The precious metals market, like stocks, is constantly fluctuating. Platinum prices can rise or fall due to global economic trends, investor sentiment, and geopolitical events. The Platinum spot price reflects the current market value of one troy ounce of physical Platinum. On this page, you’ll find our live Platinum Price Chart, offering quick access to the latest prices and insights into how Platinum is moving in the market.
View and track live market performance of silver, gold, platinum, and palladium with highlighted price fluctuations in diverse timeframes.
Platinum spot price refers to the current market price of platinum per troy ounce. Spot price fluctuations can result from various macro environmental factors, such as political events, currency strength, and economic state. Dealers use spot prices to help determine the respective merchant premium for platinum bullion.
Disclaimer: Foreign exchange rates and spot prices are delayed. The results are for indicative purposes only which may not match our offered pricing
Platinum spot price refers to the current market price of platinum per troy ounce. Spot price fluctuations can result from various macro environmental factors, such as political events, currency strength, and economic state. Dealers use spot prices to help determine the respective merchant premium for platinum bullion.
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As of December 6, 2023, platinum costs 1 ounce 910.74 USD. Commercial demand and supply, central bank monetary policies, inflation, equity markets, and bonds affect platinum prices. The New York, Tokyo, and London Bullion Markets trade greyish-white platinum. It is malleable and ductile and is used to make vehicle catalytic converters, chemicals and electrical products, and petroleum refineries. Platinum prices depend on the global automobile sector, air quality standards, catalytic converter technology, alternatives, and investor demand. Our 'Platinum Spot Price Chart' covers platinum prices in USD per troy ounce from 1992.
In the last ten years, the value of platinum has risen, leading numerous investors to take notice. Some individuals turn to precious metals, including platinum, to safeguard themselves from the depreciation of the dollar and changes in the stock market. During financial and political unrest, platinum, gold, and silver are regarded as havens of security.
Investing in platinum can take various forms, such as paper platinum and platinum bullion. Platinum bullion is typically available in coin, round, and bar shapes, each with multiple size choices. Some investors favor government-minted coins, while others opt for more affordable bullion bars and rounds. Regardless, there are numerous investment options available for platinum, platinum bar Valcambi, 2023 platinum 1 oz American Eagle, and 2023 platinum Perth Kangaroo are a few examples of platinum bullion eligible for IRA investments.
BOLD Precious Metals offers a comprehensive inventory of investment-grade and collectible platinum bullion products from popular mints at affordable prices.