How is the platinum spot price set?
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What is the highest price platinum has ever been

What is the platinum grand prize? The all-time high for platinum was around $2,270 per troy ounce. It was considered achieved in March 2008.

Is platinum cheaper right now

Platinum hit its best low of $600 an ounce, rising to $1,200 an ounce in 2021. This roughly corresponds to the average price of platinum over the last 10 most important years (~$1,177/oz). However, gold remains well below the price created by gold. It will have to advance another 50% to catch up with the yellow metal.

Will platinum be worth more than gold

Platinum: Although it looks almost the same, platinum is much more expensive than gold. Platinum’s high asking price can be explained by scarcity and density, as precious stocks are often valued by their excess fat.


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What is the spot price of platinum

XAG/USD Technical Forecast: Neutral bearish, well positioned above DMA spot. (XAG/USD shows gold down 0.34% while platinum and copper are down over 0.39% and 0.60% respectively. Meanwhile, the US dollar index (DXY) is the better indicator.

Why is platinum so low

Why is the price of platinum so low? February Paulette Feldman. A number of factors were responsible for both its demise and the conquest of their desktop computers, some of which include: High industrial demand in diesel car pricing – platinum is used as an automatic catalyst, then political turmoil in the South. Africa in 2007 – and rising fees

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How is the platinum spot price set

The spot price of gold trades almost 24 nights on weekdays, ending on the weekend. The spot price for platinum comes primarily from stock exchanges in London, Zurich, New York, Chicago, China and Hong Kong. The current fluctuations in platinum spot prices are generally driven by the NYMEX and COMEX exchanges.

What is the market price for platinum

Platinum Rose $23.89/t. as well as 2.24% since its inception in 2021 based on CFD trading that tracks the exact benchmark market for this commodity. Platinum historically peaked at 2290 in March 2010. Platinum – data, forecast, historical route – last updated in February 2021.

What happens if the the spot price exceeds your bid price and you have running spot instances

If you are using a Spot Instance and a portion of the market price exceeds your auction payment, your instance will be closed or sometimes stopped (you will be notified two minutes in advance).

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