Iridium is an extremely rare precious metal from the platinum group of metals. It was discovered in 1803 in London, rather casually, in an experiment with osmium. Iridium is much more rare than gold or platinum present in the earth’s crust. Because iridium is very resistant to corrosion, it is used as an alloy, especially in the field of medicine and engineering.
One gram of iridium is currently trading at around 35.- USD. An investment in this rare metal is due to the sheer rarity especially worthwhile. Invest the interested investors either Promote by the metal target, buys about commodity funds or indirectly over mining companies.