Welcome to view the price of Platinum. This page provides the platinum price per ounce and its width of price fluctuation, and also provides platinum price charts for the past 90 days, 180 days, 1, 2, 5, and 10 years. Compared to the gold or silver, the history of platinum in the financial sector is much shorter, however, its price is much higher. Platinum as an investment product are loved by more and more people.
Platinum Price Per Ounce
Day's Range: $957.1 - $971.9
Platinum Prices In US Dollar
|Platinum||US Dollar||US Dollar||Platinum|
|1 Ounce||963.8 USD||1 USD||0.00104 Ounce|
|2 Ounce||1927.6 USD||2 USD||0.00208 Ounce|
|5 Ounce||4819 USD||5 USD||0.00519 Ounce|
|10 Ounce||9638 USD||10 USD||0.01038 Ounce|
|20 Ounce||19276 USD||20 USD||0.02075 Ounce|
|25 Ounce||24095 USD||25 USD||0.02594 Ounce|
|50 Ounce||48190 USD||50 USD||0.05188 Ounce|
|100 Ounce||96380 USD||100 USD||0.10376 Ounce|
|1000 Ounce||963800 USD||1000 USD||1.03756 Ounce|
Platinum is a popular precious metal loved by everyone. It is a dense, ductile, malleable, gray-white transition metal. The chemical symbol of platinum is Pt. Platinum is the least reactive metal, occurs in some copper and nickel ores along with some native deposits. It is mostly produced in South Africa, which accounts for 80% of the world production. Platinum is made as exquisite jewelry mixed with other metals. In addition, its investment products are also extremely popular.
Types of Platinum Investment Products:
Platinum is one of the most popular investment products. If you would like to invest in platinum, there are a great number of platinum investment types for selecting. Generally, investors buy platinum investment products as a way of diversifying risk. Platinum investments are held and declared in different forms, such as physical platinum (contains platinum bullions and platinum coins), platinum ETFs, platinum options and futures, etc. It carries some risks no matter what kind of platinum investment type. Therefore, the investors should think twice before deciding to invest.
The International Platinum Markets:
Compared to the gold market or silver market, the platinum market is smaller. In general, the gold markets not only trade gold investment products and silver products, but also trade platinum investment products. Therefore, its markets are similar to the gold markets. It contains London Bullion Market Association (LBMA), CME Group (New York and Chicago markets), Zurich Silver Market (controlled by three banks - UBS, Credit Suisse and Union Bank of Switzerland), Chinese Gold and Silver Exchange Society (CGSE, located in HongKong), and Tokyo Commodity Exchange(TOCOM). By linking these markets, the platinum trading can be achieved within 24 hours of continuous trading in the worldwide network. Naturally, the platinum price fixing of LBMA have a greater influence on the world platinum market price.