Platinum's current price

 What is the cost of platinum today?

The cost of platinum opened at $908.50 per ounce, starting around 9 a.m. That is up 0.97% from the earlier day and down 8.02% from the very start of the year.

The most reduced exchanging cost inside the last day: $892.70 per ounce. The most noteworthy platinum spot cost as of now: $909.40 per ounce.

Platinum spot price

METAL	TODAY	24-HOUR CHANGE	YTD
Platinum price per ounce	$908.50	0.97%	-8.02%
Platinum price per gram	$32.05	0.97%	-8.02%

Platinum cost diagram

The diagram underneath shows how the spot cost of platinum is moving over the course of the year.
Outline
Blend outline with 2 information series.
Source: Twelve Information
View as information table, Diagram
The diagram has 2 X tomahawks showing Time, and pilot x-pivot.
The diagram has 2 Y tomahawks showing values, and pilot y-pivot.
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Year to date, platinum is down 8.02%, starting around 9 a.m. The 52-week high came to $1,135.49 on April 21, 2023, and the 52-week low dropped to $843.15 on Nov. 10, 2023.
The valuable, gleaming shaded metal is evaluated in U.S. dollars. This implies that the vacillations in the worth of the U.S. dollar can influence its cost.
The cost of XPT/USD mirrors the worth of one ounce of platinum in U.S. dollars, and it is exchanged like customary money matches. Since platinum exchanges happen around the world, financial backers can likewise follow the spot cost of platinum in different monetary standards, like XPT/EUR for euros and XPT/GBP for English pounds.
Factors that can impact the cost of platinum remember changes for request, international occasions and pressures in significant platinum-delivering nations. Obviously, financial backer assessment and hypothesis can likewise influence costs.

Precious metals spot prices

Platinum is one of four fundamental valuable metals financial backers can exchange by means of actual bullion, trade exchanged items or prospects contracts. Gold, silver and palladium spot costs are likewise refreshed day in and day out in different monetary standards.

Platinum versus gold cost

At present, platinum exchanges at $908.50 per ounce, starting around 9 a.m., contrasted with gold, which exchanges at $2,029.29 per ounce. Year to date, platinum costs are somewhere near 8.02% and gold costs are somewhere near 1.79%.

"By and large, platinum has frequently been more costly than gold because of its overall shortage and novel properties. In any case, the cost of platinum can vacillate in light of changing economic situations," said John Bergquist, leader of Elysium Monetary.

Political unsteadiness and supply disturbances in significant platinum-delivering locales like South Africa and Russia influence costs.

The shimmering metal likewise will in general be a less dependable store of significant worth than gold.

While by and large, platinum has been pricier than gold, that back-peddled momentarily in August 2011. While taking a gander at the gold-to-platinum cost proportion, platinum was valued above gold from January 2013 until December 2014. From that point forward, gold has dramatically increased its worth contrasted with platinum costs.