| Platinum Prices – Historical Annual Data | Year Average Closing Price Year Open | 2011 $1,719.03 $1,755.00 | 2010 $1,611.51 $1,500.00 | 2009 $1,205.79 $926.00 |
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What is the all time high price for platinum?
What is the highest price platinum has ever been? The all-time high platinum price was about $2,270 per troy ounce .
What was the price of platinum in 2011?
Gold peaked at about $1,850 in 2011, but platinum peaked sooner and higher— almost $2,200 at the end of 2007.
What year was platinum the highest?
Historically, Platinum reached an all time high of 2290 in March of 2008 .
What will platinum cost 2020?
In 2020, platinum sold at thereabouts 893 U.S. dollars per troy ounce , a year-on-year rise of close to three percent.
Why platinum is so cheap?
Platinum Is in a Supply Deficit , Lifting Prices
This was especially true in South Africa, the world’s #1 source for newly mined platinum. With mining stalled, the global platinum market entered a supply deficit. In other words, demand for platinum is exceeding the available supply of the precious metal.
Is platinum better than gold?
Platinum: Despite being nearly identical in appearance, platinum is more valuable than gold . Platinum’s high price point can be attributed to its rarity and density as precious metals are often priced by their weight.
What is platinum selling for?
| Platinum Spot Prices Today Change | Platinum Price / Oz $ 999.14 5.94 | Platinum Price Per Gram $ 32.12 0.19 | Platinum Price Per Kilo $ 32,123.10 190.98 |
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What is platinum value?
Platinum Price Per 1 Gram . 30.99 USD . 1 Troy Ounce ≈ 0,031 Kilogram. Platinum Price Per 1 Kilogram. 30993.32 USD.
What is platinum price?
| Platinum Spot Prices Today Change | Platinum Prices Per Ounce $982.00 -2.00 | Platinum Prices Per Gram $31.57 -0.06 | Platinum Prices Per Kilo $31,571.30 -64.30 |
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Is platinum a good investment?
Investors may consider platinum over gold . If gold rally continues without a breather in 2021 again, platinum prices may shore up. Mine production is likely to return to normal in 2021 but still may be below the average annual supply from 2015 to 2019, according to WPIC.
What was the price of platinum 6 months ago?
| Current Price $1,004.00 | 6 Month High $1,284.00 | 6 Month Low $910.53 | 6 Month Change $-187.00 (-15.70%) |
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Will the price of platinum go up?
Platinum prices bounced to a 6-1/2 year high of $1,336.50 an ounce in February. ... Platinum averaged $883 in 2020. Palladium will average $2,552 an ounce this year and $2,450 in 2022, the poll found – up slightly from predictions of $2,410 for 2021 and $2,360 for 2022 in the poll in January.
How much is 5 grams of platinum?
The melt value of one Platinum 5 gram bar bar is $160.09 based on the current platinum spot price.
What is the most expensive metal?
Rhodium : Top Most Valuable Metal
Rhodium is the most valuable metal and exists within the platinum group of metals. It is used in jewelry for a final finish on white gold jewelry.
How much does 1g of platinum cost?
| Platinum Spot Price Platinum Price Today Change | Platinum price per ounce 1,185.48 -1.36 | Platinum price per gram 38.11 -0.04 | Platinum price per kilo 38,114.05 -43.81 | Platinum price in pennyweight 59.27 -0.07 |
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