Platinum price over 5 years in USD per kilo
The chart above illustrates the platinum price per kilo over 5 years. 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.
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.
Platinum price FAQ
- How much is 1 kilo of platinum worth today?
Current price of platinum is 50,146 usd per kilo.
- Why is platinum valuable?
Platinum is valuable because of its rarity, resistance to corrosion, and crucial role in reducing vehicle emissions.
- What is Platinum used for?
Platinum is widely used in the automotive industry for catalytic converters, as well as in jewelry and medical equipment.