Spot Platinum Price

Live Platinum spot price, updated every minute — October 16, 2026.

Platinum spot price · Ounce
$1,633.00
(—) 24h change
Live · Updated:
Previous close
—
Open
$1,648.00
Day range
$1,648.00 – $1,633.00

Live Platinum Price Chart

Platinum Price per Unit (USD)

UnitPrice (USD)24h change%
Platinum Price per Ounce $1,633.00 — —
Platinum Price per Gram $52.50 — —
Platinum Price per Kilogram $52,502.17 — —

The spot price of Platinum is the price at which one troy ounce of the pure metal can be bought or sold for immediate delivery. It is quoted in US dollars per troy ounce and is currently $1,633.00.

Spot vs. futures

Futures contracts, such as those traded on COMEX, are agreements to buy or sell at a future date and usually trade slightly above spot because of storage and financing costs. The spot price is the reference used by dealers for coins, bars and scrap metal.

Spot vs. retail

Physical products always sell above spot. One-ounce coins typically carry a premium of 3–8%, small bars and fractional coins more, while large bars trade closest to spot.

Platinum Price in Major Currencies

Currencyper Ounceper Gramper Kilogram
USD — US Dollar $1,633.00 $52.50 $52,502.17
EUR — Euro €1,456.06 €46.81 €46,813.56
GBP — British Pound £1,231.37 £39.59 £39,589.42
INR — Indian Rupee ₹155,299 ₹4,992.96 ₹4,992,964
AED — UAE Dirham AED 5,997.19 AED 192.81 AED 192,814
SAR — Saudi Riyal SAR 6,123.75 SAR 196.88 SAR 196,883
CAD — Canadian Dollar CA$2,317.47 CA$74.51 CA$74,508.40
AUD — Australian Dollar A$2,361.35 A$75.92 A$75,919.19
CHF — Swiss Franc CHF 1,352.59 CHF 43.49 CHF 43,486.81
JPY — Japanese Yen ¥258,156 ¥8,299.91 ¥8,299,908
CNY — Chinese Yuan CN¥10,945.97 CN¥351.92 CN¥351,921
PKR — Pakistani Rupee PKR 452,313 PKR 14,542.19 PKR 14,542,194
MYR — Malaysian Ringgit MYR 6,666.71 MYR 214.34 MYR 214,340
SGD — Singapore Dollar SGD 2,094.06 SGD 67.33 SGD 67,325.53
TRY — Turkish Lira TRY 80,801.34 TRY 2,597.82 TRY 2,597,823
ZAR — South African Rand ZAR 26,982.91 ZAR 867.52 ZAR 867,521
EGP — Egyptian Pound EGP 87,307.54 EGP 2,807.00 EGP 2,807,003
QAR — Qatari Riyal QAR 5,944.12 QAR 191.11 QAR 191,108
KWD — Kuwaiti Dinar KWD 506.98 KWD 16.30 KWD 16,299.77
THB — Thai Baht THB 54,748.10 THB 1,760.19 THB 1,760,192
PHP — Philippine Peso ₱103,017 ₱3,312.06 ₱3,312,062
IDR — Indonesian Rupiah IDR 29,310,864 IDR 942,366 IDR 942,366,176
VND — Vietnamese Dong ₫42,223,645 ₫1,357,522 ₫1,357,521,702
HKD — Hong Kong Dollar HK$12,814.85 HK$412.01 HK$412,007
KRW — South Korean Won ₩2,192,696 ₩70,496.82 ₩70,496,821
MXN — Mexican Peso MX$30,140.62 MX$969.04 MX$969,043
BRL — Brazilian Real R$8,253.92 R$265.37 R$265,370
RUB — Russian Ruble RUB 136,966 RUB 4,403.56 RUB 4,403,556
NGN — Nigerian Naira NGN 2,173,833 NGN 69,890.34 NGN 69,890,342
BDT — Bangladeshi Taka BDT 201,081 BDT 6,464.91 BDT 6,464,905

Platinum Price Performance

PeriodThen (USD/oz)Change (USD/oz)%

Precious Metals Prices

Frequently Asked Questions

The spot price is the price for immediate delivery of one troy ounce of pure metal on the wholesale market. It is the benchmark for all physical Platinum products.

Not usually. Retail products are sold at a premium above spot to cover minting, distribution and dealer costs. Large bars bought through bullion vaults come closest to spot.

The spot price of Platinum today is $1,633.00 per ounce, or $52.50 per gram.