and industrial products. Jewelry made from gold is very famous and mostly used all around the world. Its prices are increasing very day. Gold is also most used precious metal in countries like Pakistan.

TOP 10 PRECIOUS METALS ON THE EARTH

2. PLATINUM

It is also most valuable metal in the whole world. Its main producers are South Africa, Russia and many other countries. It is more famous because of its density and hardness. It is mostly used and well known precious metal all around the world. It is used to make jewelry and weapons. Jewelry made by this is very attractive and expensive. Products made up of platinum are available all around the world. But are expensive not in the range of a common man. Somepeople celebrate their 75 wedding anniversary and call it platinum on which gifts made up of platinum are given to them.

TOP 10 PRECIOUS METALS ON THE EARTH

1. RHODIUM

This is the most valuable metal in the whole world. Its color is silver and is very shiny. It is mainly used for reflective purposes like lights and mirrors etc. It is also used in finishing of jewelry to make it look more good and attractive. It is also used in automotive industry. It is very rare and found only in some countries. In 2010, 60% of it came only from South Africa which makes it biggest producer of it. Its price is about $46,516 per kg. Its price is decreasing from few months but still on the top of the list in most valuable and expensive metal in the world.

TOP 10 PRECIOUS METALS ON THE EARTH

CONCLUSION

We conclude that all the above discussed are top 10 most valuable metals of the world. All these precious metals on the earth are very expensive in prices because they are rare not available everyone in bulk. There are only some countries which are its biggest producers and export them to all other countries. Many metals are found in the whole world but some of them are rare and expensive than others. All these precious metals on the earth are the natural resources which a country owns and extract them to raise their economy. By reading this you will be able to know top 10 most valuable metals in the world and in which countries they are found and products made by them

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