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XPTUSD
XPT / US Dollar
Past performance is not an indication of future results.
About
Platinum is a naturally occurring precious metal which is grayish white in colour.
Factors affecting XPTUSD
1. Supply and demand. Price falls when supply exceeds demand, and rises when demand exceeds supply. 2. Platinum and gold price have an effect each other. In general, platinum and gold are positively correlated. 3. U.S. dollar exchange rate. Generally speaking, Platinum price is negatively correlated with US dollar price.
Economic data affecting XPTUSD (ordered in terms of importance)
1. U.S. Non-farm Payroll data (NFP) 2. Interest rate decisions of the Federal Reserve 3. Speech by the Federal Reserve Board of Governors 4. U.S. GDP, CPI, PCE, etc.
