Platinum Price Today — XPT Rate per Gram, Tola & Ounce
Live platinum price today coverage on this page includes XPT rate per gram, tola, and ounce for faster global comparison.
Use the chart, conversion table, and calculator tools to track catalyst-demand movement, monitor supply risk, and estimate value quickly.
Live price
$1,989.00
Today move
+$0.00 (0.00%)
Refresh status
Source updated:
Page refreshed: May 17, 2026, 1:02 PM
Live Price
Daily Change
Weekly Performance
Monthly Performance
Historical Price Chart
Auto-updates every 60 seconds from live metal feed.
30D range: $2,112.90 to $1,989.00 (-5.86%) · Apr 15, 2026 to May 17, 2026
Latest
$1,989.00
Range High
$2,187.10
Range Low
$1,885.30
Range Move
-5.86%
Live platinum benchmarks by investor and jewelry units
Platinum buyers typically start with the XPT benchmark, then convert into gram, tola, and ounce depending on whether they are comparing jewelry value, bar pricing, or industrial procurement.
This page keeps those practical unit views close to the live chart so you can judge supply-driven moves and relative-value setups without opening separate calculators.
Price per tola, gram, and ounce
Platinum is globally benchmarked in ounces, but gram and tola views make it easier to compare luxury retail items, smaller bars, and local dealer pricing.
The conversion table below turns the live benchmark into practical trade sizes so global and local comparisons stay consistent.
Unit Conversion Table
Use this converter to translate the live XPT benchmark into the exact unit you need for valuation, budgeting, or procurement planning.
| Unit | Price |
|---|---|
| Gram | $63.9478 |
| Kilogram | $63,947.83 |
| Ounce | $1,812.89 |
| Troy Ounce | $1,989.00 |
| Tola | $745.88 |
| Pound | $29,006.25 |
Platinum market character today
Platinum remains range-bound as markets assess fresh macro signals.
Platinum usually reacts to auto-sector demand, industrial recovery, mining supply concentration, and broader risk sentiment.
Platinum sits at the intersection of precious-metal interest and industrial demand. That mix makes it useful for users comparing catalyst exposure, mining risk, and cross-metal relative value.
Its price can respond to auto-sector demand, substitution with palladium, and supply concentration in a way that feels very different from gold.
Compare with other metalsPlatinum Relative Value Snapshot
Gold/Platinum: 2.28 : 1
Gold is trading at a wide premium versus platinum.
Palladium/Platinum: 0.72 : 1
Compare with live palladium priceLive tool
Platinum Value Calculator
Convert platinum quantity into live USD value using real-time benchmark pricing.
Estimated value
$1,989.00
$1,989.00 per troy ounce (XPT)
Planning
Platinum Budget Estimator
Enter your USD budget to estimate how much platinum you can buy at the current live rate.
Estimated quantity
0.5028
Troy Ounce of Platinum at current USD benchmark.
Platinum Rate by Country
Explore platinum rate references for key producer and buyer markets including South Africa, Russia, Zimbabwe, Canada, Pakistan, UAE, and India.
How Platinum Price Works
How Is Platinum Price Set?
Platinum is priced in global commodity markets as XPT/USD and repriced continuously during major trading sessions. The benchmark is shaped by live supply-demand behavior, futures positioning, and institutional risk flow.
Retail and country-level prices are derived from this benchmark after currency conversion, dealer spread, import duties, and local tax impact. That is why local quotes can differ from headline spot.
Why Platinum Matters in 2026
Platinum demand is tied to both precious-metal investment and industrial usage, especially automotive catalysts. This mixed demand profile makes platinum react differently from pure safe-haven assets.
Traders often monitor platinum alongside gold and palladium to evaluate relative value and sector demand shifts before entering positions.
What Moves the Platinum Price?
Automotive Catalyst Demand
A large share of platinum demand comes from catalytic converter manufacturing, so auto production trends can move prices quickly.
Supply Concentration
Mine supply is heavily concentrated in South Africa and Russia. Any output disruption or power constraint can tighten supply.
Recycling Flows
Recycled catalytic material is a meaningful secondary source. Lower recycling flow can add upside pressure in tight periods.
USD and Interest Rates
Platinum is priced in USD globally. Dollar strength and central bank rate expectations influence cross-border demand behavior.
Hydrogen and Industrial Outlook
Fuel-cell and industrial catalyst expectations can influence long-term platinum demand narratives and speculative positioning.
Risk Sentiment
In risk-on cycles, industrial metals can gain momentum. In risk-off phases, platinum may underperform relative to pure safe-haven metals.
Platinum Purity Guide
| Grade | Category | Best Use |
|---|---|---|
| 999.5 | Investment Platinum | Bullion bars and investment products |
| 950 | Jewelry Platinum | High-end jewelry and luxury accessories |
| 900 | Alloyed Platinum | Selected industrial and legacy jewelry uses |
| 850 | Mixed Alloy Platinum | Region-specific commercial jewelry lines |
Platinum vs Gold vs Silver Comparison
| Metal | Price / Oz | Rarity | Main Use |
|---|---|---|---|
| Gold | $4,541.20 | Rare | Investment / jewelry |
| Platinum | $1,989.00 | Rarer | Industrial / jewelry |
| Silver | $76.092 | Common | Industrial / jewelry |
| Palladium | $1,434.00 | Rarest | Auto catalysts |
Use this comparison with the live chart and converter tools to evaluate both trend direction and relative value.
Platinum Trading Hours and Liquidity
Platinum trading follows global commodity market hours from Monday to Friday, with liquidity rotating across Asia, Europe, and North America.
- Asian session opens early and sets overnight directional tone.
- European session usually adds deeper price discovery and volume.
- US session often brings sharper movement around macro data releases.
For time-sensitive trades, compare live chart movement with pair strength on the currency dashboard and cross-check precious metals on markets overview.
FAQ
These FAQs are tailored for users comparing platinum as both a scarce precious metal and an industrial asset, with special focus on value, units, and sector demand.
Related Metals
Looking at related metals helps you compare platinum with gold, silver, palladium, and copper before making a relative-value or sector-demand decision.
Gold
XAU • precious
$4,541.20
0.00%
Silver
XAG • precious
$76.092
0.00%
Palladium
XPD • precious
$1,434.00
0.00%