Platinum Price Today – Live Chart and Calculator
Platinum is rarer than gold, but the price is largely driven by the car industry, where the metal is used in catalytic converters.
Platinum price per gram
Calculate the value of your platinum
What is your platinum worth?
Enter the weight and fineness. The calculation uses the current spot price.
Standard for platinum and palladium.
Danish buyers typically pay 70–95% of the spot price for used jewellery.
Result
metal value at spot price (9,50 g pure platinum)
- Weight in grams
- 10,00 g
- Fineness
- 950 (95,0 %)
- Pure metal
- 9,500 g
- Spot price per gram (999)
- 377,08 kr.
- Price per gram 950
- 358,23 kr.
- Price per troy ounce
- 11.729 kr.
The platinum price year by year
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About platinum
Platinum is mined mainly in South Africa, and production is concentrated in a handful of mines. That makes the market sensitive to strikes and power cuts. Demand comes mainly from diesel catalytic converters, the chemical industry and hydrogen technology.
Platinum in jewellery
Platinum jewellery is almost always 950 — that is, 95% pure platinum. The metal is heavier than gold, so a platinum ring weighs more than the equivalent in 18 carat gold and feels noticeably more solid.
Questions and answers
Is platinum more expensive than gold?
Historically platinum has often been more expensive, but since the mid-2010s gold has typically been higher. Compare the two curves on this page yourself.
What is 950 platinum?
950 means 95% pure platinum. It's the standard for platinum jewellery and wedding rings.
Compare with all four precious metals or see gold vs. silver.