Platinum increased 78.50 USD/t oz. or 8.78% since the beginning of 2025, according to trading on a contract for difference (CFD) that tracks the benchmark market for this commodity. Platinum - values, historical data, forecasts and news - updated on March of 2025.

This statistic depicts the average monthly prices for platinum worldwide from November 2014 through January 2025. In January 2025, the average monthly price for platinum worldwide stood at 949.23 nominal U.S. dollars per troy ounce.

As of January 31, 2024, the average platinum price decreased to around 925 U.S. dollars per troy ounce, an decrease of 40 U.S. dollars compared to the 2023 average price. In 2021, platinum sold at approximately 1089 U.S. dollars per troy ounce, a year-on-year rise of close to 22 percent. Platinum is a precious metal commodity which is used in jewelry and autocatalyst manufacturing.

Palladium increased 62.50 USD/t oz. or 7.03% since the beginning of 2025, according to trading on a contract for difference (CFD) that tracks the benchmark market for this commodity. Palladium - values, historical data, forecasts and news - updated on March of 2025.

South Africa Platinum Price: US Dollar data was reported at 799.270 USD in Aug 2018. This records a decrease from the previous number of 833.530 USD for Jul 2018. South Africa Platinum Price: US Dollar data is updated monthly, averaging 865.075 USD from Sep 1992 (Median) to Aug 2018, with 312 observations. The data reached an all-time high of 2,059.600 USD in May 2008 and a record low of 342.390 USD in Oct 1998. South Africa Platinum Price: US Dollar data remains active status in CEIC and is reported by South African Reserve Bank. The data is categorized under Global Database’s South Africa – Table ZA.P002: Platinum Price.

Gold and silver prices increased over the course of 2021, but these did not grow as fast as the prices of iridium and, especially, rhodium. According to a comparison of price indices, the price for rhodium - a precious metal similar to platinum and used especially in catalytic converters of cars - was ten times higher in April 2021 than it was in January 2019. The price hike for rhodium was apparently caused by coronavirus-related lockdowns implemented in South Africa, where mining companies had to close for several weeks.

United States - Producer Price Index by Industry: Jewelry and Silverware Manufacturing: Jewelry, Gold and Platinum was 302.26900 Index Dec 1985=100 in February of 2025, according to the United States Federal Reserve. Historically, United States - Producer Price Index by Industry: Jewelry and Silverware Manufacturing: Jewelry, Gold and Platinum reached a record high of 302.26900 in February of 2025 and a record low of 58.70000 in December of 1978. Trading Economics provides the current actual value, an historical data chart and related indicators for United States - Producer Price Index by Industry: Jewelry and Silverware Manufacturing: Jewelry, Gold and Platinum - last updated from the United States Federal Reserve on March of 2025.

Rhodium increased 1,000 USD/t oz. or 21.86% since the beginning of 2025, according to trading on a contract for difference (CFD) that tracks the benchmark market for this commodity. Rhodium - values, historical data, forecasts and news - updated on March of 2025.

Rhodium price data, historical values, forecasts, and news provided by Money Metals Exchange. Rhodium prices and trends updated regularly to provide accurate market insights.

United States Export Value by Product: Platinum: Unwrought and Other Forms data was reported at 68,900.000 USD th in Aug 2018. This records an increase from the previous number of 23,200.000 USD th for Jul 2018. United States Export Value by Product: Platinum: Unwrought and Other Forms data is updated monthly, averaging 41,850.000 USD th from Jan 2007 (Median) to Aug 2018, with 140 observations. The data reached an all-time high of 130,000.000 USD th in Apr 2010 and a record low of 10,600.000 USD th in Apr 2013. United States Export Value by Product: Platinum: Unwrought and Other Forms data remains active status in CEIC and is reported by US Census Bureau. The data is categorized under Global Database’s United States – Table US.WB004: Export Value.

Rhodium is a precious metal that removes pollutants from vehicle exhaust fumes. In February 2020, the price of rhodium was 11,665 U.S. dollars per troy ounce. By May 2020, the price decreased to below 8,000 U.S. dollars per ounce. In April 2021, the price rose to a new high of 28,775 U.S dollars, before decreasing throughout 2022 and early 2023. By December 2024, the average price significantly decreased, reaching around 4,575 U.S. dollars per troy ounce. In comparison, the price for an ounce of rhodium was approximately 5,905 U.S. dollars in August 2022. The rarest metal: Rhodium Rhodium is a rare and precious metal that belongs to the platinum group metals (PGMs), along with platinum, palladium, osmium, iridium, and ruthenium. Due to its scarcity, it is one of the most valuable metals in the world, often exceeding the price of gold. Rhodium is extensively used in the automotive industry to manufacture catalytic converters that reduce harmful emissions. Over the last few years, even with a steady supply, Rhodium demand has risen significantly, exceeding supply due to stricter emission regulations and advancements in the automobile industry. The significance of PGMs in South Africa South Africa is rich in various natural resources, such as metals and minerals. For example, almost all of the total global reserves of PGMs are in South Africa. In 2023, PGMs generated the highest revenue share in the South African mining sector compared to other commodities, amounting to 370 billion rands.

United States - Producer Price Index by Commodity: Miscellaneous Products: Jewelry, Gold and Platinum was 138.19900 Index Dec 2011=100 in February of 2025, according to the United States Federal Reserve. Historically, United States - Producer Price Index by Commodity: Miscellaneous Products: Jewelry, Gold and Platinum reached a record high of 138.19900 in February of 2025 and a record low of 90.40000 in April of 2014. Trading Economics provides the current actual value, an historical data chart and related indicators for United States - Producer Price Index by Commodity: Miscellaneous Products: Jewelry, Gold and Platinum - last updated from the United States Federal Reserve on March of 2025.

Brazil Exports: Price: Transformation Industry: Silver, Platinum and Other Platinum Group Metals data was reported at 575,686.036 USD/Ton in 09 Mar 2025. This records an increase from the previous number of 563,718.373 USD/Ton for 28 Feb 2025. Brazil Exports: Price: Transformation Industry: Silver, Platinum and Other Platinum Group Metals data is updated daily, averaging 380,244.207 USD/Ton from Mar 2019 (Median) to 09 Mar 2025, with 254 observations. The data reached an all-time high of 16,570,000.000 USD/Ton in 17 Jan 2021 and a record low of 0.000 USD/Ton in 07 Mar 2021. Brazil Exports: Price: Transformation Industry: Silver, Platinum and Other Platinum Group Metals data remains active status in CEIC and is reported by Special Secretariat for Foreign Trade and International Affairs. The data is categorized under Brazil Premium Database’s Foreign Trade – Table BR.JAA004: Exports: Economic Activity: Product: Price.

Belarus Precious Metals Accounting Price: NBRB: Platinum data was reported at 98.260 BYN/g in 25 Mar 2025. This records a decrease from the previous number of 99.660 BYN/g for 24 Mar 2025. Belarus Precious Metals Accounting Price: NBRB: Platinum data is updated daily, averaging 73.790 BYN/g from Jul 2016 (Median) to 25 Mar 2025, with 2215 observations. The data reached an all-time high of 118.410 BYN/g in 10 Mar 2022 and a record low of 48.790 BYN/g in 18 Mar 2020. Belarus Precious Metals Accounting Price: NBRB: Platinum data remains active status in CEIC and is reported by National Bank of the Republic of Belarus. The data is categorized under Global Database’s Belarus – Table BY.P001: Precious Metals Accounting Price: National Bank of the Republic of Belarus.

All of the five largest publicly owned produces of platinum have seen significant growth in their share price over recent years, with each company's share price at least doubling between January 2018 and May 2021. The highest gains were seen by South African mining company Impala Platinum, whose share price increased by nearly 600 percent over this time. Most leading platinum miners saw their share price increase by between 400 and 500 percent.

United States PPI: Mfg: Misc: OM: JS: PP: Jewelry, Gold & Platinum data was reported at 295.190 Dec1985=100 in Jan 2025. This records an increase from the previous number of 294.303 Dec1985=100 for Dec 2024. United States PPI: Mfg: Misc: OM: JS: PP: Jewelry, Gold & Platinum data is updated monthly, averaging 127.000 Dec1985=100 from Dec 1978 (Median) to Jan 2025, with 550 observations. The data reached an all-time high of 295.290 Dec1985=100 in Oct 2024 and a record low of 58.700 Dec1985=100 in Dec 1978. United States PPI: Mfg: Misc: OM: JS: PP: Jewelry, Gold & Platinum data remains active status in CEIC and is reported by U.S. Bureau of Labor Statistics. The data is categorized under Global Database’s United States – Table US.I092: Producer Price Index: by Industry: Manufacturing: Miscellaneous.

Brazil Exports: Sitc Basic Heading: fob: Base Metals, Silver,Gold, Clad W, Platinum,other Metals of the Platinum Group, Not Further Worked than Semi-Manufactured data was reported at 0.002 USD mn in Jan 2025. This records a decrease from the previous number of 0.006 USD mn for Nov 2024. Brazil Exports: Sitc Basic Heading: fob: Base Metals, Silver,Gold, Clad W, Platinum,other Metals of the Platinum Group, Not Further Worked than Semi-Manufactured data is updated monthly, averaging 0.003 USD mn from Sep 1999 (Median) to Jan 2025, with 146 observations. The data reached an all-time high of 0.820 USD mn in Sep 2009 and a record low of 0.000 USD mn in Jul 2009. Brazil Exports: Sitc Basic Heading: fob: Base Metals, Silver,Gold, Clad W, Platinum,other Metals of the Platinum Group, Not Further Worked than Semi-Manufactured data remains active status in CEIC and is reported by Special Secretariat for Foreign Trade and International Affairs. The data is categorized under Brazil Premium Database’s Foreign Trade – Table BR.SITC: Basic Heading: Section 06: Exports: Value.

United States - Import Price Index (Harmonized System): Platinum, Unwrought or in Semimanufactured Forms, or in Powder Form was 69.30000 Index Dec 2001=100 in February of 2025, according to the United States Federal Reserve. Historically, United States - Import Price Index (Harmonized System): Platinum, Unwrought or in Semimanufactured Forms, or in Powder Form reached a record high of 377.10000 in March of 2008 and a record low of 66.90000 in February of 2024. Trading Economics provides the current actual value, an historical data chart and related indicators for United States - Import Price Index (Harmonized System): Platinum, Unwrought or in Semimanufactured Forms, or in Powder Form - last updated from the United States Federal Reserve on March of 2025.

United States - Export Price Index (Harmonized System): Gold (Including Gold Plated with Platinum) Unwrought or in Semimanufactured Forms, or in Powder Form was 963.30000 Index Dec 2001=100 in January of 2025, according to the United States Federal Reserve. Historically, United States - Export Price Index (Harmonized System): Gold (Including Gold Plated with Platinum) Unwrought or in Semimanufactured Forms, or in Powder Form reached a record high of 979.90000 in November of 2024 and a record low of 99.80000 in January of 2002. Trading Economics provides the current actual value, an historical data chart and related indicators for United States - Export Price Index (Harmonized System): Gold (Including Gold Plated with Platinum) Unwrought or in Semimanufactured Forms, or in Powder Form - last updated from the United States Federal Reserve on March of 2025.

United States Export Value: SITC: FAS: Silver, Platinum & Other Platinum Metals data was reported at 385.799 USD mn in May 2018. This records a decrease from the previous number of 501.315 USD mn for Apr 2018. United States Export Value: SITC: FAS: Silver, Platinum & Other Platinum Metals data is updated monthly, averaging 227.312 USD mn from Jan 1996 (Median) to May 2018, with 269 observations. The data reached an all-time high of 621.292 USD mn in Nov 2006 and a record low of 41.508 USD mn in Nov 1996. United States Export Value: SITC: FAS: Silver, Platinum & Other Platinum Metals data remains active status in CEIC and is reported by US Census Bureau. The data is categorized under Global Database’s USA – Table US.JA014: Trade Statistics: SITC: Exports: FAS.