XPT/GBP: what to know
The XPT/GBP rate shows how much GBP you get for 1 XPT. Right now, 1 XPT buys 1,187.81 GBP at the mid-market rate. In the other direction, 1 GBP is worth 0.000842 XPT.
In the short term XPT is driven mainly by industrial (auto) demand and supply, while GBP responds to Bank of England policy and the UK economy.
Platinum is rarer than gold and vital for catalytic converters. The British Pound (GBP) is issued by Bank of England. The pound sterling has been in use for over 1,200 years.
Over the past 12 months the XPT/GBP rate has ranged between 963.1811 and 2,090.61 — a change of +7.79% 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.