Platinum is a precious metal, second in value only to rhodium—it is currently worth twice as much as gold. It has a face-centered cubic crystal structure. Platinum is already soft at room temperature (HV 55) and very ductile—it can be cold-worked over 90% by rolling and drawing. Unworked platinum’s elastic modulus is 165 GPa. Despite its high melting point, platinum recrystallizes between 500–550°C. Alloying, with for example rhenium or iridium, improves its physical strength. Also dispersion hardening with finely dispersed oxide particles improves strength at temperatures over 1200°C. Platinum is resistant to glass melts and insoluble in acids, but dissolves in aqua regia to form chloroplatinic acid. Alkalis, cyanides and many other molten salts can corrode it. Platinum is the metal most resistant to oxidation at temperatures over 1200°C, oxidizing only slowly in air to create the volatile oxides PtO and PtO2. Platinum occurs in compounds with valences of +2, +4 and occasionally 0.