CFDs on Platinum (US$ / OZ)
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PLATINUM (Derived Data)

PLATINUM (Derived Data)
CFDs on Platinum (US$ / OZ)
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Platinum as an investment has a much shorter history in the financial sector than does either gold or silver, which were known to ancient civilizations. Experts posit that platinum is about 15-20 times scarcer than gold, on the basis of annual mine production. Because of this fact, platinum has nearly always tended to sell at a significant price premium to gold. More than 75% of global platinum is mined in South Africa.
The price of platinum changes along with its supply and demand; during periods of sustained economic stability and growth, the price of platinum tends to be as much as twice the price of gold; whereas, during periods of economic uncertainty, the price of platinum tends to decrease because of reduced demand, falling below the price of gold, partly due to increased gold prices.

Related Symbols

XPTUSD
Platinum / U.S. Dollar
 
   
PL1!
Platinum Futures
 
   
PL2!
PLATINUM FUTURES (CONTINUOUS: NEXT CONTRACT IN FRONT)
 
   
PT1!
PLATINUM FUTURES (CONTINUOUS: CURRENT CONTRACT IN FRONT)
 
   
ptuusd
 
 
   

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