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Commodity Platinum

Platinum

998.80
+1.473%
High 1001.85 Low 979.31
9.09% 90.91%

Synopsis

The platinum price is a widely followed commodity price around the world. Platinum is a rare and precious metal used in jewelry, electronics and scientific equipment. The mainstream academic view is that heavy elements like platinum are produced in supernova explosions. Platinum is produced by the r-process in Type Ib, Type Ic, and Type II supernovae, and is ejected into the universe by Type Ib, Type Ic, and Type II supernovae. But there is also new evidence that heavy elements like platinum or gold could also have been created by the collision of two neutron stars. Platinum prices are volatile, even more so than gold. With platinum supply still low and demand high, platinum prices will continue to fluctuate significantly. Supply and demand, substitute prices, product costs, trade conditions, national emergencies and wars are all important factors that affect the market.

Trading Terms

  • Contract Size 100
  • Swap Long(Daily) % -0.02300%
  • Leverage 25X
  • Swap Short (Daily)% -0.02272%
  • Minimum Lot Size 0.01
  • Spreads 2.50
  • Maximum Lot Size 20.00
  • Triple Swap Wednesday
  • Maximum Position 100.00
  • Trading Session

Economic Calendar

GMT+8
Currency
Crucial
Events
Previous Value
Forecast
Actual
Crucial
12:50
GBP
BoE MPC Member Mann Speech
-
-
-
A: -
F: -
P: -
See More

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