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Platinum Price Today (XPT/USD)

Track the live spot price of platinum in US dollars. Platinum is rarer than gold and widely used in automotive catalytic converters and jewelry.

Platinum

Platinum

Prices for informational purposes only. Not financial advice. The site is still in beta and there may be inaccuracies.

US Spot
Live
Futures
All-Time High
Basis
Price Chart

Where to Buy Platinum

Browse trusted dealers, compare prices on platinum coins and bars, and buy with confidence.

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Platinum News

News Sentiment

Bullish
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Based on algorithmic analysis

About Platinum

Platinum is a dense, malleable, highly unreactive precious metal. Over half of supply goes into catalytic converters for automobiles.

Symbol
XPT
Unit
oz
Category
precious
Exchange
COMEX

Frequently Asked Questions About Platinum

Why is platinum cheaper than gold?
Despite being rarer than gold, platinum trades lower due to weaker investment demand and concerns about declining diesel vehicle production (a major source of platinum demand for catalytic converters). Gold benefits from stronger monetary and safe-haven demand.
What is platinum used for?
Over half of platinum supply goes to automotive catalytic converters. It's also used in jewelry, laboratory equipment, dentistry, and various industrial applications. Platinum's resistance to corrosion makes it valuable for specialized uses.