Platinum Spot

XPT/USDREFERENCE

Gold spillover + industrial supply gap

Updated 2026-09-03T10:31:27.773Z

Live price

$1018.40 ▲ +0.61%

Open

$1012.02

High

$1021.21

Low

$1009.34

Prev Close

$1012.19

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Platinum Spot confluence

NEUTRAL
61/100 BULLISH · MEDIUM confidence
0Neutral100

Biases

Macro BULLISH
Technical NEUTRAL
AI BULLISH

Supporting

  • Fed Policy — Fed funds 4.25% · stance 0.6
  • Real Yields — 10Y TIPS 1.52%
  • DXY — DXY 97.45 · down

Conflicting

  • Geopolitics reading 28 resists the bullish case

Invalidation

  • Real yields reverse against the thesis
  • Platinum Spot loses key support/resistance
  • A surprise inflation or labour print flips the regime overlay

Scenarios

REFERENCE
Base case 55%
Consolidation 30%
Invalidation 15%
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Key levels

Resistance

$1040.00

$1085.00

Support

$986.00

$955.00

Invalidation

$940.00

Character

Regime

reflation

Volatility

medium

Liquidity

medium

Sentiment

60/100

Positioning & narrative

60/100

Auto-catalyst demand recovery; hydrogen optionality

Palladium substitution and green-hydrogen demand are structural tailwinds.

AI view

Gold spillover + industrial supply gap.

Events that can move Platinum Spot

DateEventRegionImp.PrevForecast