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This will help you to refine your approach when you trade platinum. Trading on margin: Thanks to margin trading, Capital. You only speculate on the rise or fall of the platinum spot price. CFD trading is no different from traditional trading in terms of its associated strategies. A CFD trader can go short or long, set stop and limit losses and apply trading scenarios that align with his or her objectives.

All-round trading analysis: The browser-based platform allows traders to shape their own market analysis and make forecasts with sleek technical indicators. Focus on safety: Capital. Buying shares of mining and exploration companies is another popular, albeit indirect way of trading platinum. In times when platinum is rising, investors in platinum stocks can profit. A list of some of the key players in the platinum market includes the following businesses:.

Originally, the company was known as Bishopsgate Platinum. Lonmin A British producer of platinum group metals. The popular British newspaper the Observer once owned the business. Norilsk Nickel Russian nickel and palladium mining and smelting company. Historically, platinum is subject to both investment and industrial demand, which significantly drives its price. In terms of global supply, South Africa accounts for a large percentage of platinum production and this production also has a strong impact on its price.

Therefore, the major platinum price drivers are:. Volatile markets due to political unrest or labour strikes, may slow down the production.


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  • Therefore, the automotive industry has a significant impact on platinum commodity prices. When the auto industry is in good health, platinum tends to performs better. The increasing popularity and demand for electric vehicles is something that could reduce the demand for platinum. Due to a relatively high price of platinum , auto manufacturers are looking for alternative technologies. With the development of these technologies, platinum demand may decrease. To follow the most recent ups and downs of the platinum price , check out our live platinum price chart.

    According to some recent estimates, the annual mining of platinum totals over , kilograms. However, this number tends to decline, due to the cutbacks in platinum production, caused by the relatively low prices. Meanwhile, the top 5 platinum mining countries include the following:. Mine Production in kilograms. Other 4 leaders include the following countries:. Amount of platinum in kilograms.

    Platinum is a multipurpose metal with a bunch of unique characteristics, which makes it popular among various industries. However, the list of major applications includes the following:.

    Platinum Forex Signals Review: Is it a Scam? -

    Since the s, when the air quality laws required catalytic converters on automobiles in order to reduce hazardous emissions, car-makers have been using platinum to produce them. Its attractive shiny appearance and resistance to tarnishing makes it a popular metal for making rings, bracelets, necklaces and watches. They can buy platinum in the form of coins and bullions to diversify their portfolios and hedge them against possible losses from inflation.

    Spread betting TradingView. Indices Forex Commodities Cryptocurrencies. For traders. News and features Capital. Professional clients Institutional Economic calendar Capital.

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    Learn to trade. Why Capital. Our Global Offices Is Capital. Get the app. Log In Trade Now. My account. Your guide to trading platinum Trade platinum CFDs, other major commodities, indices, forex, shares and cryptocurrencies through Capital. Go to market page Get the app Start trading.

    Why is the platinum market important to traders?

    Learn to trade Your guide to commodities trading Platinum. Share Article. For more information, please read here. Give your firm access to the same tools and markets as retail clients. Our website is optimised to be browsed by a system running iOS 9. X and on desktop IE 10 or newer. If you are using an older system or browser, the website may look strange.

    To improve your experience on our site, please update your browser or system. For institutions. Login Open account. CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage.


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