Platinum price over 5 years in USD per kilo
5 years platinum price trends
Over the last five years, platinum prices have been shaped by long-term shifts in the automotive industry, mining supply, and the rise of alternative technologies. The evolution of emission standards and the growing use of platinum in clean energy technologies have supported demand.
Platinum Price, 5 years (per kilo)
Platinum price per kilo
Kilograms are used for large-scale transactions of platinum, particularly in the automotive and industrial sectors. Countries with heavy manufacturing bases, such as Germany and South Korea, often purchase platinum in kilograms for use in industries such as electronics and clean energy.
Data Sources & Methodology
The chart above shows the live platinum price per kilo over 5 years. 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).
Platinum Price FAQ
- How much is 1 kilo of platinum worth today?
The platinum price fluctuates continuously during market hours. See the live platinum price above for the current value per kilo.
- What determines the platinum price?
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.
- Why is platinum cheaper than gold?
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.
