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.