Platinum Price Per Kilo Today
Platinum Coin Values
≈ $322.05 USD
10 Dollars "American Platinum Eagle" Bullion Coinage ,
1997-2008
≈ $984.50 USD
25 Dollars "American Platinum Eagle" Bullion Coinage ,
1999
≈ $1392.50 USD
50 Dollars "American Platinum Eagle" Bullion Coinage ,
2007
≈ $1747.50 USD
100 Dollars "American Platinum Eagle" Bullion Coinage ,
2016
≈ $6716.00 USD
¼ Sovereign - Elizabeth II Platinum Wedding ,
2017
≈ $6716.00 USD
5 Sovereigns - Elizabeth II Platinum Wedding ,
2017
≈ $506.00 USD
5 Dollars - Elizabeth II 1⁄10 oz Platinum Bullion Coinage ,
1990-1999
≈ $119.99 USD
20 Dollars - Elizabeth II Hologram Maple Leaf ,
2002
Platinum Spot Price
$62,491.73 USD
| Platinum Spot Prices | Platinum Price | Spot Change |
|---|---|---|
| Platinum Price Per Ounce | $1,943.71 USD | $22.51 USD |
| Platinum Price Per Gram | $62.49 USD | $0.72 USD |
| Platinum Price Per Kilo | $62,491.73 USD | $723.71 USD |
Live Metal Spot Prices (24 Hours) Last Updated: 6/1/2026, 12:00 PM
What is Platinum's Spot Price?
Imagine if an ounce of any metal could just magically appear at your doorstep. That is what many call a spot price, an exact amount needed for immediate delivery of the metal. Of course, many factors are at play here, and most ingots are more than what spot says… but still, it is the foundation of precious metal investments.
Platinum Annualized Return
| USD | EUR | GBP | AUD | CAD | |
|---|---|---|---|---|---|
| 2015 | -26.07% | -23.82% | -22.15% | -25.1% | -24.39% |
| 2016 | 1.6% | 3.05% | 2.5% | 1.78% | 2.2% |
| 2017 | 2.94% | 0.7% | 0.83% | 2.3% | 2.1% |
| 2018 | -14.66% | -14.2% | -13.8% | -14.4% | -13.95% |
| 2019 | 20.33% | 22.5% | 21.7% | 21.1% | 22% |
| 2020 | 10.98% | 9.8% | 10.2% | 11.1% | 10.5% |
| 2021 | -9.87% | -8.5% | -8.9% | -9.1% | -8.8% |
| 2022 | 9.7% | 11.4% | 12% | 8.5% | 9.2% |
| 2023 | -6.5% | -7.6% | -6.9% | -5.8% | -5.1% |
| 2024 | -8.97% | -10.2% | -9.5% | -8.1% | -7.8% |
| 2025 | 121.97% | 118.4% | 115.6% | 112.9% | 118.1% |
Platinum Spot Price FAQ
Is platinum better than gold?
It depends on what you value. Most investors today choose gold. If you believe that the industries supporting this metal (like green technologies) will grow stronger in the future, perhaps you should invest in more potent platinum instead.What is platinum?
It is a precious metal for investors. For chemists, it’s an element with the symbol Pt and atomic number 78. The metal is dense (strong), but respectfully malleable and isn’t afraid of any corrosion. The ingots are silvery-white. Palladium, rhodium, and iridium are in the same class.What is platinum used for?
This metal is used in the automotive industry, jewelry, medicine and green technology.How much is platinum per kg?
At its current market value in October 2025, this metal sells for about $51,900 a kilo. Quite a high number. Values also change each day with supply and demand in the market, from industrial demand and conditions throughout the world.How much is platinum worth?
Historically, it is a very valuable metal, and today you expect a price in the $45,000+ range. The worth depends on its purity, form, and market rate.Is platinum more expensive than gold?
Not currently. As of 2025, gold is significantly more expensive and trades around $130,000 per kilogram. The current price of platinum per kg is about $51,900.Does platinum tarnish?
This material resists tarnishing and will not corrode like, for example, sterling silver. Of course, it’s better to keep valuable pieces in a case, but even a platinum coin or ring exposed to air, moisture, and most chemicals should be no worse for wear.Is platinum magnetic?
It is not magnetic. However, some alloys may show slight magnetic responses if mixed with other metals.Where is platinum found?
South Africa produces about 70% of the world’s supply of this metal. Other major sources include Russia, Zimbabwe, and Canada. It is often found alongside other metals and nickel or copper ores.Is platinum a good investment?
This metal can be a good investment for diversification and as a hedge against inflation. It has strong long-term demand in industrial sectors like clean energy, but prices can be more volatile due to economic cycles.Is platinum stronger than gold?
Yes. It is denser and more durable than gold. This strength makes it ideal for jewelry and industry.Does platinum scratch?
Yes. You can accidentally scratch this metal. Most are fond of such markings and call them patina. Scratches can easily be polished out if you wish.
Platinum Price History and Performance Over Time
Platinum is a rich metal, and its history is just as rich. Industrial demand and investment trends often influenced its value over the years.
| Year | Average Price (USD / kg) |
|---|---|
| 1995 | $12,930 |
| 2000 | $19,550 |
| 2005 | $31,380 |
| 2010 | $57,000 |
| 2015 | $28,700 |
| 2020 | $34,700 |
| 2025 | $51,900 |
In the past, platinum has been more expensive than gold because it was (and is) less abundant. Its prices rose during the early 2000s, reaching above $50,000 per kilo in 2008. Back then, it was driven by strong demand for automobiles and constrained supply.
Over the last decade, this metal still stayed strong, even if its values are not as high. What could cause this shift? Let’s find out.
How Platinum Prices per Kg Are Determined
The current price per kg is influenced by several key factors.
- Market supply and demand: South Africa produces roughly 70% of the world’s supply of the metal. Then comes Russia, the second biggest producer. If Russia or South Africa has mining strikes or production changes, prices change all over the world for their metals.
- Currency exchange rates: Most metals are traded in the U.S. dollar. A change in the dollar’s strength affects global pricing. Usually, other countries prefer to trade when the dollar is weaker.
- Industrial demand: The automotive and jewelry sectors need this metal to function. The more these sectors develop, the more metal they need, and then the higher the price.
- Investment and speculation: People may support the metals by investing in them and trading them. The more the trade, the merrier.
Platinum and Gold Prices: Which Precious Metal Holds More Value?
Both metals often compete in the market, but their pricing dynamics differ:
| Price per Weight | Platinum | Gold |
|---|---|---|
| Gram | $ | $ |
| Kilogram | $ | $ |
| Ounce | $ | $ |
Platinum price per kg 2025 is significantly lower than its gold counterpart. There are two main reasons for that dynamic: tradition and the industry.
- Gold is traditionally considered a safe-haven investment and is more widely recognized globally, leading to more stable demand.
- The industries where platinum is needed are growing relatively more slowly compared to the 2000s, and therefore have lower demand for the metal.
Will gold ever be surpassed again as it was before the 2010s? Only time can tell, but for now, our volatile market favours the yellow ingots over the white ones.
How Industrial Demand Impacts the Price of Platinum per Kg
With precious metals, we have two dynamics. For gold, for example, growth comes mainly from investors. For metals like platinum, it comes down to industries.
Platinum is heavily used in:
- Automotive Catalytic Converters.
- Chemical Processing.
- Electronics.
Consequently, if these industries start demanding more/less metal, the current platinum price per kg will follow suit.
For example, the chemical or hydrogen fuel cell industries expand. The demand for the metal rises. More people want the item, so it becomes more valuable.
At the moment, the industries are developing. Admittedly, not as quickly as they were in the 2000s, but they are.
Even more importantly, green energy seems to be the path our society is reluctantly choosing. Its growth is just a question of time. When most turn to green fuels, many will need platinum.
Why You Should Never Pay Below the Spot Price of Platinum Bullion
Platinum price per kg has two main contributors: the spot value we’ve talked about, and also dealer’s premiums (delivery, storage, craftsmanship, etc.). Therefore, this metal will always cost above the spot price.
If anyone tries to sell you an ingot or a coin below this price, it is a warning sign. Sellers may be offering counterfeit products, low-quality alloys, or engaging in scams.
Platinum is highly valuable and difficult to produce, and therefore will always cost a bit more than we would want. Reputable dealers may sell metals for a higher value, but it’s better to pay for quality than for a painted-over steel ingot.
