The correlation between gold and intrinsic value has held strong for centuries – but what about other metals? Unbeknownst to many, the current market value of platinum is nearly identical to that of gold. Yet despite its many useful qualities and properties, platinum has been left by the wayside. Not to be outshines any longer, platinum has proven its mettle in several industries and applications, some of which are outlined below.
Apparently not everyone in the sixties experimented with LSD – a select few focused their mental capacities on platinum and found that it reduced the division of cells in humans. This discovery led to the research and manufacturing of platinum-based anti-cancer drugs. While platinum is still being tested for cancer treatment applications, it is currently used in minimally invasive surgeries in the form of microscopic wire.
If you think the most important factors in selecting a new car are Bluetooth, bum warmers and cup holders, you’re wrong. Platinum is an essential catalyst responsible for converting the pollutant chemicals that spew from your otherwise glamorous vehicle into carbon dioxide and hydrogen dioxide. As clunkers die out and emission standards become more stringent, demand and use for platinum will steadily increase. Just don’t confuse platinum catalysts in the exhaust for a flash platinum finish on your new Benz – while one form of platinum maintains clean air, the other is simply debonair.
In an age when yogurt keeps longer than some matrimonies, there is one marriage that is sure to last – the bond between platinum and diamonds. Platinum is quickly replacing gold as a standard for wedding and engagement bands. Not only does platinum shine more brilliantly than gold, its luster lasts far longer. As well as being non-corrosive, platinum is hypoallergenic. So if you’re sensitive to certain metals, invest in that platinum engagement ring. If it’s commitment you’re allergic to, stick to gold. And if you’re a helpless romantic with money to spare, consider your string of engagements a passionate albeit misguided method of precious metals investing.
Due to its impressively high melting point (over 1700 degrees Celsius), platinum is used as an alloy in the manufacturing of several glass products and materials. Everything from mason jars to television screens requires non-reactive metal in the production process, and platinum has proven to be the metal of choice in several industries. Take a moment right now and count all the glass items within your reach – chances are platinum helped shape and mold the majority of those items. The very screen on which you are reading this article is likely to be an LCD screen, yet another product that cannot be manufactured without platinum. So the next time you find yourself holding a finely crafted champagne flute or a handsome martini glass, go ahead and make a toast to platinum.