Platinum and Palladium Now Available
Posted on: 05 September 2014 , by: Sheldon Chapman , category: Pepperstone Company News
Pepperstone is happy to announce spot-trading on two additional metals: Platinum and Palladium.
Platinum is a semi-precious metal which is currently more valuable per ounce than Gold. While Gold is ever so slightly rarer in the earth’s crust, Platinum is produced in much smaller quantities. Platinum’s properties as the least reactive known metal and its lustre makes the silver metal highly sought after. Platinum’s major uses are found as a catalyst in cars and as jewellery. You can find Platinum in your trading terminal as the symbol XPT/USD
XPT/USD opens for trading at 01:00 server time and trades through to roll-over each day.
Palladium is a similar metal to Platinum in appearance and function, and is often used as a replacement for the dearer metal in jewellery and industrial uses. Palladium is produced almost entirely in Russia and South Africa and while the silver metal is the fifth rarest element in the earth’s crust, its production volumes exceed that of Platinum. Palladium finds most of its use, like Platinum, as a catalyst as well as in electronics and jewellery. You can find Platinum in your trading terminal as the symbol XPD/USD.
XPD/USD opens for trading at 01:00 server time and trades through to roll-over each day.
The Pepperstone Team.