Trade XPT/USD with Fondex
Thinking of trading XPT/USD?
- 1. A number of economies favor the consumption of platinum for the purpose of making jewelry. Given the increased popularity of white metal jewelry in the US and also emerging markets, it is also seen as a good investment market. 2. Given the great amount of uses for platinum and its comparative rarity to gold, the platinum market tends to trade at a higher price than gold. Due to its value as a scarce precious metal, the price movements in platinum can be strong. Like gold, it is felt that it is a market which could sustain a bullish trend even though the market direction is bearish.
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