Source: https://mochatrade.com/learn/glossary/platinum

# Platinum
URL: https://mochatrade.com/learn/glossary/platinum
Last modified: 2026-10-17

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](https://mochatrade.com/learn); [platinum on Mochatrade](https://mochatrade.com/support/what-can-i-trade-on-mochatrade).

## Related terms

- Palladium: https://mochatrade.com/learn/glossary/palladium
- Troy ounce: https://mochatrade.com/learn/glossary/troy-ounce
- Aluminium: https://mochatrade.com/learn/glossary/aluminium
- Silver futures: https://mochatrade.com/learn/glossary/silver-futures
- Gold/silver ratio: https://mochatrade.com/learn/glossary/gold-silver-ratio
- SPY ETF: https://mochatrade.com/learn/glossary/spy-etf

Educational content only. Not investment advice. Leveraged products magnify losses as well as gains.