Interactive chart of historical daily platinum prices back to 1985. The price shown is in U.S. Dollars per troy ounce.

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Platinum rose to 1,454.50 USD/t.oz on July 11, 2025, up 3.93% from the previous day. Over the past month, Platinum's price has risen 13.41%, and is up 45.42% 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 July of 2025.

Platinum prices in , June, 2025 For that commodity indicator, we provide data from January 1960 to June 2025. The average value during that period was 588.41 USD per troy ounce with a minimum of 78.5 USD per troy ounce in April 1963 and a maximum of 2052.45 USD per troy ounce in May 2008. | TheGlobalEconomy.com

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 ****** nominal U.S. dollars per troy ounce.

As of May 21, 2025, the average platinum price decreased to around *** U.S. dollars per troy ounce. In 2021, platinum was sold at approximately, **** U.S. dollars per troy ounce, a year-on-year rise of close to ** percent. Platinum is a precious metal commodity which is used in jewelry and autocatalyst manufacturing.

Rhodium traded flat at 5,700 USD/t oz. on July 11, 2025. Over the past month, Rhodium's price has risen 3.64%, and is up 23.91% compared to the same time last year, 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 July of 2025.

Platinum Asset Management stock price, live market quote, shares value, historical data, intraday chart, earnings per share and news.

Interactive chart of historical daily palladium prices back to 1987. The price shown is in U.S. Dollars per troy ounce.

The Precious Metals Marketsize was valued at USD 261.94 Billion in 2023 and is projected to reach USD 371.04 Billion by 2032, exhibiting a CAGR of 5.1 % during the forecast period.The word "precious metals" implies a dozen metallic earthly metals that are scarce and notable for their properties, including rarity, strength, and value deriving from their special characteristics, naturalness, and long service lives. These types of metals are counted as precious metals, which include gold, platinum, silver, and palladium. Being the only of its kind, this is the reason why people need them to either be converted into jewellery, monetary use, or industrial processes. The precious metal charts its course higher than its peers because of its known properties, such as a shiny mirror and even the ability to fabricate in different designs, while also being pegged as a synonym for success and stability. Precious metal has found its use in jewellery and as a hedge against inflation. Thanks to its unique property of being an almost excellent conductor and antibacterial, it can be used in the making of electrical stuff, photography, and medical equipment. Platinum exhibits excellent corrosion resistance and has high melting points, so it is used in the fabrication of catalytic converters, fuel cells, and jewellery. Palladium and platinum have some common nodes, such as platinum being highly utilized in the making of catalytic converters and electronics, which include components such as hard drives and memory cards. Key drivers for this market are: Increasing Disposable Income and Changing Lifestyle to Drive Growth. Potential restraints include: Inconsistent Prices of Precious Metals to Impede Growth.

The USA: Platinum production in kilograms: The latest value from 2022 is 3000 kilograms, a decline from 4020 kilograms in 2021. In comparison, the world average is 15862 kilograms, based on data from 11 countries. Historically, the average for the USA from 1998 to 2022 is 3780 kilograms. The minimum value, 2920 kilograms, was reached in 1999 while the maximum of 4390 kilograms was recorded in 2002.

Impala Platinum stock price, live market quote, shares value, historical data, intraday chart, earnings per share and news.

Zimbabwe: Platinum production in kilograms: The latest value from 2022 is 17104 kilograms, an increase from 14732 kilograms in 2021. In comparison, the world average is 15862 kilograms, based on data from 11 countries. Historically, the average for Zimbabwe from 1998 to 2022 is 8538 kilograms. The minimum value, 479 kilograms, was reached in 1999 while the maximum of 17104 kilograms was recorded in 2022.

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.

Palladium rose to 1,287.50 USD/t.oz on July 11, 2025, up 7.07% from the previous day. Over the past month, Palladium's price has risen 21.41%, and is up 34.54% compared to the same time last year, 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 July of 2025.

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.

In 2024, the rate of loss on platinum investments amounted to approximately 9.38 percent. Platinum is a precious metal that is used to make jewelry, in addition to industrial applications such as autocatalysis, among other uses.

In 2025, the price of platinum is forecast to hover around 1,150 U.S. dollars per troy ounce. Meanwhile, the cost of per troy ounce of gold is expected to amount to 1,700 U.S. dollars.

Precious metals

Precious metals are counted among the most valuable commodities worldwide. The most well known such metals are gold, silver and the platinum group metals. A precious metal can be used as an industrial commodity or as an investment. The major areas of application include the following sectors: technology, car-making, industrial manufacturing and jewelry making. Furthermore, gold and silver are used as coinage metals, and gold reserves are held by the central banks of many countries worldwide in order to store value or for use as a redemption medium. The idea behind this procedure is that gold reserves will help secure and stabilize the countries’ respective currencies. At 8,100 tons, the United States is the country with the most extensive stock of gold. It is kept in an underground vault at the New York Federal Reserve Bank.

Russia, the United States, Canada, South Africa and China are the main producers of precious metals. Silver is the most abundant of the metals, followed by gold and palladium. Barrick Gold is the world’s largest gold mining company. The Toronto-based firm produced some five million ounces of gold in 2020. The leading silver producers include Mexico-based Fresnillo, Poland’s KGHM Polska Miedž and the mining giant Glencore. Anglo Platinum and Impala are the key mining companies to produce platinum group metals.

In 2023, Silver prices are expected to settle at around 23.5 U.S. dollars per troy ounce. It is expected to remain the precious metal with the lowest value per ounce. The price of gold is forecast to drop to around 1,663 U.S. dollars per ounce, making it the most expensive precious metal in 2023.

Impala Platinum reported ZAR154.07B in Market Capitalization this July of 2025, considering the latest stock price and the number of outstanding shares.Data for Impala Platinum | IMP - Market Capitalization including historical, tables and charts were last updated by Trading Economics this last July in 2025.