Precious Metals

Platinum Price Today

Platinum group metal used in catalytic converters and jewelry.

Last updated: April 23, 2026

1,014.53
USD/oz
-0.04%
24h change
+1.66%
7-day change
+4.24%
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
Apr 23, 20261,014.53-0.04%
Apr 22, 20261,014.91-0.25%
Apr 21, 20261,017.46-0.58%
Apr 20, 20261,023.39+0.44%
Apr 19, 20261,018.95+0.77%
Apr 17, 20261,011.18+0.47%
Apr 16, 20261,006.45+0.85%
Apr 15, 2026997.92-0.25%
Apr 14, 20261,000.40+0.17%
Apr 13, 2026998.70+0.66%
Apr 12, 2026992.13+0.17%
Apr 11, 2026990.47+0.61%
Apr 10, 2026984.50-0.16%
Apr 9, 2026986.10-0.11%
Apr 6, 2026987.22+0.71%
Apr 5, 2026980.30+0.51%
Apr 4, 2026975.33-0.17%
Apr 3, 2026977.01-0.51%
Apr 2, 2026981.97+0.35%
Apr 1, 2026978.55-0.39%
Mar 31, 2026982.38+0.95%
Mar 30, 2026973.10+0.05%
Mar 29, 2026972.65-0.19%
Mar 28, 2026974.48-0.54%
Mar 27, 2026979.76+0.66%
Mar 25, 2026973.31
Current Price
1,014.53
USD/oz
24h
-0.04%
7d
+1.66%
30d
+4.24%
Trade Platinum
Global B2B marketplace
Prices by Country

Prices are indicative and updated daily. Not for use as binding contract prices.