BullionVault's platinum price chart shows you the real-time spot price in the professional platinum bullion market. You can then purchase platinum at the prices shown using BullionVault.
We give you the fastest platinum price updates online, with live data processed about every 10 seconds. There is no need to refresh your browser. This chart also gives you up to 20 years of historical data, so you can see the long-term trend in platinum pricing. Live and historic data is available in seven different currencies.
You can then use those real-time spot prices to place an order for Platinum bars using BullionVault's live order board for the London market.
Buy gold, silver and platinum on BullionVault in US Dollars, Euros and British Pounds.
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Yes, BullionVault gives you direct access to wholesale platinum, gold, silver and palladium at live professional-market prices, starting from as little as 1 gram at a time.
It's important to understand that the spot price shown above on BullionVault's chart is provided for reference. Like the spot price published by other sources (such as Reuters or Bloomberg) it represents the average of many wholesale quotes, and – crucially – it represents the average of those quotes' mid-points.
Spot, in other words, doesn't necessarily reflect a price you might actually get from any individual bank or dealer, and it cannot reflect the spread between prices to buy and prices to sell.
For private investors, only BullionVault gives you direct access to that trading spread, enabling you to set or accept prices as you choose using our live Order Board.
You will benefit from the lowest costs for buying, selling and storing platinum. You can also calculate commission and platinum storage fees using our cost calculator
The Daily Price of platinum is determined by London's biggest bullion banks, who agree on a price to clear their outstanding client and inhouse orders at a fixed time each day. The London Bullion Market Association publishes this price on its website.
The price is determined on UK working weekdays at 2pm London time for platinum (2pm for palladium, 3pm for gold, mid-day for silver). The prices are made public at midnight. Orders are processed shortly after the price is determined using a provisional, estimated price, and then adjusted to the published price on the following working day. Place your order for platinum by 1:35pm to secure the daily price shown (1:35pm for palladium, 2:35pm for gold, 11:40am for silver).
No Daily Price is published on Saturday or Sunday, or on certain UK public holidays.
Yes. Ordering at the Daily Price is an easy way to buy and sell platinum. Tell us how much you want to trade, and we'll do the rest for you.
The actual platinum bullion and cash normally take two working days to settle to your account. For a purchase, your funds stay in your account and are reserved until the bullion is settled. Likewise, for a sale, the bullion you are selling is reserved in your account until you receive the cash, typically after two working days.
Open orders are only executed on days when an appropriate price is published.
Many factors impact the changing price of platinum, including industrial supply and demand, central bank monetary policy, inflation and the performance of stock markets and bonds.
Articles, news, and analysis exploring platinum prices and their relationship with the financial markets are published on BullionVault's Gold News each day. Additionally, once you open a BullionVault account, you can opt-in to receive the Weekly Market Update. This weekly email explores and discusses current movements in gold, silver, palladium and platinum prices and the reasons behind them.
The price of platinum can change by the second, led by investment supply and demand as well as by changes in other markets (commodities, stocks or bonds) and also the currency that the investor wishes to use to buy their platinum.
Currently, the spot price for one gram (1g) of Platinum is .
However, it's possible to track the real-time changing price of platinum in grams, plus daily, weekly, monthly and yearly trends using BullionVault's live platinum price chart above.
The prices of platinum and gold can change by the second, dictated by a range of factors including supply and demand and the currency that the buyer wishes to use to purchase their bullion.
Historically, the prices of platinum and gold have adopted similar market trends, with platinum typically holding a greater price. However, since the Volkswagen diesel scandal in 2015, platinum's price has trailed that of gold, making it cheaper to buy
For comparison of the live prices of platinum and gold – and to view historic pricing trends – view BullionVault's live pricing charts to inform your investment decisions.
Platinum achieved its highest historical price in USD in 2008. However, as an industrial metal, the price of platinum is largely determined by supply and demand. As such, the diesel scandal in 2015 impacted platinum's price, as the appeal of diesel cars – and consequently the demand for platinum autocats – waned.
Track the real-time, as well as historic, price of platinum using BullionVault's price chart.
No, platinum does not rust. Platinum is a pure metal – meaning it does not contain iron – and as such, cannot rust or corrode when exposed to water or air moisture.
Platinum's unique physical properties therefore make it invaluable as an industrial metal, as well as being desirable for use in luxury jewellery.
This durability and versatility are among the reasons platinum bullion is seen as an attractive investment for traders. For information on how to best invest in platinum, check out our dedicated guide.
As with any investment, it is not possible to create a 100% reliable projection or forecast for future platinum performance. However, not only is platinum the world's premier jewellery metal – due to its rarity and hardness – but demand for platinum also remains high for its use in high-volume industrial applications, such as the manufacture of fertilizers, petroleum and fibreglass. Its biggest use is in diesel autocats, although it is also used in hydrogen fuel cells.
For information on how to buy and sell platinum, check out our dedicated guide.
Looking back at past performance, platinum achieved its highest price in USD in 2008. However, as an industrial metal, the price of platinum is largely determined by supply and demand. As such, the diesel scandal in 2015 impacted platinum's price, as the appeal of diesel cars – and consequently the demand for platinum autocats – waned.
Track the real-time price of platinum, as well as historic trends for the last 20 years, using BullionVault's platinum price chart.
Opening an account is free, takes less than a minute, and gives you the ability to begin trading immediately with the free bullion we provide at registration.
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