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There are three major factors:
Abundance: the rarer the metal is, the more expensive it will be.
Demand: the greater the need or desire the more expensive the metal.
Extraction: the harder a metal is to extract from its ore, the more expensive it is.
Wiki User
∙ 13y ago
Wiki User
∙ 14y ago#1, it's worth more. Iron is actually useful; iron ore is really only useful for making iron with (other than that, it's just a rock, though hematite can be polished and made into jewelery).
#2, it costs money to turn iron ore into iron. It would be ridiculous to expect the companies that do that to not pass that expense on to their customers (and add a bit of profit for themselves as well).
Wiki User
∙ 14y agoAlmost all metals cost more than iron. Gold, silver and platinum are in the stratospheric league compared with iron.
Wiki User
∙ 10y agoBecause it is rare..:)
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Is silver carbonate used to remove iron impurities?
Yes , Silver Carbonate can be used to remove iron purities beceause Iron being more reactive than silver replaces silver from silver carbonate . Hence Iron impurities can be removed .
Can you place silver nitrate solution in an iron vessel why or why not?
No. Iron is a more reactive metal than silver, so the iron will replace the silver in the silver nitrate solution, forming an iron nitrate solution and solid silver. Eventually, the iron container will be gone, its atoms having gone into the iron nitrate solution.
How do you tell the difference between silver and iron?
Use a magnet, iron is magnetic and will stick, while silver won't stick. Silver tends to have more of a shine and will be heavier than iron.
Why is silver more valuable than iron?
It mostly has to do with the rarity of the two and supply and demand. Silver is significantly more rare than Iron, and thus is more desirable. With less supply to meet the demand, it is more pricey. Also, silver and other precious metals (gold, platinum) are considered more valuable because they are excellent conductors. The technological age calls for more metals with conducting properties for circuit boards and other electronic components. As a result, they are in more demand than the Industrial Era's iron.
What is werth more silver or sterling silver?
silver because sterling silver is 92.5% silver and the purer it is, the more it is worth.
Is iron less dense than silver?
Silver is more dense because silver is around 10.5g/cc, an iron around 7g/cc. silver atomic number 47, where as iron is 26. This means the nucleus will be much heavier, but also take up more space.
What is more active iron or silver?
Iron is several times more active than silver.
Is silver carbonate used to remove iron impurities?
Yes , Silver Carbonate can be used to remove iron purities beceause Iron being more reactive than silver replaces silver from silver carbonate . Hence Iron impurities can be removed .
Can you place silver nitrate solution in an iron vessel why or why not?
No. Iron is a more reactive metal than silver, so the iron will replace the silver in the silver nitrate solution, forming an iron nitrate solution and solid silver. Eventually, the iron container will be gone, its atoms having gone into the iron nitrate solution.
Is iron more dense than silver?
no
How do you tell the difference between silver and iron?
Use a magnet, iron is magnetic and will stick, while silver won't stick. Silver tends to have more of a shine and will be heavier than iron.
Is magnesium costly to mine or to get?
it is more costly to mine because you have to get scuba gear and mining stuff.
Why is silver more valuable than iron?
It mostly has to do with the rarity of the two and supply and demand. Silver is significantly more rare than Iron, and thus is more desirable. With less supply to meet the demand, it is more pricey. Also, silver and other precious metals (gold, platinum) are considered more valuable because they are excellent conductors. The technological age calls for more metals with conducting properties for circuit boards and other electronic components. As a result, they are in more demand than the Industrial Era's iron.
How do you react silver nitrate and iron?
Silver is slightly more reactive than gold, although they are both very unreactive. Assuming that the gold nitrate exists, because it would be very rare, silver would react with it and displace it. The products formed will be silver nitrate and gold.
Is iron harder than silver?
yes i think so because if you had a iron bracelet and a sliver bracelet you could easily bend the sliver more then the iron.also you have learned 2 things buy iron bracelet because they don't break as fast and the iron is stronger then sliverhope uv learned somethingpeace outlol
What are three metals?
Iron, Gold, and Silver, to name the more common ones.
What is werth more silver or sterling silver?
silver because sterling silver is 92.5% silver and the purer it is, the more it is worth.
