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Disclaimer: Information on GoldSilverAI is for educational purposes only and is not intended as financial advice. Consult a professional advisor before making investment decisions.
The platinum spot price reflects the raw market price while physical platinum coins and bars trade at a premium. We track live prices from dealers to show the average premium and the lowest premium silver deals available right now.
Platinum bullion prices vary by product type and size, with larger bars typically offering lower premiums. Comparing prices from different dealers helps you get more metal for your money. The table below shows the cheapest available platinum coins and bars right now, sorted by lowest premium across dealers.
Over the past week, platinum prices reflect short-term shifts in supply and demand, particularly within the automotive and jewelry industries. Investors may also react to changes in geopolitical events affecting major platinum-producing countries, such as South Africa.
Grams are used for measuring platinum in countries following the metric system. In regions like Japan, platinum is commonly sold in grams for investment and industrial purposes, including the production of electronics and medical equipment.
The chart above shows the live platinum price per gram over 1 week. Use the buttons below the chart to switch between timeframes and weight units.
Our platinum price data is sourced from the global spot market reference rate XPT/USD, the widely-quoted international benchmark for platinum priced in US dollars per troy ounce.
Prices are streamed once per minute during market hours and stored as 1-minute OHLC (open, high, low, close) bars. Longer timeframes are aggregated from this granular data, for example the “1D” view shows the last 24 hours, “1W” uses 30-minute bars, and yearly views use daily closing prices.
The precious metals spot market trades nearly 24 hours a day, 5 days a week (Sunday 5 PM ET to Friday 5 PM ET). During weekends and holidays the chart displays the most recent available prices. All times on this page are shown in your local timezone (UTC).
The platinum price fluctuates continuously during market hours. See the live platinum price above for the current value per gram.
Platinum prices are driven primarily by automotive demand (catalytic converters for diesel vehicles), jewelry fabrication, and industrial applications in chemicals, glass, and electronics. Supply is highly concentrated in South Africa (about 70% of global output) and Russia, making platinum sensitive to mining disruptions and geopolitical risk.
Platinum traded above gold for decades until 2015. The shift was driven by declining diesel vehicle sales in Europe (reducing catalytic converter demand), increased recycling supply, and surging investment demand for gold. Whether platinum returns to a premium depends on hydrogen fuel cell adoption and supply constraints.
The prices displayed are for informational purposes only. Use of this page is at your own risk. We accept no liability for errors.