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Platinum prices declined in European trade on Thursday, sharpening losses for the fourth straight session and plumbing a two-week trough as demand declines on non-yielding assets following the Federal Reserve's last meeting minutes. Concerns are growing about weak actual demand on the metal, especially in China as industrial activities slow...
Platinum prices declined in European trade for the second session to three-month lows as the dollar strengthened against a basket of major rivals following strong US inflation outlook data. Industrial metals remain under pressure from negative outlook for actual demand as the global economy faces recession risks. Prices Today Platinum...
Palladium prices fell on Thursday, as the US dollar rose against its peers, which weighs down on industrial metals in addition to political tensions in the US. Thousands of Trump supporters yesterday stormed the US Capitol building to protest the session that declared Joe Biden the new President of the...
Platinum price touched 987.00 level in its last rise, to form an intraday obstacle agsint resuming the bullish attack, to notice forming temporary sideways fluctuation by its stability near 980.00. Reminding you that the continuation of the extra support at 950.00 and providing extra positive momentum by stochastic, and that...
Platinum Price Analysis Expected Scenario Platinum price succeeded in gathering additional positive momentum yesterday, surpassing the $950.00 barrier and achieving significant gains by rallying towards $977.60, nearing the second awaited target mentioned in our previous report. Stochastic consolidation within the overbought areas and continuous additional positive momentum increase the likelihood...
Platinum Price Analysis Expected Scenario The Platinum price formed mixed trades recently due to stochastic exit from the overbought areas, testing the MA55 at $913.00 followed by starting to renew the bullish trades to settle near $930.00. Positive momentum gathering is essential to activate the bullish attack. It is important...
Frequently asked questions
What is the price of Platinum today?
The price of Platinum is $950.10 (Platinum price - Last update: 2024-04-18 10:50AM UTC)