Top 7 Most Expensive Precious Metals in the World

Platinum – $1,020 per ounce

Platinum is being sold at $1,020 per ounce, it is one of the rarest elements in earth’s crust. Meanwhile, because of its scarcity only a few tons are produced annually, it is a precious metal as well as a noble metal, and most of it about 80% of it can be found in South Africa, while the other 20% are in America and Europe. Platinum is used for making jewelry, but its main use, however, is in catalytic converters for cars, trucks, and buses.

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