Some histories I’ve read indicate that in the 1700’s some counterfeiters plated a newly discovered grayish metal with gold and sucessfully passed it off as the real thing. That metal is now called ‘platinum’. ;~)
Isn’t Platinum more expensive than gold now?
Correct. Platinum closed at $1,444/ounce in New York today. If memory serves, it actually topped $2,000 when gold peaked a couple of years ago.