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Price of 7663440946 Pounds Lbs of Platinum

7663440946 Pounds-lbs of Platinum is equal to
= $1.0730007991495E+14
7663440946 pounds-lbs of platinum = $1.0730007991495E+14
76634409460 pounds-lbs of platinum = $1.0730007991495E+15
766344094600 pounds-lbs of platinum = $1.0730007991495E+16
7663440946000 pounds-lbs of platinum = $1.0730007991495E+17
More Price Conversion:
1 pounds-lbs of platinum
573 pounds-lbs of platinum
259000 pounds-lbs of platinum
6200648936 pounds-lbs of platinum

*please enter quantity number, select a unit and the type of commodity goods, then click getPrice button.

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*The average price as of Mar 2024.
Source: markets.businessinsider.com

Average Commodity Price

Use this tool to find the average price of commodities.

What is a commodity?

In economics, a commodity is an economic good or service that has full or substantial fungibility: that is, the market treats instances of the good as equivalent or nearly so with no regard to who produced them.

The price of a commodity good is typically determined as a function of its market as a whole: well-established physical commodities have actively traded spot and derivative markets. The wide availability of commodities typically leads to smaller profit margins and diminishes the importance of factors (such as brand name) other than price.

Most commodities are raw materials, basic resources, agricultural, or mining products, such as iron ore, sugar, or grains like rice and wheat. Commodities can also be mass-produced unspecialized products such as chemicals and computer memory.