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Platinum - Cash price

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About Platinum - Cash

Platinum is a chemical element and precious metal derived from the term “little silver” in Spanish. It has the chemical symbol Pt and an atomic number of 78 from the periodic table. It is a dense, malleable, ductile and grey-white metal that is one of the least reactive to water, acid or oxidation. It also has a very high melting point. Platinum is obtained naturally as a by-product from nickel and copper ore mining and processing, as one of the Earth’s rarest elements. It used for a number of processes in different markets, including as a catalyst in chemical reactions, alloying agent for electrical contacts and medical instruments, and for the manufacturing of automobiles. For this reason, platinum’s price is mainly influenced by supply and demand in the automotive industry, although the majority produced comes from South Africa, which is a more cost-effective manner. It is also one of the most popular precious metals among commodity traders. Start spread betting or trading CFDs on our Platinum – Cash price.

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Trading details

minimum spread
N/A
minimum size (new)
0.001
Shorting allowed
Yes
GSLO allowed
No

Holding costs

Daily - Sell
0.00
Daily - Buy
0.00
Yearly - Sell
0.00
Yearly - Buy
0.00

Margin rates

Tier Units Rates

Trading hours

(shown in London local time )

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