Created
: 2025.06.11
- English
- English
- What's Myforex
- Share
- Use tools
- Get information
- What's New
- Help center
- About us
- Customer support
- Terms and policies
-
-
PortfolioShare your portfolio and performance in real time -
Events & contestsEvents and contests held by retail brokers around the world
-
-
Real-time spread comparisonCompare spreads of major retail brokers in real time -
Volatility analysisVisualize volatility as a measure of daily market activity -
Swap point comparisonCompare buy and sell swap values for each broker by symbol -
Market rates & chartsCheck prices for all instruments offered by each broker -
IndicatorsProviding in-house developed indicators for MT4/MT5 -
Trading calculatorsCalculation tools for each broker to help you trade
-
-
World FX newsLatest news on forex and cryptocurrencies from around the world -
Broker informationTrading information of retail brokers worldwide -
MetaTrader4/5 user guideUser guide collection for the latest MetaTrader4/5 -
Economic calendarRelease calendar for indicators from official sources of major economies
Platinum price rises to 4-year high - Commerzbank
Breaking news
Platinum price rises to 4-year high - Commerzbank
2025.06.11 21:00
2025.06.11 21:00
The price of Platinum continued to soar at the start of the new trading week and broke through the $1,200 per troy ounce mark for the first time in four years on Monday, Commerzbank's commodity analyst Carsten Fritsch notes.
Platinum price continues to soar
"The price is currently trading even higher at around $1,270. The Platinum price is up 27% since 20 May and 40% since the beginning of the year. This means that the Platinum price has risen even more than the gold price, which has 'only' risen by 27% since the beginning of the year."
"At the beginning of April, shortly after the announcement of reciprocal tariffs by US President Trump, Platinum briefly fell back to $900. The price explosion came largely as a surprise. The physical Platinum market has been tight for years without the price being able to benefit from this, apart from brief price spikes that never lasted long."
Last updated
: 2025.06.11
Related articles
Gold struggles for direction amid new tariff headlines
29 minutes agoGold Price Forecast: XAU/USD trades lower around $3,325 amid risk-on market sentiment
2025.07.08 20:34Silver price today: Silver falls, according to FXStreet data
2025.07.08 18:31Silver Price Forecast: XAG/USD hesitates below $37.00 with downside attempts finding buyers
2025.07.08 17:44United Arab Emirates Gold price today: Gold falls, according to FXStreet data
2025.07.08 13:56Gold price drifts lower as reduced Fed rate cut bets offset trade jitters
2025.07.08 13:43
FXStreet is a forex information website, delivering market analysis and news articles 24/7.
It features a number of articles contributed by well-known analysts, in addition to the ones by its editorial team.
Founded in 2000 by Francesc Riverola, a Spanish economist, it has grown to become a world-renowned information website.
Was this article helpful?
We hope you find this article useful. Any comments or suggestions will be greatly appreciated.
We are also looking for writers with extensive experience in forex and crypto to join us.
please contact us at [email protected].
Thank you for your feedback.
Thank you for your feedback.
Most viewed
Gold struggles for direction amid new tariff headlines
Gold (XAU/USD) remains in a well-defined range between $3,320 and $3,350 at the time of writing on Tuesday, amid a looming tariff deadline and potential trade deals.
New
2025.07.08 21:30US Dollar steadies amid sentiment shifts following Trump's tariff extension
The US Dollar (USD) is treading water on Tuesday, struggling to hold onto Monday's tariff-driven gains, as market sentiment steadies following an executive order from United States (US) President Donald Trump extending the tariff deadline to August 1 from July 9.
New
2025.07.08 21:09USD/CHF stalls below 0.8000 with trade tariffs hurting risk appetite
The US Dollar recovery from long-term lows, at 0.7870, has stalled on Tuesday right below the 0.8000 psychological level. The pair is trading with moderate losses on Tuesday, moving around the 0.7980 level, with the safe-haven Swiss Franc underpinned by the growing uncertainty about global trade.
New
2025.07.08 20:34Gold Price Forecast: XAU/USD trades lower around $3,325 amid risk-on market sentiment
Gold price (XAU/USD) drops to near $3,325 during the European trading session on Tuesday.
New
2025.07.08 20:34Dow Jones Futures extend losses with trade uncertainty weighing on sentiment
Dow Jones Index Futures point to a slightly negative opening on Tuesday following a significant decline on Monday.
New
2025.07.08 19:50USD/JPY jumps to near 146.30 as Trump threatens 25% tariffs on Japan
The USD/JPY pair climbs to near 146.30 during the European trading session on Tuesday. The pair gains as the Japanese Yen (JPY) underperforms across the board, following the announcement of 25% reciprocal tariffs by United States (US) President Donald Trump on imports from Japan.
New
2025.07.08 19:49EUR/GBP Price Forecast: In a corrective pullback, supported by 0.8600
The Eurozone has skipped the first round of tariff letters by the US Administration, and that is good news for the Euro.
New
2025.07.08 18:53USD/CAD corrects to near 1.3640 as Trump announces new tariff rates
The USD/CAD pair retraces to near 1.3640 during European trading hours on Tuesday. The Loonie pair corrects as the US Dollar (USD) gives up half of tariff-inspired gains made on Monday.
New
2025.07.08 18:38Silver price today: Silver falls, according to FXStreet data
Silver prices (XAG/USD) fell on Tuesday, according to FXStreet data.
New
2025.07.08 18:31AUD/USD Price Forecast: Rises to near 0.6550 after moving slightly above nine-day EMA
The AUD/USD pair is retracing its 1% losses registered in the previous session, trading around 0.6540 during the European hours on Tuesday.
New
2025.07.08 18:10Disclaimer:
All information and content provided on this website is provided for informational purposes only and is not intended to solicit any investment. Although all efforts are made in order to ensure that the information is correct, no guarantee is provided for the accuracy of any content on this website. Any decision made shall be the responsibility of the investor and Myforex does not take any responsibility whatsoever regarding the use of any information provided herein.
The content provided on this website belongs to Myforex and, where stated, the relevant licensors. All rights are reserved by Myforex and the relevant licensors, and no content of this website, whether in full or in part, shall be copied or displayed elsewhere without the explicit written permission of the relevant copyright holder. If you wish to use any part of the content provided on this website, please ensure that you contact Myforex.
Myforex uses cookies to improve the convenience and functionality of this website. This website may include cookies not only by us but also by third parties (advertisers, log analysts, etc.) for the purpose of tracking the activities of users. Cookie policy
