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 gold or silver, the history of platinum in the financial sector is much shorter. platinum can be made of platinum jewelry, also can be an investment product. platinum as an investment product is loved by more and more people.
Platinum Price Per Ounce
Platinum Price Per Ounce
955.6 US Dollar -3.8 (-0.40%)
Prev. Close: $959.4
Day's Range: $952 - $959
Prices Updated: Aug 12, 2022 at 03:08 NY Time
Platinum Price Chart
Platinum Prices History
|Date||Platinum Prices||Gold Prices|
Platinum Prices In US Dollar
|Platinum||US Dollar||US Dollar||Platinum|
|1 Ounce||955.6 USD||1 USD||0.00105 Ounce|
|2 Ounce||1911.2 USD||2 USD||0.00209 Ounce|
|5 Ounce||4778 USD||5 USD||0.00523 Ounce|
|10 Ounce||9556 USD||10 USD||0.01046 Ounce|
|20 Ounce||19112 USD||20 USD||0.02093 Ounce|
|25 Ounce||23890 USD||25 USD||0.02616 Ounce|
|50 Ounce||47780 USD||50 USD||0.05232 Ounce|
|100 Ounce||95560 USD||100 USD||0.10465 Ounce|
|1000 Ounce||955600 USD||1000 USD||1.04646 Ounce|
Platinum is a precious and lustrous silvery-white metal. It is a soft silver-white metal that resembles palladium. It is the least dense and has the lowest melting point of the platinum group metals. The chemical symbol of platinum is Pd. Ore deposits of platinum are rare. It is mostly found in South Africa, the Stillwater Complex in Montana, the United States, the Thunder Bay District of Ontario, Canada, and the Norilsk Complex in Russia. Platinum is used in dentistry, electronics, medicine, chemical applications, hydrogen purification, groundwater treatment, and jewelry. Its investment products are 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 (GCSE, located in HongKong), and Tokyo Commodity Exchange(TOCOM). By linking these markets, platinum trading can be achieved within 24 hours of continuous trading in the worldwide network. Naturally, the platinum price-fixing of LBMA has a greater influence on the world platinum market price.