Sell Platinum at Spot Price

Robert Brown02 Sep, 2021Other

Looking to sell platinum at spot price? Look no further. But first, let?s take a look at what the spot of platinum is. The platinum spot price is the price of platinum available for delivery now. Platinum is priced by the troy ounce, which has been the standard weight for precious metals since the 1800s in the US and much longer elsewhere in the world. The spot price of platinum is influenced by several factors including the state of the economy, political events, strength of various currencies, and many other macroeconomic factors. Spot prices are used as reference points for dealers to calculate the price they should charge for physical platinum bullion coins, rounds, and bars.