Platinum value per ounce

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JavaScript seems to be disabled in your browser. For the best experience on our site, be sure to turn on Javascript in your browser. View the live platinum spot price per troy ounce, gram, and kilogram. You can also see the hour price trend for platinum. Below is an interactive platinum price chart with historical pricing, as well as additional historic long term platinum price charts below. Check this box to agree to the shipping date disclaimer.

Platinum value per ounce

By creating an account, you are agreeing to the Terms of Service and the Privacy Policy. To the right are live platinum spot prices per troy ounce, gram, and kilogram. You can also see hour trends for each weight. Share live platinum prices with your website followers or on your blog, using our free platinum price widget. To get started, please select one of the size dimensions from the drop-down menu below, and copy the code from the Widget Code text box and paste it into the desired position in your page. If you have any trouble, please contact us at support jmbullion. The platinum spot price is the price of platinum available for delivery now. Platinum is priced by the troy ounce, which has been the standard weight for precious metals since the s in the US and much longer elsewhere in the world. The spot price of platinum is influenced by several factors including the state of the economy, political events, strength of various currencies, and many other macroeconomic factors. Spot prices are used as reference points for dealers to calculate the price they should charge for physical platinum bullion coins, rounds and bars. All of the products on our website are priced based on a premium to spot price; therefore, you will notice that prices update every few seconds during market hours. This allows customers to invest based on the most up to date market conditions possible. Over the past decade or so platinum prices have increased overall, catching the attention of many investors. Many people look to precious metals such as platinum to help protect themselves against the devaluation of the dollar and fluctuations in the stock market. Platinum, gold, and silver are seen as safe havens of sort in times of financial and political turmoil.

From the price of platinum today, live platinum spot prices, to platinum price history, here we help you have critical platinum price information needed to make smart platinum bullion buying and selling choices. For more information, see our cookie policy, platinum value per ounce.

The story on the emergence of the US dollar hegemony. The United Allocating some of your investment dollars to precious metals is a wise decision. But doing your due diligence before you make a purchase is even wiser. The spot price of platinum is a fluctuating price used as the fair market value for platinum bullion at any given moment. This is wholesale value for a unit of platinum without any added premiums. The spot price is the benchmark used by producers, mints, and dealers when pricing their platinum products.

JavaScript seems to be disabled in your browser. For the best experience on our site, be sure to turn on Javascript in your browser. View the live platinum spot price per troy ounce, gram, and kilogram. You can also see the hour price trend for platinum. Below is an interactive platinum price chart with historical pricing, as well as additional historic long term platinum price charts below. The tools and platinum price charts on this page are designed to allow you to determine the platinum price at a glance.

Platinum value per ounce

See historical prices below:. Since the beginning of , the price of platinum is down 5. This guide explains their main drivers. We also explore whether platinum is a popular metal among traders, why that may be so, and a brief history on how platinum prices came to be typically quoted in USD. Like other precious metals, platinum is a metal found in rocks. Most mining for platinum happens deep underground and the ores are extracted with heavy machinery. Machines play a key part in processing and refining the platinum that we see on the market as consumers, or as part of some everyday tools like cars, buses, jewelry, and more. The spot price of platinum simply represents the price at which the metal can be purchased or sold at the present time. It is the current monetary value of a specific weight unit s of platinum , typically ounces. Platinum supplies are far from unlimited.

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Platinum coins will usually carry a bit of an additional premium, due to the fact that they are government minted and also carry a face value in their country of origin. Here we also provide industry-leading access to updated information about the current price, as well as long term charts and tools where you can track changes in the price of platinum vs how the metal has performed historically. Is there a product that incorporates a higher weight of platinum, for which the per ounce price is lower? Auto Buy Auto Buy Products. Platinum Coins. But both will provide a wealth preservation hedge against rampant price inflation and currency devaluation, as well as possible protection against other economic, distresses ahead. For information on how to buy and sell platinum, check out our dedicated guide. By creating an account, you are agreeing to the Terms of Service and the Privacy Policy. What is the highest price platinum has ever been? This ensures that spot prices for precious metals, like platinum, are constantly fluctuating. Browse some of our selection at the links below:. Online dealers typically work on very thin margins. They respond to the trading of platinum on exchange markets, which goes on constantly when all the exchange platforms around the world are accounted for. Although platinum will not always move with gold and silver, it often does as investors look to buy precious metals or sell precious metals. The potential manipulation of precious metals prices has been a hot topic of debate for some time.

By creating an account, you are agreeing to the Terms of Service and the Privacy Policy. To the right are live platinum spot prices per troy ounce, gram, and kilogram. You can also see hour trends for each weight.

Buy Silver. Essentially, this is the price that the bullion dealer uses when selling platinum to the retail public. With that being said, it does appear that overall there is a long-term uptrend in platinum prices, and if you are able to take the long view, rather than attempting to buy and sell quickly, the precious metals market is no more volatile than the stock market, and it provides the means to hedge your wealth from devaluation in a way that other investments cannot. No, the spot price is only an indicator of the value of one troy ounce of platinum on the "market. No, markups and other added costs are not included in the platinum spot price. The lower the spread the closer the bid and ask prices are in relation to one another , the easier it is for buyers to 'break even' in fiat currency terms in rising precious metal price markets. What is the 'ask price'? How often do platinum spot prices change? For information on how to buy and sell platinum, check out our dedicated guide. When you begin considering the price of platinum per ounce, you will quickly find there are several options for purchasing this metal and adding it to your portfolio.