Platinum Price Today

$2,120.92per troy oz

30-Day Low

$1,838.30

30-Day Avg

$1,986.323

30-Day High

$2,131.80

Platinum Price History & Analysis

The current platinum spot price is $2,120.92 per troy ounce. Over the past 30 days, platinum has traded between $1,838.30 and $2,131.80, with an average price of $1,986.323. Use the interactive chart above to explore different timeframes and identify price trends.

Why Platinum Prices Matter for Coin Collectors

Platinum prices directly impact the melt value of coins containing platinum. For bullion coins like American Platinum Eagles and Canadian Platinum Maple Leafs, the spot price establishes a floor value that fluctuates with global commodity markets. Understanding platinum price trends helps collectors and investors determine whether a coin is trading at, above, or below its intrinsic metal content value.

How to Calculate Platinum Melt Value

A coin's platinum melt value is calculated by multiplying its platinum content (weight in troy ounces multiplied by purity) by the current spot price. For example, a coin weighing 31.1 grams of pure platinum (one troy ounce) would have a melt value of $2,120.92 at today's prices. Our coin encyclopedia automatically calculates melt values for every coin with known weight and composition data, using live platinum spot prices updated throughout the trading day.