XPTUSD
Market is closed. Opens in 11h 11m
Platinum vs US Dollar
1541.07
Chart
Specification
| Details | |
|---|---|
|
Contract size
|
100 |
|
Min volume, lot
|
0.01 |
|
Max volume, lot
|
100 |
|
Step volume, lot
|
0.01 |
|
Stops level
|
0 |
|
Avg spread, pips
|
41.3 |
|
Commission, per lot/side USD
|
0 |
|
Margin
|
1% |
|
Long swap, points
|
-16.248 |
|
Short swap, points
|
-17.1 |
|
3 days swap
|
Wednesday |
|
Profit currency
|
USD |
| Trading time (MT server time) | |
|---|---|
| Market is closed. Opens in 11h 11m | |
| Sunday | - |
| Monday | 01:02 - 23:57 |
| Tuesday | 01:01 - 23:57 |
| Wednesday | 01:01 - 23:57 |
| Thursday | 01:01 - 23:57 |
| Friday | 01:01 - 23:57 |
| Saturday | - |
Description
The XPTUSD pair represents the value of platinum (XPT) in US dollars (USD). Platinum is a precious metal used in industrial applications such as automotive and electronics. The pair is often viewed as a measure of economic demand and commodity price movements.
Factors influencing XPTUSD:
- Industrial demand: Platinum’s use in catalytic converters for vehicles and other industrial sectors affects its price.
- USD strength: Fluctuations in the US dollar value directly impact platinum prices.
- Supply dynamics: Platinum supply is concentrated in South Africa and Russia, making it sensitive to geopolitical risks.
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