USD/XPT: what to know
The USD/XPT rate shows how much XPT you get for 1 USD. Right now, 1 USD buys 0.000551 XPT at the mid-market rate. In the other direction, 1 XPT is worth 1,816.35 USD.
In the short term USD is driven mainly by Fed policy, US growth and global risk appetite, while XPT responds to industrial (auto) demand and supply.
The US Dollar (USD) is issued by Federal Reserve (Fed). Most of the world’s central-bank reserves are held in US dollars. Platinum is rarer than gold and vital for catalytic converters.
Over the past 12 months the USD/XPT rate has ranged between 0.000351 and 0.000731 — a change of -24.19% versus a year ago.
Because this pair involves a precious metal, the rate reflects global bullion prices per troy ounce. Use this mid-market figure as your benchmark: compare it with the rate your bank or broker quotes, and the difference is the margin you would pay.