What drives the platinum price?

Platinum reacts to autocatalyst demand, mine supply from South Africa, and broader precious-metals sentiment.

Is platinum rarer than gold?

Annual platinum production is far smaller than gold's, making it one of the scarcer precious metals.

Precious Metals

Platinum prices

Live platinum spot prices, charts and long-term trends. Track XPT across every timeframe.

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Platinum supported by tight mine supply3h ago Autocatalyst demand underpins platinum8h ago Platinum-palladium spread in focus1d ago

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Overview

About the platinum market

Platinum is a rare precious metal used heavily in autocatalysts, jewellery and industry. Its price responds to mine supply, industrial demand and the wider precious-metals complex. Goldvero tracks platinum spot prices in real time.

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Gold calculatorValue gold by weight and purity.Silver calculatorValue silver by weight.Currency converterConvert at live mid-market rates.

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