Platinum
Category
Metals
Exchange
NYMEX (CME Group)
Contract Size
50 troy ounces of platinum
Symbol
PL
About Platinum
Platinum futures trade on NYMEX with a 50 oz contract size. Platinum has both precious metal and industrial applications (catalytic converters, hydrogen fuel cells). The platinum-gold spread is closely watched by precious metals traders.
Platinum Price Chart
Loading chart…
Contract Specifications
- Contract Size
- 50 troy ounces of platinum
- Tick Size / Value
- $0.10/oz = $5.00 per tick
- Exchange
- NYMEX (CME Group)
Trading Hours
Sun 18:00 – Fri 17:00 ET with daily halt 17:00–18:00 ET.
Margin Notes
Exchange maintenance margin ~$2,500–$3,500.
More Metals Futures
Micro Gold
MGC · COMEX (CME Group)Micro Gold (MGC) provides gold exposure at one-tenth the standard contract size. With a notional of roughly $20,000, it makes gold futures accessible to retail traders and allows for more precise position sizing.
Micro Silver
SIL · COMEX (CME Group)Micro Silver futures offer reduced-size silver exposure at 1,000 ounces per contract. Given silver's volatility, the smaller contract size helps retail traders manage risk while maintaining real market exposure.
Gold
GC · COMEX (CME Group)COMEX Gold futures (GC) are the global benchmark for gold trading. With a 100 oz contract size, each $1 move in gold equals $100. Gold is traded as a safe-haven asset, inflation hedge, and macro trade against real interest rates. The gold futures market is deeply liquid, with daily volume regularly exceeding 200,000 contracts.
Copper
HG · COMEX (CME Group)COMEX Copper futures (HG) track the price of high-grade copper, often called 'Dr. Copper' for its ability to predict economic activity. Copper is essential in construction, electronics, and EV manufacturing. Rising copper prices often signal economic expansion; falling prices signal contraction.