Disclaimer: Information on GoldSilverAI is for educational purposes only and is not intended as financial advice. Consult a professional advisor before making investment decisions.
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 chart above illustrates the platinum price per gram over 6 months. Click on the buttons in the upper left corner to find information on the platinum price across various time frames, from live updates to historical platinum price data. Typically, the platinum price is shown in troy ounces by default, but via the buttons in the upper right corner we also offer options to display the price in grams and kilograms.
Platinum prices over the last six months tend to follow trends in the automotive and manufacturing sectors. Supply chain disruptions, mining output, and demand for catalytic converters in vehicles play a crucial role in price changes over this timeframe.
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.
Current price of platinum is 31.08 usd per gram.
Platinum is valuable because of its rarity, resistance to corrosion, and crucial role in reducing vehicle emissions.
Platinum is widely used in the automotive industry for catalytic converters, as well as in jewelry and medical equipment.