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platinum

 
 
/ˈplætɪnəm/ US   /ˈplætənəm/ noun [U]

Definition

STOCK MARKET, NATURAL RESOURCES a very valuable silver-grey metal that is used in industry and often traded on the commodity market: Platinum rose to $1,293.50 an ounce after hitting a record $1,298.50 during the day's trading.
(Definition of platinum noun from the Cambridge Business English Dictionary © Cambridge University Press)

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