Live platinum spot price. Use the Platinum Calculator to value a specific item.
| Per troy ounce | $1,600.00 |
| Per gram | $51.44 |
| Per pennyweight (dwt) | $80.00 |
| Per kilogram | $51,441.19 |
1 troy oz = 31.1035 g
The platinum spot price is the current market price to buy or sell one troy ounce of pure platinum for immediate delivery — the benchmark used to price platinum jewelry, coins, and bars.
Platinum has significant industrial demand (especially in catalytic converters), so its price is more sensitive to industrial and automotive demand shifts than gold, which trades more as a monetary and store-of-value asset.