Would you like to obtain the price ranges of osmium? If your answer is “YES”, we recommend you use the tool that we will describe below.
Osmium is a transition metal of the Platinum group, it is located within the periodic table in group 8, between Rhenium and Iridium. Its atomic number is 72, it has an atomic mass of 190.23 and is symbolically represented as “Os”. It is a metal with properties similar to platinum, it stands out for being the metal with the highest density and weight of all, and it is a good thermal and electrical conductor. Given its low abundance in the earth’s crust, osmium ranks 74th among the most abundant elements on planet Earth.
As with other platinum group metals, osmium is used as a catalyst in the manufacture of incandescent tubes, filaments, and light bulbs. In the metallurgical industry, the alloy of osmium and iridium is very common, since it allows the manufacture of metallic elements with high hardness and mechanical resistance. On the other hand, osmium tetroxide is used in forensic medicine in the search of fingerprints and some industries use osmium alloys to create electrical contacts.
Qatar is currently preparing their country to host the FIFA World Cup and for this reason, they need to stock up on osmium. But before doing so, they should check the prices to make sure that no surprise rise in value has occurred. For this, we will need to use a price “alarm” and what better than Metals-API to fulfill that mission.
Why Metals-API?
Metals API is a system that offers up-to-date prices for all metals on the market such as gold, silver, copper or the metal in this article, osmium. This data is obtained with a precision of 2 decimal points and a frequency of up to every 60 seconds. Do not worry about the origin of the information, since Metals-API obtains it from 16 of the most reliable and secure sources in the world. Clients such as Chainlink, Metex or Barrick Gold certify its reliability.
Another interesting fact is that Metals-API allows you to see the prices between 170 currencies from around the world. This is good news for those Qatari businessmen who prefer to see prices in their local currency (Qatari riyal) and not in another such as the US dollar.
Problems? If you have any questions, this service has a virtual chat on its website (always online from 9 am to 6 pm (GMT+1)) or directly, send an email to [email protected]. Urgent requests are usually handled within minutes.
Also published on Medium.