50x 1 gram Platinum CombiBar™ – Valcambi (In Assay)

Platinum demand for industrial uses drives up Platinum price per gram.

Platinum, like that found in 1 gram Platinum bars, has a number of industrial uses that boost demand for this rare Precious Metal. Platinum, including Platinum by the gram or ounce, is the rarest of all Precious Metals. The concentration of Platinum in the earth’s crust is only 0.005 parts per million, as compared with an element like aluminum with a concentration of 82,300 parts per million. Investing in Platinum is influenced by demand created by industrial use. Some of the top industrial uses for Platinum are as a catalyst in catalytic converters, transforming unburned hydrocarbons in the exhaust into carbon dioxide and water vapor, in the hydrogenation of vegetable oil and in the process of creating higher-octane gasoline. These are just some of the industrial uses that can drive up demand and, in turn, the spot price of Platinum.

When you buy Platinum, or any Precious Metal, you always pay a premium price.

The Platinum price you pay is not the spot price of Platinum quoted and updated constantly online. When you buy Platinum by the gram or ounce, in bars, rounds or coins, you are always also paying a premium Platinum price. From 1 gram Platinum bars to Platinum coins, buyers must pay a premium that includes fabrication, distribution, nominal dealer fees and any numismatic or collector value. When you are investing in Platinum and making a purchase, you will pay the premium price on top of the spot price of Platinum, so it is always good to follow the Platinum spot price to understand how your investment is moving.

While the obverse of this 50 gram Platinum bar appears to be 50 small bars lying together, the reverse shows the bars are a single CombiBar™, stamped with a large logo and a unique serial number.