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All told, Thomson Reuters GFMS is predicting at least a 700,000-ounce physical platinum deficit this year. It projects that platinum will pass $1,700 per ounce by the end of 2014, a 18% increase from today's price.
Obsidian can cost as little as 4$ per pound, but that is a little cheap. It usually costs around 8$ per pound. It also depends on what type of obsidian and how much impuritiesâ¦ are in it. ex: Rainbow obsidian costs roughly 15$ per pound if it has minor amounts of impurities in it.