Is the price of platinum the same all over the world?

Yes — the price of platinum is the same all over the world. Exchanges and markets can take the current spot platinum price in USD and convert the price to local currency. Why have trading hours in platinum and other commodities expanded so much in recent years?

How much is platinum worth?

This comes out to about 9.6-22% of one troy ounce, which equates to about $96-$224 worth of platinum with a spot price of $996 (spot at the time of writing). This is why auto companies will sometimes look for a platinum substitute when the price begins to rise (like palladium), and why catalytic converters are sometimes targeted by thieves.

How often do platinum prices change?

Platinum prices change constantly, and our live spot platinum prices and charts update every minute during trading hours to reflect recent market fluctuations. The platinum price table below displays pricing in increments; platinum price per gram, platinum price per ounce and platinum price per kilogram.