What’s Worth More Than Gold?

Gold has long been a symbol of wealth, and with so many other items out there that have become more valuable, why does it still hold such a place in our hearts?  Luckily, you can also purchase pieces that have other precious metals in them. This includes things like jadeite, iridium, and ruthenium.

Silver

The question is, is silver really worth more than gold? After all, it’s a rare metal and it’s worth a lot. The truth is, it’s actually less expensive than gold and there are some real benefits to owning it. But it can also be volatile and illiquid.

Fortunately, it’s easier to buy and store than gold. Plus, there are more uses for silver.

The relative value of silver has changed dramatically over the course of the last century. A few years ago, one ounce of silver was worth around 31 ounces of gold.

Platinum

There are two types of platinum. There is white gold, and then there is platinum. The platinum that is used for jewelry is the most valuable. It is a lot more dense than other gold alloys. It is a rare metal and it does not tarnish easily. It does not irritate the skin, and it is hypoallergenic.

Jadeite

Jadeite is a rare mineral. Its price ranges from $2 to $3 million per carat. The market for this gem has seen great growth in the past 10 years. However, the industry faces serious concerns about labor conditions and human rights.

The value of jade depends on the color, texture and craftsmanship. These factors are important in the middle to high-end markets. Eddy Hui, the artistic director of Edward Chiu Jewelry Art in Hong Kong, says that Western clients are increasingly interested in originality and fine workmanship.

Ruthenium

There are a number of metals that can be valuable for investment. However, most people tend to opt for gold or silver. While these metals are durable and have a long history of use, they are also costly.

Ruthenium is a transition metal. It is one of the few metals that has an outer shell with only one electron. All other group eight metals have two electrons in the outer shell.

Saffron

Saffron, also known as red gold, is a spice that is widely used in many foods and recipes. It adds flavor and color to many dishes and is believed to have health benefits. The most common is Iran, which leads the world in saffron production. Other major producers are China, India, Spain, Pakistan, Morocco, and Greece. Saffron is one of the most expensive spices in the world. The price can be as high as $8000 per kilo.

Iridium

Iridium is one of the most precious metals on the planet. It is the second-densest metal after osmium and is very rare. The price of iridium has surged 131% in the past three months.

The price of iridium has climbed to nearly $6000 per Troy ounce. The rising demand for electronics and hydrogen fuel cells has increased its popularity. However, the iridium market is relatively small. The market is driven mainly by industrial users.

 It is also a valuable alloy strengthening additive. Its unique properties make it an ideal material for high-temperature applications. Its hardness and resistance to corrosion make it suitable for crucibles and other containers for melting other metals.