Platinum (XPTUSD) Down $6.55 On 4 Hour Chart, Entered Today Down 0.72%; Eyes 50 Day Average

Platinum Daily Price Recap

The back and forth price flow continues for Platinum, which started today off at 901.4702 US dollars, down 0.72% ($6.55) from the previous day. Relative to other instruments in the metals asset class, Platinum ranked 2nd since the previous day in terms of percentage price change. Let’s take a look at the daily price chart of Platinum.

XPTUSD

Platinum Technical Analysis

The clearest trend exists on the 90 day timeframe, which shows price moving up over that time. For additional context, note that price has gone up 17 out of the past 30 days.

Overheard on Twitter

Behold! Here are the top tweets related to Platinum:

  • From joburgindaba:

    Stephen Forrest: forecast is for platinum to remain oversupplied in the short term. In the longer term, a deficit will push up the platinum price, prompting more projects to come online, but this is unlikely to offset the deficit going into 2030 #pgmsindustryday #joburgindaba

  • From platinumquote:

    Hong Kong #Platinum #Price Morning Session Open: $907.8 USD per oz 2020-09-08 08:30:18 HKT