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Platinum fell to 1,646.20 USD/t.oz on December 2, 2025, down 0.99% from the previous day. Over the past month, Platinum's price has risen 5.18%, and is up 73.12% compared to the same time last year, 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 December of 2025.
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In 2021, after three years of decline, there was significant growth in the Puerto Rican platinum market, when its value increased by 21% to $X. Over the period under review, consumption, however, continues to indicate a abrupt curtailment. As a result, consumption reached the peak level of $X. From 2018 to 2021, the growth of the market remained at a lower figure.
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In 2024, the MERCOSUR platinum market increased by 3% to $146.3B for the first time since 2021, thus ending a two-year declining trend. Over the period under review, consumption, however, showed a pronounced descent. The most prominent rate of growth was recorded in 2021 with an increase of 5.3% against the previous year. The level of consumption peaked at $258.5B in 2013; however, from 2014 to 2024, consumption failed to regain momentum.
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[197+ Pages Report] Global precious metal market size & share to be worth USD 364.89 Billion by 2026 with a growth rate of 8.5% CAGR during the forecast period of 2021-2026.
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In 2024, the Brazilian platinum market increased by 3.2% to $92.6B for the first time since 2021, thus ending a two-year declining trend. Over the period under review, consumption, however, showed a pronounced curtailment. The pace of growth appeared the most rapid in 2018 when the market value increased by 3.8% against the previous year. Over the period under review, the market reached the peak level at $133.6B in 2013; however, from 2014 to 2024, consumption remained at a lower figure.
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Global Platinum Series market size 2021 was recorded $21578.8 Billion whereas by the end of 2025 it will reach $26530.2 Billion . According to the author, by 2033 Platinum Series market size will become $40102.1. Platinum Series market will be growing at a CAGR of 5.3% during 2025 to 2033.
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The North America platinum market size was valued at USD 5.94 billion in 2024 and is projected to reach from USD 6.29 billion in 2025 to USD 10.01 billion by 2033, growing at a CAGR of 5.9% during the forecast period (2025-2033).
Report Scope:
| Report Metric | Details |
|---|---|
| Market Size in 2024 | USD 5.94 Billion |
| Market Size in 2025 | USD 6.29 Billion |
| Market Size in 2033 | USD 10.01 Billion |
| CAGR | 5.9% (2025-2033) |
| Base Year for Estimation | 2024 |
| Historical Data | 2021-2023 |
| Forecast Period | 2025-2033 |
| Report Coverage | Revenue Forecast, Competitive Landscape, Growth Factors, Environment & Regulatory Landscape and Trends |
| Segments Covered | By Source,By Form,By End Use,By Region. |
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The Uzbek platinum market shrank to $5.7B in 2024, which is down by -14.9% against the previous year. Over the period under review, consumption, however, recorded a relatively flat trend pattern. Platinum consumption peaked at $6.8B in 2021; however, from 2022 to 2024, consumption stood at a somewhat lower figure.
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The United States platinum market size was valued at USD 3.34 billion in 2024 and is estimated to grow from USD 3.47 billion in 2025 to reach USD 4.69 billion by 2033, growing at a CAGR of 4% during the forecast period (2025–2033).
Report Scope:
| Report Metric | Details |
|---|---|
| Market Size in 2024 | USD 3.34 Billion |
| Market Size in 2025 | USD 3.47 Billion |
| Market Size in 2033 | USD 4.69 Billion |
| CAGR | 4.0% (2025-2033) |
| Base Year for Estimation | 2024 |
| Historical Data | 2021-2023 |
| Forecast Period | 2025-2033 |
| Report Coverage | Revenue Forecast, Competitive Landscape, Growth Factors, Environment & Regulatory Landscape and Trends |
| Segments Covered | By Source,By Form,By End Use,By Region. |
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The Ecuadorian platinum market reached $10.6B in 2024, with an increase of 4.6% against the previous year. Over the period under review, consumption, however, showed a mild shrinkage. The pace of growth was the most pronounced in 2021 when the market value increased by 7.8% against the previous year. Over the period under review, the market attained the peak level at $12.6B in 2013; however, from 2014 to 2024, consumption remained at a lower figure.
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The Middle East and Africa Platinum Market size was valued at USD 9.39 Billion in 2024 and is projected to grow from USD 9.79 Billion in 2025 to reach USD 13.71 Billion by 2033, growing at a CAGR of 4.3% during the forecast period (2025–2033).
Report Scope:
| Report Metric | Details |
|---|---|
| Market Size in 2024 | USD 9.39 Billion |
| Market Size in 2025 | USD 9.79 Billion |
| Market Size in 2033 | USD 13.71 Billion |
| CAGR | 4.3% (2025-2033) |
| Base Year for Estimation | 2024 |
| Historical Data | 2021-2023 |
| Forecast Period | 2025-2033 |
| Report Coverage | Revenue Forecast, Competitive Landscape, Growth Factors, Environment & Regulatory Landscape and Trends |
| Segments Covered | By Source,By Form,By End Use,By Region. |
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Global Platinum Jewellery market size 2021 was recorded $1504.8 Million whereas by the end of 2025 it will reach $1867.8 Million. According to the author, by 2033 Platinum Jewellery market size will become $2877.3. Platinum Jewellery market will be growing at a CAGR of 5.55% during 2025 to 2033.
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Rhodium rose to 8,050 USD/t oz. on December 2, 2025, up 0.94% from the previous day. Over the past month, Rhodium's price has fallen 1.23%, but it is still 75.96% higher than a year ago, 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 December of 2025.
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Palladium rose to 1,428.50 USD/t.oz on December 2, 2025, up 0.53% from the previous day. Over the past month, Palladium's price has fallen 1.11%, but it is still 47.88% higher than a year ago, 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 December of 2025.
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Global Platinum Jewelry market size 2021 was recorded $6929.8 Million whereas by the end of 2025 it will reach $8503.73 Million. According to the author, by 2033 Platinum Jewelry market size will become $12805.2. Platinum Jewelry market will be growing at a CAGR of 5.25% during 2025 to 2033.
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View monthly updates and historical trends for Platinum Price. from United Kingdom. Source: World Bank. Track economic data with YCharts analytics.
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In 2024, the Sri Lankan platinum market increased by 8.8% to $114K for the first time since 2021, thus ending a two-year declining trend. Over the period under review, consumption showed a mild setback. As a result, consumption reached the peak level of $384K. From 2015 to 2024, the growth of the market failed to regain momentum.
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Global Platinum Molybdenum Alloy market size 2021 was recorded $1169.46 Million whereas by the end of 2025 it will reach $1553.66 Million . According to the author, by 2033 Platinum Molybdenum Alloy market size will become $2742.18. Platinum Molybdenum Alloy market will be growing at a CAGR of 7.36% during 2025 to 2033.
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The UAE platinum group metals market size is projected to reach from USD 53.60 million in 2025 to USD 79.79 million by 2033, growing at a CAGR of 5.1% during the forecast period (2025-2033)
Report Scope:
| Report Metric | Details |
|---|---|
| Market Size in 2024 | USD 50.99 Million |
| Market Size in 2025 | USD 53.60 Million |
| Market Size in 2033 | USD 79.79 Million |
| CAGR | 5.1% (2025-2033) |
| Base Year for Estimation | 2024 |
| Historical Data | 2021-2023 |
| Forecast Period | 2025-2033 |
| Report Coverage | Revenue Forecast, Competitive Landscape, Growth Factors, Environment & Regulatory Landscape and Trends |
| Segments Covered | By Metal Type,By Applications,By Region. |
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The Latin America platinum market size was valued at USD 367.10 million in 2024 and is projected to grow from USD 385.82 million in 2025 to reach USD 574.39 million by 2033, growing at a CAGR of 5.1% during the forecast period (2025-2033).
Report Scope:
| Report Metric | Details |
|---|---|
| Market Size in 2024 | USD 367.10 Million |
| Market Size in 2025 | USD 385.82 Million |
| Market Size in 2033 | USD 574.39 Million |
| CAGR | 5.1% (2025-2033) |
| Base Year for Estimation | 2024 |
| Historical Data | 2021-2023 |
| Forecast Period | 2025-2033 |
| Report Coverage | Revenue Forecast, Competitive Landscape, Growth Factors, Environment & Regulatory Landscape and Trends |
| Segments Covered | By Source,By Form,By End Use,By Region. |
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Platinum fell to 1,646.20 USD/t.oz on December 2, 2025, down 0.99% from the previous day. Over the past month, Platinum's price has risen 5.18%, and is up 73.12% compared to the same time last year, 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 December of 2025.