Commodity

Platinum

The platinum price in dollars per troy ounce. Used in diesel autocatalysts and hydrogen technology while also trading as a precious metal, it blends industrial demand with investment sentiment.

Latest

1,792 USD/oz

+8.60 USD/oz

Date2026-09-17
History2026-05-04–2026-09-17
Observations96
Yahoo Finance

At a glance

Platinum: latest value and prior change

As of 2026-09-17, Platinum is 1,792 USD/oz. It is 8.60 USD/oz higher than 1,783 USD/oz on 2026-09-16.

Across 96 available observations from 2026-05-04 to 2026-09-17, the latest value is at the tie-adjusted 58th percentile.

Observed on
Default comparison window
2026-05-042026-09-17
Observations · observed cadence
96 · Daily
Data source
Yahoo Finance

A high or low percentile does not by itself make the indicator positive, negative, or a buy or sell signal.

Time-series chart

Platinum

2026-05-04–2026-09-17

Long-history series are stored as real provider observations. Index, FX, VIX, and ratio charts use historical backfill where providers expose it; Korean investor flow and margin-credit feeds expand as stable historical endpoints become available.

Recent observations and calculated changes

The ten latest chart observations. Change subtracts the previous observation; intervals vary with holidays, release schedules and missing data. A difference in rates or ratios is not an investment return.

Platinum · USD/oz
ObservedValuePrevious dateDifference (current − previous)
2026-09-171,792 USD/oz2026-09-168.60 USD/oz
2026-09-161,783 USD/oz2026-09-1510.00 USD/oz
2026-09-151,773 USD/oz2026-09-14-2.70 USD/oz
2026-09-141,776 USD/oz2026-09-11-17.60 USD/oz
2026-09-111,794 USD/oz2026-09-10-3.60 USD/oz
2026-09-101,797 USD/oz2026-09-09-117.3 USD/oz
2026-09-091,914 USD/oz2026-09-0866.20 USD/oz
2026-09-081,848 USD/oz2026-09-0722.20 USD/oz
2026-09-071,826 USD/oz2026-09-045.00 USD/oz
2026-09-041,821 USD/oz2026-09-03-7.40 USD/oz

Source: Yahoo Finance

Interpretation guide

Platinum: half precious metal, half industrial input

Platinum trades with gold and silver as a precious metal, but most of its demand is industrial. Diesel autocatalysts were long its main outlet, and hydrogen fuel cells and green hydrogen production have become the newer demand story — so its price answers to both safe-haven sentiment and manufacturing activity.

Supply and demand structure

Supply is extraordinarily concentrated in South Africa, so local power shortages or strikes translate straight into supply shocks. Demand splits across autocatalysts, industry, jewelry, and investment, with autos the largest slice.

  • South African mine power problems are a recurring supply risk.
  • The shrinking diesel share of vehicles is a structural drag on long-run demand.
  • Hydrogen-economy expectations are the most-cited new demand narrative.

The relationship with gold and palladium

The platinum-to-gold ratio shows whether industrial demand or safe-haven preference dominates. Platinum and palladium substitute for each other in autocatalysts, so a wide price gap prompts manufacturers to switch toward the cheaper metal.

  • A long stretch of platinum cheap to gold points to weak industrial demand.
  • Palladium trading far above platinum pulls catalyst demand back toward platinum.
  • Read with TapeFlow's gold and silver prices for relative strength within precious metals.

The link to the Korean market

Korea touches platinum demand through both autos and hydrogen. The price moves input costs for carmakers and parts suppliers while shaping the environment for hydrogen businesses.

  • Platinum spikes raise costs for parts suppliers using catalysts.
  • Platinum draws attention whenever hydrogen themes run in Korean equities.
  • As a dollar-priced asset, the won rate changes what the move feels like domestically.