Expensive Metal
Top 10 Most Valuable Metals in the World in 2023
The beauty of the natural world lies not only in its breathtaking landscapes but also in the hidden treasures it holds beneath the surface. Mother nature has gifted us with a wide array of precious metals that have captivated humanity for centuries. Among these treasures, some metals stand out for their rarity, durability, and exceptional properties. These metals possess unique qualities and characteristics that make them highly valuable and sought-after.
What Can Make a Metal Precious?
Precious metals possess a set of distinctive characteristics that set them apart from common metals. These characteristics include rarity, high economic value, resistance to corrosion, and desirable physical properties such as lustre and malleability.
Precious metals often find applications in various industries, including jewellery, electronics, automotive, aerospace, and medicine. Their scarcity and high demand contribute to their value, making them desirable commodities for investors and collectors alike.
Read more: Gold vs Diamond: Which Should You Choose for Investment?
What are the Top 10 Most Expensive Metals in the World?
In this article, we will explore the top 10 most valuable metals in the world in 2023. From their specific features to their diverse applications, each of these metals holds a significant place in various industries and investment portfolios.
Iridium
Iridium (Ir) is denoted by the symbol Ir and holds the position of atomic number 77. In 1803, while studying platinum, British scientist Smithson Tennant analysed the insoluble residue and identified it as a new metal. In recent times, iridium has been primarily mined in South Africa, Russia, and Canada.