What Is Platinum Used for Today?

As of 2014, platinum is used for many things, including the production of jewelry. This precious metal is also used to make catalytic converters on vehicles.

Platinum is a popular metal used in many applications and products due to its resistance to rust and other forms of corrosion. Another use for platinum is as a component in the design and manufacturing of various electrical components such as thermocouples and infra-red devices. Some pharmaceutical companies also use platinum in the production of certain medications, mainly anti-cancer treatments. This metal is also used in the construction of glass making tools and equipment.