XPT/USD: what to know
The XPT/USD rate shows how much USD you get for 1 XPT. Right now, 1 XPT buys 1,807.32 USD at the mid-market rate. In the other direction, 1 USD is worth 0.000553 XPT.
In the short term XPT is driven mainly by industrial (auto) demand and supply, while USD responds to Fed policy, US growth and global risk appetite.
Platinum is rarer than gold and vital for catalytic converters. The US Dollar (USD) is issued by Federal Reserve (Fed). Most of the world’s central-bank reserves are held in US dollars.
Over the past 12 months the XPT/USD rate has ranged between 1,367.30 and 2,852.40 — a change of +31.91% 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.