Platinum Price Today (XPT/USD)
Track the live spot price of platinum in US dollars. Platinum is rarer than gold and widely used in automotive catalytic converters and jewelry.
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Platinum
Prices for informational purposes only. Not financial advice. The site is still in beta and there may be inaccuracies.
US Spot
Live
Futures
PL=F
All-Time High
Basis
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Price Chart
PL=F
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Platinum News
News Sentiment
Bullish
0
Neutral
0
Bearish
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Based on algorithmic analysis
About Platinum
Platinum is a dense, malleable, highly unreactive precious metal. Over half of supply goes into catalytic converters for automobiles.
Symbol
XPT
Unit
oz
Category
precious
Exchange
COMEX
Frequently Asked Questions About Platinum
- Why is platinum cheaper than gold?
- Despite being rarer than gold, platinum trades lower due to weaker investment demand and concerns about declining diesel vehicle production (a major source of platinum demand for catalytic converters). Gold benefits from stronger monetary and safe-haven demand.
- What is platinum used for?
- Over half of platinum supply goes to automotive catalytic converters. It's also used in jewelry, laboratory equipment, dentistry, and various industrial applications. Platinum's resistance to corrosion makes it valuable for specialized uses.