Live Platinum Price & Historical Chart

Monitor the real-time spot price of platinum (XPT/USD). As a critical industrial metal used in automotive catalysts and jewelry, platinum offers unique opportunities for portfolio diversification.

Live Platinum Spot Price (USD/oz)

Interactive Platinum Price History

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Chart data provided by BullionVault. Prices are indicative.

Investment Grade Platinum (XPT)

Platinum is often called the "rich man's gold." While it shares monetary characteristics with gold and silver, its price is heavily influenced by the automotive industry (catalytic converters) and industrial chemical production.

When the global economy is expanding, industrial demand for platinum often drives the price up, sometimes causing it to trade at a premium over gold.

Platinum Market FAQ

Is platinum more volatile than gold?

Yes. Because the platinum market is much smaller (thinner liquidity) than the gold market, large buy or sell orders can cause sharper price swings.

How is the platinum price quoted?

Like other precious metals, the live platinum price is quoted in US Dollars per troy ounce. This is the international standard for spot trading.