One of the rarest of the known elements is platinum. In practical applications it has an amazing resistance to corrosion. The huge auto industry relies on it for producing catalytic converters. Platinum will remain valuable as a manufacturing product as well as for the beautiful jewelry that is made from it. As a precious metal commodity, it is produced in ingots, bars, and coins. All of the world’s major national mints also produce these coins in proof quality. This page updates with the current world spot prices as well as a fine assortment of this precious metal.