Live Metal Prices / oz
Gold: 2496.39 EUR
Silver: 29.42 EUR
Platinum: 880.05 EUR
Palladium: 910.16 EUR
Rhodium: 4595.59 EUR

Live Platinum Prices and Historical Platinum Price Charts

Live metal spot prices (24 hours): 06/12/2024 18:51:01

Platinum Spot Prices Platinum Price Today Spot Change
Platinum price per Gram 28.29 EUR 0.01 EUR (-0.04%)
Platinum price per Ounce 880.05 EUR 0.33 EUR (-0.04%)
Platinum price per Kilogram 28,294.40 EUR 10.48 EUR (-0.04%)
Platinum price per 1g 333 9.42 EUR 0.00 EUR (-0.04%)
Platinum price per 1g 585 16.55 EUR 0.01 EUR (-0.04%)
Platinum price per 1g 750 21.22 EUR 0.01 EUR (-0.04%)
Platinum price chart in

Actual Platinum price in USD Price
USD 1/4oz 7.78 g 232.32
USD 1/2oz 15.55 g 464.34
USD 1oz 31.1035 g 928.77
USD 2oz 62.207 g 1,857.55
USD 5oz 155.5175 g 4,643.87
USD 10oz 311.035 g 9,287.75
USD 12oz 373.242 g 11,145.29
USD 20oz 622.07 g 18,575.49
USD 25oz 777.5875 g 23,219.36
USD 1.0 g 29.86
USD 2.0 g 59.72
USD 5.0 g 149.30
USD 10.0 g 298.61
USD 20.0 g 597.22
USD 25.0 g 746.52
USD 50.0 g 1,493.04
USD 100.0 g 2,986.08
USD 200.0 g 5,972.15
USD 250.0 g 7,465.19
USD 500.0 g 14,930.39
USD 1kg 29,860.77
USD 2kg 59,721.55
USD 5kg 149,303.87
Actual Platinum price in EUR Price
EUR 1/4oz 7.78 g 220.13
EUR 1/2oz 15.55 g 439.98
EUR 1oz 31.1035 g 880.05
EUR 2oz 62.207 g 1,760.11
EUR 5oz 155.5175 g 4,400.27
EUR 10oz 311.035 g 8,800.55
EUR 12oz 373.242 g 10,560.66
EUR 20oz 622.07 g 17,601.09
EUR 25oz 777.5875 g 22,001.37
EUR 1.0 g 28.29
EUR 2.0 g 56.59
EUR 5.0 g 141.47
EUR 10.0 g 282.94
EUR 20.0 g 565.89
EUR 25.0 g 707.36
EUR 50.0 g 1,414.72
EUR 100.0 g 2,829.44
EUR 200.0 g 5,658.88
EUR 250.0 g 7,073.60
EUR 500.0 g 14,147.20
EUR 1kg 28,294.40
EUR 2kg 56,588.79
EUR 5kg 141,471.98
Actual Platinum price in GBP Price
GBP 1/4oz 7.78 g 182.52
GBP 1/2oz 15.55 g 364.81
GBP 1oz 31.1035 g 729.71
GBP 2oz 62.207 g 1,459.42
GBP 5oz 155.5175 g 3,648.55
GBP 10oz 311.035 g 7,297.10
GBP 12oz 373.242 g 8,756.52
GBP 20oz 622.07 g 14,594.20
GBP 25oz 777.5875 g 18,242.74
GBP 1.0 g 23.46
GBP 2.0 g 46.92
GBP 5.0 g 117.30
GBP 10.0 g 234.61
GBP 20.0 g 469.21
GBP 25.0 g 586.52
GBP 50.0 g 1,173.03
GBP 100.0 g 2,346.07
GBP 200.0 g 4,692.14
GBP 250.0 g 5,865.17
GBP 500.0 g 11,730.35
GBP 1kg 23,460.70
GBP 2kg 46,921.39
GBP 5kg 117,303.48
Actual Platinum price in CHF Price
CHF 1/4oz 7.78 g 204.15
CHF 1/2oz 15.55 g 408.03
CHF 1oz 31.1035 g 816.15
CHF 2oz 62.207 g 1,632.30
CHF 5oz 155.5175 g 4,080.76
CHF 10oz 311.035 g 8,161.51
CHF 12oz 373.242 g 9,793.82
CHF 20oz 622.07 g 16,323.03
CHF 25oz 777.5875 g 20,403.78
CHF 1.0 g 26.24
CHF 2.0 g 52.48
CHF 5.0 g 131.20
CHF 10.0 g 262.40
CHF 20.0 g 524.80
CHF 25.0 g 656.00
CHF 50.0 g 1,311.99
CHF 100.0 g 2,623.99
CHF 200.0 g 5,247.97
CHF 250.0 g 6,559.96
CHF 500.0 g 13,119.93
CHF 1kg 26,239.86
CHF 2kg 52,479.71
CHF 5kg 131,199.28

What is the Spot Platinum Price and How is it Calculated?

The spot platinum price refers to the current market price at which platinum can be bought or sold for immediate delivery. Similar to other precious metals like gold and silver, the spot price of platinum reflects real-time supply and demand dynamics in global financial markets. Platinum is primarily traded on exchanges like the New York Mercantile Exchange (NYMEX) and the London Platinum and Palladium Market (LPPM). The spot price is usually quoted per troy ounce but can also be expressed in grams or kilograms depending on regional practices.

The calculation of the spot platinum price is influenced by various factors. Key drivers include industrial demand, especially in the automotive sector (for catalytic converters), jewelry, and other applications. Supply constraints, particularly from platinum-producing countries like South Africa and Russia, also play a significant role. Global economic conditions, geopolitical events, and currency fluctuations, especially the strength of the US dollar, can further affect the platinum price. Like gold, platinum is sometimes viewed as a hedge against economic uncertainty, but its industrial uses give it a unique pricing dynamic that is highly sensitive to manufacturing trends and technological advances.


How Do You Calculate the Price of 1 Kilo of Platinum?

To calculate the price of 1 kilogram of platinum, you can use either the platinum price per gram or per ounce. Since 1 kilogram equals 1,000 grams and approximately 32.15 troy ounces, here’s how you calculate it:


How Do You Calculate the Price of 1 Ounce of Platinum?

To calculate the price of 1 ounce of platinum, you can use either the price per gram or the spot price per ounce. Since 1 troy ounce equals 31.1 grams, here’s how you calculate it:


How Do You Calculate the Price of 1 Gram of Platinum?

To calculate the price of 1 gram of platinum, you can use the platinum price per ounce or the price per gram directly. Since 1 troy ounce equals 31.1 grams, here’s how you calculate it:


 

Frequently Asked Questions (FAQs) About Platinum Prices:

Below you may find a list of the most frequently asked questions about the platinum price. For further information, please click on each to read a corresponding article.

 


What factors influence the price of platinum?


How is the platinum price determined?


Why does the platinum price fluctuate?


How does industrial demand affect platinum prices?


How does the US dollar affect platinum prices?


Is platinum a good investment during economic uncertainty?


What is the difference between spot platinum price and platinum futures price?


How does the supply of platinum affect its price?


Why is platinum often more expensive than gold?


What are the primary uses of platinum?


 

Click on any of the links below to read further about other popular questions regarding the platinum price:

 


What factors affect platinum prices?


How is the spot price of platinum determined?


Why does platinum price fluctuate?


Is platinum a good investment?


How does the US dollar impact platinum prices?


What is the difference between platinum futures and spot prices?


How is the price of 1 ounce of platinum calculated?


What drives platinum price volatility?


Why is platinum used in catalytic converters?


When is the best time to invest in platinum?


 

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