Platinum
Platinum is a precious metal whose price is a bet on factories and car exhausts: South Africa mines about 70% of it and catalytic converters are its largest use. Carmakers swap it for palladium when one gets too dear, slowly, over years. Module 2; platinum on Mochatrade.
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On MochatradeSee what you can trade on MochatradeRelated terms
- PalladiumPalladium is the metal in petrol car exhausts: over 80% of demand is catalytic converters and Russia mines about two…
- Troy ounceA troy ounce is 31.1035 grams, the unit gold, silver, platinum and palladium are priced in, about 10% heavier than an…
- AluminiumAluminium is the light industrial metal whose production is mostly electricity, so its price is partly a power price.…
- Silver futuresSilver futures are contracts on silver, mainly on COMEX in dollars per troy ounce. More than half of silver goes into…
- Gold/silver ratioThe gold/silver ratio is how many ounces of silver buy one ounce of gold. It rises in fear, when gold is bid and…
- SPY ETFSPY is the SPDR S&P 500 ETF, the first US-listed ETF (1993) and one of the most traded securities on earth, so its…
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