Platinum Price

Home » Platinum Price

Disclosure: Our content does not constitute financial advice. Speak to your financial advisor. We may earn money from companies reviewed.  Learn more

Platinum Price | 24 hours

Copy/Paste the above code on your site to display this chart. Hint: you can change the color and width of the chart directly by changing their respective values inside the code. See this screenshot for details

Summarized Platinum Price Table

# Date/Time Price
1 12:00 PM 950.91 CAD
2 12:00 AM 952.88 CAD

Detailed Platinum Price Table

# Date/Time Price
1 12:00 PM 950.91 CAD
2 06:00 PM 953.56 CAD
3 12:00 AM 952.88 CAD
4 06:00 AM 956.84 CAD

Platinum Price | 15 Days

Copy/Paste the above code on your site to display this chart. Hint: you can change the color and width of the chart directly by changing their respective values inside the code. See this screenshot for details

Summarized Platinum Price Table

# Date/Time Price
1 May-18 947.39 CAD
2 May-22 955.26 CAD

Detailed Platinum Price Table

# Date/Time Price
1 May-14 949.35 CAD
2 May-15 946.54 CAD
3 May-16 945.90 CAD
4 May-17 944.37 CAD
5 May-18 935.22 CAD
6 May-19 941.91 CAD
7 May-20 954.52 CAD
8 May-21 952.41 CAD
9 May-22 952.84 CAD
10 May-23 960.58 CAD

Platinum Price | 3 Months

Copy/Paste the above code on your site to display this chart. Hint: you can change the color and width of the chart directly by changing their respective values inside the code. See this screenshot for details

Summarized Platinum Price Table

# Date/Time Price
1 Mar 1054.87 CAD
2 Apr 974.28 CAD
3 May 949.58 CAD

Detailed Platinum Price Table

# Date/Time Price
1 Mar-06 1115.88 CAD
2 Mar-13 1038.17 CAD
3 Mar-20 1027.44 CAD
4 Mar-27 996.44 CAD
5 Apr-01 994.52 CAD
6 Apr-03 980.38 CAD
7 Apr-10 988.46 CAD
8 Apr-17 982.88 CAD
9 Apr-24 930.05 CAD
10 May-14 949.35 CAD
11 May-18 947.39 CAD
12 May-22 955.26 CAD

Platinum Price | 12 Months

Copy/Paste the above code on your site to display this chart. Hint: you can change the color and width of the chart directly by changing their respective values inside the code. See this screenshot for details

Summarized Platinum Price Table

# Date/Time Price
1 Jun 1122.92 CAD
2 Jul 1068.51 CAD
3 Aug 999.28 CAD
4 Sep 1008.32 CAD
5 Oct 1026.47 CAD
6 Nov 1037.89 CAD
7 Dec 954.12 CAD
8 Jan 996.20 CAD
9 Feb 1052.45 CAD
10 Mar 1054.87 CAD
11 Apr 974.28 CAD
12 May 949.58 CAD

Detailed Platinum Price Table

# Date/Time Price
1 Apr-30 1202.95 CAD
2 May-15 1232.76 CAD
3 May-30 1194.40 CAD
4 Jun-15 1127.66 CAD
5 Jun-30 1089.54 CAD
6 Jul-30 1055.79 CAD
7 Aug-30 1016.03 CAD
8 Sep-15 943.87 CAD
9 Sep-30 965.06 CAD
10 Oct-15 1060.82 CAD
11 Oct-30 1030.53 CAD
12 Nov-15 1086.29 CAD
13 Nov-30 956.43 CAD
14 Dec-15 919.32 CAD
15 Dec-30 969.65 CAD
16 Jan-15 978.31 CAD
17 Jan-30 1019.62 CAD
18 Feb-15 1028.88 CAD
19 Mar-15 1015.76 CAD
20 Mar-30 995.13 CAD
21 Apr-15 997.25 CAD
22 Apr-30 951.65 CAD
23 May-15 946.54 CAD

Platinum Price | 5 Years

Copy/Paste the above code on your site to display this chart. Hint: you can change the color and width of the chart directly by changing their respective values inside the code. See this screenshot for details

Summarized Platinum Price Table

# Date/Time Price
1 2018 893.65 CAD
2 2019 889.00 CAD
3 2020 889.10 CAD
4 2021 1008.93 CAD
5 2022 973.58 CAD

Detailed Platinum Price Table

# Date/Time Price
1 2017-Jun 941.52 CAD
2 2017-Dec 918.26 CAD
3 2018-Jun 892.60 CAD
4 2018-Dec 799.39 CAD
5 2019-Jun 819.10 CAD
6 2019-Dec 934.03 CAD
7 2020-Jun 826.26 CAD
8 2020-Dec 1037.64 CAD
9 2021-Jun 1122.92 CAD
10 2021-Dec 954.12 CAD

Custom Platinum Price Dates

Please select a from and to date to see a custom platinum pricing chart:

Learn More About the Spot Price of Platinum

platinumIn late September 2015, commodities investors were shocked by platinum prices falling across various marketplaces around the world. At the New York Mercantile Exchange (Nymex), futures contracts for platinum delivery in January were priced at just $900 per ounce, which was a drop of 2.5 percent or $20 in a single trading session.

Market analysts who specialize in precious metals noted that the substantial drop in platinum prices was due to concerned investors who reacted to news about Volkswagen, the largest automaker in the world, which was caught in a cheating scandal that has tarnished the brand and could significantly future demand.

How is the Price of Platinum Calculated?

preciousmetalpricestableLike other precious metals, platinum is an investment commodity that is normally traded as part of futures contracts, which means that platinum is subject to the whim factors of the market: supply, demand, speculation, geopolitical events, and investor sentiment. The contract size for platinum is 50 troy ounces, and the spot price per ounce is calculated based on the aforementioned factors.

Who Sets the Price of Platinum?

When it comes to platinum, the Nymex sets a minimum fluctuation of $0.10 per ounce. The price is reported with great fanfare to the Wall Street Journal and other financial news media outlets at the end of each trading session, but this is a formality; trading computers and software report the ongoing spot price of platinum futures on a 24-hour cycle.

What Factors Affect the Price of the Platinum?

Industrial demand should be the number one factor affecting platinum prices; however, speculation and investor sentiment tend to be very strong factors that impact pricing. The great price drop of September 2015 is an immediate market reaction to the use of platinum in the manufacturing of catalytic converters, which are used to reduce emissions in diesel-powered vehicles. The Volkswagen scandal suggests that the manufacturer tinkered with in-vehicle software to defeat emissions testing, which is a finding that has upset drivers around the world. Assuming the production at Volkswagen will be substantially reduced, platinum inventories may languish and the price will drop.

How is Platinum Used These Days?

Aside from car manufacturers, watchmakers, testing laboratories, medical instrument manufacturers, and nautical equipment makers also utilize platinum as part of their industrial output. Platinum has largely come to replace gold in industrial settings. To a certain extent, platinum is also used b y jewelers.