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Platinum PL

1009.50 -0.23%
High: 1024.60 Low: 994.40

A precious metal. Price per troy ounce in U.S. Dollars. Future-CME

Traders' Sentiments

Info

A precious metal. Price per troy ounce in U.S. Dollars. Future-CME

Spread 3 Spread (%) 0.30%
Overnight funding - Buy -0.0365% Overnight funding - Sell -0.0073%
Initial margin 10.00% Maintenance margin 5.00%
Leverage 1:10 Expires daily No
Futures Contract October 2024
Automatic rollover

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What is Platinum?

Platinum (PL) is a precious metal commodity that manufacturers use primarily for electronics, jewelry, and automobiles. Platinum price is impacted by supply and demand, economic indicators, geopolitical tensions, and currency fluctuations. Being rarer and stronger than Gold, its industrial uses, and store of wealth make it hold its valuability.

How do I trade Platinum?

Start trading Platinum in just 5 steps:
  1. Explore what shifts the Platinum price
  2. Learn about Platinum trading at the trading academy
  3. Open and verify your Plus500 account
  4. Develop your trading strategy
  5. Execute your first trade on Platinum

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