Metal
XPT/USD — Platinum / US Dollar
1 – 5 USD · 15 – 40 USD
Platinum is an industrial precious metal tied to autocatalysts and South African supply. Liquidity is thinner than gold, so spreads and slippage matter.
Risk first
Numbers below are typical ranges, not guarantees — spreads, swaps and volatility differ per broker and market regime. Size every position from your stop distance and account risk, never from a fixed lot habit.
Contract specifications
| Spec | Value |
|---|---|
| Contract size | 1.00 lot = 100 oz |
| Pip / tick value | 0.01 → 1 USD / 1.00 lot |
| Typical spread | 1 – 5 USD |
| Typical daily range | 15 – 40 USD |
| Best trading hours | London and New York sessions |
What moves this market
- ▸Auto industry demand and emissions rules
- ▸South African mining supply and power outages
- ▸Substitution with palladium
Correlations to watch
- ▸Moderate to gold, higher to palladium
- ▸Sensitive to global industrial cycles
How traders approach it
- ▸Position trades on supply news
- ▸Daily-chart levels only
- ▸Small size due to spread
Typical mistakes
- ▸Treating it like gold in terms of liquidity
- ▸Intraday scalping
Related instruments
Analyse it in FX CURIO
Run an AI chart analysis on this instrument, size the position from your stop and check news and correlation risk before you click buy.