1 troy ounce platinum price

By creating an account, you are agreeing to the Terms of Service and the Privacy Policy. To the right are live platinum spot prices per troy ounce, gram, and kilogram. You can also see hour trends for each weight. Share live platinum prices with your website followers or on your blog, using our free platinum price widget, 1 troy ounce platinum price.

See historical prices below:. Since the beginning of , the price of platinum is down 6. This guide explains their main drivers. We also explore whether platinum is a popular metal among traders, why that may be so, and a brief history on how platinum prices came to be typically quoted in USD. Like other precious metals, platinum is a metal found in rocks.

1 troy ounce platinum price

Attacks on ships passing through a vital trading route have reignited fears about higher oil prices and could drive up inflation. Amid a spate of attacks by Iran-linked Houthi rebels, several major shippers have delayed or re-routed ships. CEOs keep resigning after investigations find they failed to disclose relationships with employees. Cboe's Edward Tilly is the latest. Platinum was once the most expensive of the precious metals traded, maxing out at 1, US dollars per troy ounce. That is no longer the case as it has been surpassed by gold. Platinum is both malleable and ductile and can be extracted from ore that contains platinum group elements PGM. These elements include iridium, osmium, palladium, platinum, rhodium, and ruthenium. Platinum can also be extracted from sperrylite and cooperate ores. Because of its high boiling point, and its resistance to water, air and many acids, platinum is used primarily to manufacture automotive catalytic converters, in the chemical and electrical industry and in petroleum refineries. The price of platinum is determined by the global auto industry, air quality regulations, changes in catalytic convertor technology, the availability of substitutes, and investment demand. Search markets. News The word News.

Ancient Coins. Is the stock market a key driver of platinum prices? As with most commodities, platinum is usually quoted in USD, but prices may be converted to any local currency.

We use cookies including third-party cookies to remember your site preferences, to help us understand how visitors use our sites and to make any adverts we show on 3rd party sites more relevant. To learn more, please see our privacy policy and our cookie policy. To agree to our use of cookies, click 'Accept' or choose 'Options' to set your preferences by cookie type. BullionVault's platinum price chart shows you the real-time spot price in the professional platinum bullion market. You can then purchase platinum at the prices shown using BullionVault. We give you the fastest platinum price updates online, with live data processed about every 10 seconds. There is no need to refresh your browser.

By creating an account, you are agreeing to the Terms of Service and the Privacy Policy. To the right are live platinum spot prices per troy ounce, gram, and kilogram. You can also see hour trends for each weight. Share live platinum prices with your website followers or on your blog, using our free platinum price widget. To get started, please select one of the size dimensions from the drop-down menu below, and copy the code from the Widget Code text box and paste it into the desired position in your page. If you have any trouble, please contact us at support jmbullion. The platinum spot price is the price of platinum available for delivery now.

1 troy ounce platinum price

See historical prices below:. Since the beginning of , the price of platinum is down 5. This guide explains their main drivers. We also explore whether platinum is a popular metal among traders, why that may be so, and a brief history on how platinum prices came to be typically quoted in USD.

Ups drivers pay

The price of platinum is constantly changing based on market supply and demand, currency movements and other factors. Track the real-time price of platinum using BullionVault's price chart. This takes us to technology, machinery, and the platinum market. Secure auto-logout warning. You can update your cookie preferences at any time from the 'Cookies' link in the footer. Yes, the platinum spot price applies wherever you are in the world. Edit Cart. Platinum is priced by the troy ounce, which has been the standard weight for precious metals since the s in the US and much longer elsewhere in the world. Loading table Likewise, for a sale, the bullion you are selling is reserved in your account until you receive the cash, typically after two working days. When it comes to physical platinum, bars and rounds typically carry the lowest premiums over spot price. These funds may not, however, closely track the price of platinum. The spot price of platinum is a reflection of the forces of supply and demand in the platinum market. Because we offer many fractional platinum products, as tiny as 1 gram weight, investors do not need a full ounce worth of cash to get started.

Attacks on ships passing through a vital trading route have reignited fears about higher oil prices and could drive up inflation. Amid a spate of attacks by Iran-linked Houthi rebels, several major shippers have delayed or re-routed ships. CEOs keep resigning after investigations find they failed to disclose relationships with employees.

Are platinum prices manipulated? Platinum prices are typically quoted in U. Low Premium Gold. These help us understand how visitors use our websites and to make any adverts we show on 3rd party sites more relevant. Widget Code. Aside from bullion, "paper platinum" is also available in the form of ETFs and certificates. Why are some platinum products priced so much higher than others? No, platinum does not rust. Many believe the answer is yes. Stay up to date on spot prices and bullion specials. Platinum trades nearly around the clock these days, and like many other commodities, is always in the process of price discovery around the globe.