Inflation fears are driving expectations that the Federal Reserve will have to raise interest rates as early as next week, and they have taken their toll on the precious metals market, including platinum.
However, despite the difficult macroeconomic environment, the World Platinum Investment Council (WPIC) said the platinum market’s underlying fundamentals remain relatively tight, with…
SPOT : The spot price reflects Gold, Platinum, or Silver’s paper market value, but the real cost of bullion is higher due to dealer premiums, minting, shipping, and market demand.
SPOT PRICE :
- Gold
AUD $
- Platinum
AUD $
- Silver
AUD $
PHYSICAL : The actual price of physical Gold, Platinum, or Silver is always higher than the paper spot price. This is because the spot price represents the paper or electronic market value, not the physical metal in your hand.
PHYSICAL PRICE :
- Gold
AUD $
- Platinum
AUD $
- Silver
AUD $
PRICE
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