Stay informed with real-time charts of international precious metal prices. Monitor spot prices for Platinum in USD, GBP, and EUR. Access live updates here >>

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.

Continuously updated Monex bid/ask prices for Platinum spot and common bullion products.

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.

Platinum prices in , October, 2025 For that commodity indicator, we provide data from January 1960 to October 2025. The average value during that period was 592.75 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 June 2025. In June 2025, the average monthly price for platinum worldwide stood at ******** nominal U.S. dollars per troy ounce.

Explore the fluctuations in platinum prices, influenced by economic conditions, industrial demand, and global events. Learn about platinum's comparison to gold and palladium, its role in the automotive industry, and the impact of supply chain dynamics. Stay informed on market valuations and investment risks with expert insights.

View monthly updates and historical trends for Platinum Price. from United Kingdom. Source: World Bank. Track economic data with YCharts analytics.

Context

02 Apr 1990 - 9 Sept 2024

Historically, precious metals were important as currency but are now regarded mainly as investment and industrial commodities. Gold, silver, platinum, and palladium each have an ISO 4217 currency code.
The "London Fix" is issued by the London Bullion Market Association (LBMA). It is the way that global daily prices are set for precious metals including gold, silver, platinum and palladium.

Content

Dataset contains daily London Fix Prices starting from 2 April 1990.

The gold price is set twice daily (at 10:30 and 15:00 London BST) in US dollars.
The silver price is set daily at 12:00 (London BST time) in US dollars.
The platinum and palladium prices are set twice daily at 09:45 and 14:00 (London BST) in US dollars per .9995 fine ounces.

All prices are in USD per troy ounce (oz t) of precious metal.

Acknowledgements

Data was downloaded from Kitco and already cleaned by me.

Platinum futures contracts to be settled in January 2024 were trading on U.S. markets at ***** U.S. dollars per troy ounce on June 20, 2024. This is slightly above the price of ***** U.S. dollars per troy ounce for contracts to be settled in May 2024, indicating that platinum traders expect the price of platinum to increase a little over the next year. Platinum futures are contracts that effectively lock in a price for an amount of platinum to be purchased at a time in the future, which can then be traded on markets. Futures markets therefore provide an indicator of how investors think a commodities market will develop in the future.

In 2023, the highest price among the platinum group metals (PGM) in the United States was rhodium at ***** U.S. dollars per ounce. Ruthenium had the lowest PGM price in the U.S. at that time, at ****** U.S. dollars per troy ounce.

This statistic depicts the average annual prices for platinum from 2014 through 2026*. In 2024, the average price for platinum stood at *** nominal U.S. dollars per troy ounce.

Explore the factors influencing the prices of precious metals like gold, silver, platinum, and palladium, including market demand, geopolitical stability, currency valuations, and interest rates. Discover how economic conditions and industry usage impact their valuation.

Overview

This dataset represents the recorded prices from 1969 to 2024. The data is almost flawlessly recorded, which is incredible for real-world data. With this dataset, you could start comparing the correlations of currency to each metal or investigate when silver was influenced by gold, to name only a few starting cases.

Files

There are 3 files named {metal}_prices.csv where {metal} is either gold, silver or platinum.

Columns

For every file above the following structure is applying: - Date - The date (GMT) in format %d/%m/%Y %H:%M:%S %Z - {metal}_oz_usd_price - US Dollar per ounce (oz) - {metal}_kg_usd_price - US Dollar per kilogram (kg) - {metal}_oz_gbp_price - British Pounds per ounce (oz) - {metal}_kg_gbp_price - British Pounds per kilogram (kg) - {metal}_oz_eur_price - Euro per ounce (oz) - {metal}_kg_eur_price - Euro per kilogram (kg)

Additional Information

The recording time of platinum started later as this asset was officially traded after gold and silver. Euro prices are available from 1999 onwards, as the Euro was established in 1999. Data before this date is not available in EUR.

Credit

Image: https://www.perthmint.com

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.

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.

This statistic displays the average cost of production of platinum worldwide from 2013 to 2018, by selected region. In 2018, the cost of producing platinum in South Africa reached *** U.S. dollars per equivalent ounce. Platinum is a precious metal commonly used as a catalyst, in jewelry, automobile exhaust systems, and more.

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.

Continuously updated Monex bid/ask prices for Palladium spot and common bullion products.

In recent years, the German precious metals industry has strategically repositioned itself as an innovation partner for high-tech industries. Rising demand from forward-looking sectors such as photovoltaics, electronics and hydrogen technology has opened up stable growth potential for the industry and reduced its dependence on traditional customer industries. At the same time, the precious metal markets were volatile. The price of gold remained stable between USD 1,450 and USD 2,100 per ounce between October 2019 and January 2024, before an upward trend began in March 2024. In the case of platinum group metals, opposing effects led to market complexity, with the slower e-mobility transformation temporarily stabilising demand for catalytic converters, while substitution effects for rhodium exacerbated the supply situation in industrial applications. Since 2020, industry turnover has grown by an average of 3.5% per year and is expected to reach €24.4 billion in the current year.In 2025, industry turnover is expected to increase by 5.4%. In October 2025, the price of gold exceeded the historic mark of USD 4,000 per ounce for the first time, driven by central bank purchases, interest rate cuts and geopolitical uncertainties. This means considerable increases in turnover and profitability for German precious metal producers, particularly in the recycling business. The ongoing volatility of platinum group metals and the structural dependence on imports require dual risk management, in which long-term supply contracts secure the supply of primary raw materials, while the accelerated expansion of in-house recycling capacities diversifies the supply base and strengthens resilience.By 2030, industry turnover is expected to increase by an average of 0.9% per year to 25.5 billion euros. Over the next five years, the German precious metals industry will increasingly focus its production capacities on promising high-tech segments. Industry players will develop customised solutions for the energy transition, with platinum likely to play a central role as a catalyst in electrolysers for hydrogen production and palladium in fuel cells. Demographic change is establishing the healthcare sector as a strategic growth market in which companies will invest more heavily, particularly in gold nanoparticles for cancer therapy, biosensors and biocompatible implants. Additive manufacturing will fundamentally transform the value chain and open up new sales markets in medical technology and aerospace. Leading processors are likely to expand their research budgets for biotechnological recycling processes such as bioleaching and enter into strategic partnerships with research institutes in order to establish a sustainable circular economy.