Precious Metals

Platinum Price Today

Platinum group metal used in catalytic converters and jewelry.

Last updated: April 2, 2026

981.97
USD/oz
+0.35%
24h change
+0.89%
7-day change
+2.80%
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 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+0.41%
Mar 24, 2026969.30+0.18%
Mar 23, 2026967.58-0.20%
Mar 22, 2026969.51-0.06%
Mar 21, 2026970.05+0.71%
Mar 20, 2026963.19+0.72%
Mar 19, 2026956.34+0.28%
Mar 18, 2026953.68-0.46%
Mar 17, 2026958.05+0.63%
Mar 16, 2026952.04-0.29%
Mar 15, 2026954.77+0.40%
Mar 14, 2026950.94-0.40%
Mar 13, 2026954.75-0.52%
Mar 12, 2026959.72+0.58%
Mar 11, 2026954.15-0.14%
Mar 10, 2026955.49+0.76%
Mar 9, 2026948.26-0.43%
Mar 8, 2026952.31+0.11%
Mar 7, 2026951.31-0.16%
Mar 6, 2026952.85-0.37%
Mar 5, 2026956.39+0.13%
Mar 4, 2026955.18
Current Price
981.97
USD/oz
24h
+0.35%
7d
+0.89%
30d
+2.80%
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Prices are indicative and updated daily. Not for use as binding contract prices.