Precious Metals

Platinum Price Today

Platinum group metal used in catalytic converters and jewelry.

Last updated: August 1, 2026

1,011.42
USD/oz
-0.27%
24h change
+0.17%
7-day change
-1.67%
30-day change
30-Day Price Trend
About Platinum

Platinum is a rare precious metal primarily used in automotive catalysts (catalytic converters) for diesel vehicles and in jewellery. Over 70% of primary platinum comes from South Africa.

Common Grades & Types
Platinum Sponge/Powder (99.95%)
Primary refinery output, the trading benchmark.
Auto-catalyst Scrap
Spent catalytic converters, the primary platinum recycling stream.
Jewellery Scrap
Recycled platinum jewellery, typically 950 or 900 fineness.
Key Applications
  • Automotive catalytic converters (diesel, ~40% of demand)
  • Jewellery
  • Chemical and petroleum refining catalysts
  • Fuel cell electrodes
  • Electrical contacts
What Drives Platinum Prices
  • 1Diesel vehicle market share (key demand driver)
  • 2South African mine supply and labour disruptions
  • 3Auto catalyst recycling rates
  • 4Hydrogen fuel cell developments
  • 5Palladium/platinum substitution economics
Frequently Asked Questions

Historical Prices
Last 30 days — USD/oz
DatePriceDaily Change
Aug 1, 20261,011.42-0.27%
Jul 30, 20261,014.14+0.61%
Jul 29, 20261,007.96-0.22%
Jul 28, 20261,010.16-0.09%
Jul 26, 20261,011.02+0.48%
Jul 25, 20261,006.20+0.44%
Jul 24, 20261,001.75-0.79%
Jul 23, 20261,009.74+0.31%
Jul 22, 20261,006.62-0.72%
Jul 21, 20261,013.90-0.05%
Jul 20, 20261,014.42+0.25%
Jul 19, 20261,011.89-0.25%
Jul 17, 20261,014.46+0.47%
Jul 16, 20261,009.69-0.67%
Jul 15, 20261,016.45-0.22%
Jul 14, 20261,018.68+0.35%
Jul 12, 20261,015.10+0.10%
Jul 11, 20261,014.06-0.61%
Jul 10, 20261,020.25-0.12%
Jul 9, 20261,021.51-0.71%
Jul 8, 20261,028.80-0.31%
Jul 7, 20261,032.03+0.61%
Jul 6, 20261,025.82+0.12%
Jul 5, 20261,024.59-0.71%
Jul 4, 20261,031.91+0.32%
Jul 3, 20261,028.63
Current Price
1,011.42
USD/oz
24h
-0.27%
7d
+0.17%
30d
-1.67%
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Prices are indicative and updated daily. Not for use as binding contract prices.