Pt Spot Price
The Engelhard Industrial Bullion (EIB) Price is indicative of the price at which BASF Corporation or BASF Metals Japan Limited, respectively, would be willing to sell the priced industrial grade metal to a hypothetical customer at a point in time and for delivery at a BASF facility.
The spot price of platinum is influenced by several factors including the state of the economy, political events, strength of various currencies, and many other macroeconomic factors. Spot prices are used as reference points for dealers to calculate the price they should charge for physical platinum bullion coins, rounds and bars. Live Spot Prices for Gold, Silver, Platinum, Palladium and Rhodium in ounces, grams, kilos and tolas in all major currencies.
The spot price of gold is the most common standard used to gauge the going rate for a troy ounce of gold. The price is driven by speculation in the markets, currency values, current events, and many other factors. Gold spot price is used as the basis for most bullion dealers to determine the exact price to charge for a specific coin or bar.
The EIB reflects BASF Corporation’s or BASF Metals Japan Limited’s view of the market, including but not limited to prevailing prices, current bids and offers and future supply and demand for industrial grade metal, as well as supply and demand factors peculiar to BASF. Therefore, the EIB does not necessarily reflect the price in the market as a whole and is not intended as a benchmark price as that term is understood in Regulation (EU) 2016/1011 or any other applicable law or regulation.
Spot Price Of Platinum Today
Pt Pd Spot Prices
The EIB is the exclusive property of BASF, is illustrative only and is made available without charge for the information and convenience of BASF’s industrial grade metal customers. BASF reserves all rights in the EIB and any use of the EIB without the prior written consent of BASF is prohibited. BASF Corporation and BASF Metals Japan Limited do not warrant the accuracy of the EIB and specifically disclaims all liability for any loss incurred by any party arising from or in connection with their reliance on the EIB.