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|Product Type: Precious Metal CFD||Subtype: Metal|
|Currency: USD||Country: United States (US)|
|Trading Hours: According to market||Measurement Unit: Troy Ounce|
Platinum is a chemical element, precious metal and commodity mostly used in jewelry, automobiles and electronicsPlatinum is primarily mined in Russia and South Africa. Half of the mined platinum is used in jewelry, although the metal is also used in the car industry in catalytic converters and fuel cells. Due to its value as a scarce precious metal and limited supply from fewer sources, price movements in platinum can be volatile.