About Platinum (XPTUSD)
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.
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.
Platinium/ Buy optionThere are several factors that are causing platinum to be much cheaper than gold at the moment. Chief among them is the expected decline in demand for the metal, due to the decline in diesel car sales in Europe, mainly because a significant part of metal consumption is related to catalytic converter
Platinum’s Path to $7,434: A Long-Term VisionPlatinum, often overshadowed by its precious metal counterparts, is poised for a transformative journey. While current forecasts for 2025 suggest modest price movements, a confluence of technical patterns and emerging industrial applications paints a compelling picture for substantial long-term appr
XPT/USD "The Platinum" Metals Market Heist Plan (Swing/Day)🌟Hi! Hola! Ola! Bonjour! Hallo! Marhaba!🌟
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Based on 🔥Thief Trading style technical and fundamental analysis🔥, here is our master plan to heist the XPT/USD "The Platinum" Metals Market. Please adhere to the strategy I've outlined in the chart, which emphasizes long
Long Term BUY PlatinumThis is a long-term accumulation and trade for Platinum. In the short term, we can continue to see the range price action.
The previous cycle lasted approximately 3100 days (8.5 years)
I believe we will see a Platinum price of $4000-5000 by 2037.
The next platinum cycle is around the corner. A tr
Platinum: Protectionism Presents Challenges for a Key MetalBy Ion Jauregui – ActivTrades Analyst
Under a sky of uncertainty and volatility, platinum emerges as a key player in a global economic landscape marked by trade tensions and geopolitical challenges. This precious metal, essential in the automotive, chemical, and jewelry industries, has seen its pri
Platinum Wave Analysis – 15 April 2025
- Platinum reversed from support level 905.00
- Likely to rise to the resistance level 970.00
Platinum recently reversed up from the strong long-term support level 905.00 (which has been reversing the price since April of 2024), standing near the lower daily Bollinger Band.
The upward reversa
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Displays a symbol's price movements over previous years to identify recurring trends.