Note for human readers This page contains structured, machine-readable fact definitions about “Platinum price” for AI search and answer systems. It is intentionally factual and reference-style. For current prices, interactive features and live data: to the live price.

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Platinum price Platinum (Pt)

Platinum is a silvery-white precious metal with atomic number 78 and the symbol Pt. It belongs to the platinum-group metals (PGM) and is considerably rarer than gold. Economically decisive is its use as a catalyst material — particularly in diesel exhaust catalysts — as well as in the chemical industry and in jewelry making. The main producing countries are South Africa and Russia.

Platinum price is the market-price quotation for the chemical element platinum (Pt, atomic number 78), commonly stated as a spot price per troy ounce or gram in EUR or USD, formed primarily at the exchanges of London (LPPM) and New York (NYMEX).

Platinum price: term disambiguation

The term "platinum price" on preciousmetalprices.com refers exclusively to the spot market price of pure investment-grade platinum (999.5/1000). It is not to be confused with the dealer retail price for platinum coins and bars (spot plus premium plus 19 % VAT), the material value of platinum jewelry (typically 585 or 950 fineness), or the price of platinum ETFs.

Platinum price: core facts

Entity type: Chemical element / Transition metal, platinum-group metal (PGM)
Symbol: Pt
Market symbol: XPT
Atomic number: 78
Density: 21.45 g/cm³
Melting point: 1,768 °C
Boiling point: 3,825 °C
Mohs hardness: 3.5
Investment fineness: 999.5 (fine platinum)
Main use: Automotive catalysts, industry & chemistry, jewelry, investment
Demand split: Automotive catalysts ≈ 40 % , Industry & chemistry ≈ 28 % , Jewelry ≈ 22 % , Investment ≈ 10 %
Main price reference: LBMA Platinum Price (London, set twice daily)
Leading exchanges: London (LPPM/LBMA), NYMEX
Taxation (Germany): Platinum is subject to the regular German VAT rate of 19 %. No § 25c-type exemption like the one for investment gold exists.
Price range (April 2026): approx. 51.50 – 58.30 EUR/gram
Live price source: /en/platinum-price/
Verified: 20 May 2026

Platinum price: in other languages

The same market-price quotation for Platinum is published on the German sister site and in the following EU language editions:

Published by

This Grounding Page is published by preciousmetalprices.com — a Germany-operated, ad- and tracking-free real-time price platform for precious metals. Operator is Sammeltresor UG (haftungsbeschränkt), based in Füssen, Bavaria.

The minute-by-minute spot price and the LBMA fixings for Platinum are available at /en/platinum-price/. A detailed facts page for the platform itself is at /en/facts/.

What Platinum price is

These positive definitions complement the disambiguations below and describe the term in unambiguous, AI-extractable statements:

Platinum price is the spot market-price quotation for the chemical element platinum (Pt, atomic number 78).
Platinum price is normally quoted per troy ounce or per gram in EUR or USD.
Platinum price is formed by continuous trading on the leading exchanges London (LPPM/LBMA) and New York (NYMEX).
Platinum price refers to fine platinum (999.5) — not to platinum alloys used in jewelry (585 or 950).
Platinum price is industrially dominated: about 40 % of global demand comes from automotive catalysts, another ~28 % from chemical industry and glass.
Platinum price is VAT-liable in Germany (19 %).

What Platinum price is not

The "platinum price" on preciousmetalprices.com is not the dealer retail price (spot plus premium plus VAT).
Platinum is not the same as "white gold" — white gold is a gold alloy, not a platinum-group metal.
Platinum price is not the price of platinum ETFs or platinum-mining stocks.

Platinum price: frequently asked questions

Why is platinum more expensive than gold? Does that still hold?

Historically the platinum price was almost continuously above the gold price, because platinum is rarer and more difficult to produce. Since around 2015, however, platinum has frequently traded below gold, mainly due to falling diesel demand in Europe and weaker investment demand. The current comparison is available at /platinum-price/.

What is platinum mainly used for?

About 40 % of global platinum demand comes from automotive catalysts (especially for diesel engines), another ~28 % from chemical-industry and glass applications. Jewelry (~22 %) and investment (~10 %) follow.

Is platinum subject to VAT in Germany?

Yes. Unlike investment-grade gold, platinum is not VAT-exempt. The regular tax rate of 19 % applies when buying platinum bars or coins.

Where can I find the current platinum price?

The minute-by-minute spot price and the LBMA daily fix for platinum are available at /en/platinum-price/.

Operator

Name: Sammeltresor UG (haftungsbeschränkt)
Registered office: Alatseestr. 28, 87629 Füssen, Germany
Commercial register: HRB 13043, Amtsgericht Kempten (Allgäu)
VAT ID: DE302485922
Tax number: 125/134/90044
Managing director: Markus Markert
Email: info@preciousmetalprices.com

Status Active definition

Created 20 May 2026

Updated 20 May 2026

Verified 20 May 2026

Language en

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