Precious Metals

Platinum Price Today

Platinum group metal used in catalytic converters and jewelry.

Last updated: May 13, 2026

999.79
USD/oz
-0.60%
24h change
-1.69%
7-day change
-0.06%
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
May 13, 2026999.79-0.60%
May 12, 20261,005.87-0.11%
May 10, 20261,007.01-0.41%
May 9, 20261,011.14-0.06%
May 8, 20261,011.70+0.47%
May 7, 20261,006.94-0.81%
May 6, 20261,015.13-0.18%
May 5, 20261,016.94+0.31%
May 4, 20261,013.81+0.62%
May 3, 20261,007.52-0.05%
May 2, 20261,008.02-0.62%
May 1, 20261,014.35+0.25%
Apr 30, 20261,011.77-0.51%
Apr 29, 20261,016.94-0.36%
Apr 28, 20261,020.61-0.55%
Apr 27, 20261,026.22+0.09%
Apr 26, 20261,025.33+0.56%
Apr 24, 20261,019.66+0.51%
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
Current Price
999.79
USD/oz
24h
-0.60%
7d
-1.69%
30d
-0.06%
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Prices are indicative and updated daily. Not for use as binding contract prices.