Platinum Spot Price.

UNDERSTAND THE PRICE BEHIND THE PRODUCT

Platinum spot price today: put the market in perspective.

Follow the platinum spot price in U.S. dollars per troy ounce using the interactive chart above. The live market view brings labeled quotes, a timestamp and selectable historical periods together in one place. Start with the currency, unit and time of the observation before comparing prices. For physical products, explore our platinum bullion collection. Each product page shows its current retail price and availability; the market chart is a reference rather than an offer to sell a specific item at spot.

How to read the platinum price chart

The chart is configured for USD per troy ounce. One troy ounce is approximately 31.1035 grams, so it should not be confused with the ordinary household ounce. Use the range controls to move between recent activity and a longer historical view. Read the chart’s own timestamp and selected period before describing a quote as current or treating a high or low as a daily figure. The feed may retain its last observation when markets are closed or updates are temporarily unavailable. A displayed price is useful only when its timing and basis are understood.

What can influence the platinum market?

Platinum belongs to the platinum-group metals and is used in emissions-control catalysts, chemical processing and jewelry, as well as coins and bars. Industrial demand and physical investment demand are different parts of its market. A change in manufacturing conditions can matter alongside currency movements and broader financial conditions. Our Market News articles discuss dated developments with linked sources. Use those articles alongside the chart, and distinguish a reported event from an explanation that has actually been supported by evidence. Historical movements cannot establish what the next trading session will do.

Spot price versus a physical bullion price

A finished platinum product can carry costs beyond its metal reference value, including fabrication, distribution and a product-specific premium. A coin’s date, condition or collector interest can also affect its price. Compare products with the same metal content, quantity and payment method, and account for shipping and any applicable taxes. To put different weights on a common basis, divide the product price by its actual troy-ounce metal content. Use a spot observation from the same time when comparing that result with the market.

Bid, ask and the spread

Bid and ask are the two sides of a market quote; their difference is the spread. Read the labels shown in the chart rather than assuming all sources report the same side or midpoint. Neither figure is a promise that a particular retail coin or bar is available at that level. Nor is the displayed bid a Kzoo Bullion offer for your holdings. Product prices and stock can change independently of the reference chart. Check the actual product page before making a purchasing decision.

Compare the precious-metals markets

Platinum and palladium are separate metals, even though they belong to the same group. Compare this chart with the Palladium Spot Price page using the same currency, weight unit and period. You can also follow gold and silver. Our Top Deals page highlights selected reductions in fixed premiums; those percentage reductions apply to the premium, not to the full metal or product price. Offers remain subject to availability.