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Platinum Bullion Price Charts

Platinum's relative scarcity in the face of ever-increasing demand and its historical price performance makes it a provocative and attractive investment vehicle. Research historical pricing data and track the latest prices with our interactive platinum price charts.

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Platinum Bullion Bars

Platinum Bar Price Charts

Monex platinum price charts feature spot prices per ounce, representing the midpoint between bid and ask prices, for .9995 fine platinum bullion. The 3-Month Live chart incorporates the latest price per ounce for the current trading day, while the 6-Month Candlestick, 1-Year Close, 5-Year Close and 10-Year Close charts show the last platinum bullion price for the previous trading day. For more information about our platinum price charts or products, call Monex now. Our Account Representative will provide you with free, insightful information to further expand on the benefits of precious metals investing.

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Customized Charts

Monex offers both our existing and prospective customers an exclusive selection of customized charts, interactive tools and other informative material. Located on restricted-access pages of our website, links to these valuable charts and tools will be emailed directly to qualified recipients. Simply call a Monex account representative at 800-444-8317 to request access and begin learning more about precious metals investing today.

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Free Guide to Reading Precious Metals Charts

This guide will introduce you to valuable tools you can use to identify and prioritize the opportunities in precious metals markets. Learn how to identify the most common price chart patterns and understand what to look for and what actions you should consider taking based on your analysis of price trends.
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The Value of Precious Metals at Today's Price

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Platinum Bullion Bar Price Charts: FAQ's
Can I buy platinum from Monex at the platinum spot price?

Monex does not offer any products at spot prices. The true spot platinum price is merely a benchmark per-ounce price that acts as a reference associated with the present month of the COMEX futures contract. In fact, a genuine spot platinum price is not truly a quote at all, as it is not where dealers offer to buy or sell. Monex offers a two-way buy/sell market with quoted Ask and Bid prices. Ask prices for platinum products reflect competitive marketplace conditions for a particular type of platinum investment. There are, however, charges that accompany transactions including buy/sell fees, shipping expenses or storage charges. Monex quotes extremely competitive prices for platinum bullion depository delivery and publishes buy/sell commission charges commensurate with the size of a transaction. For greater transparency, the Monex live spot platinum price for its 11-hour trading day can be found here on our Live Prices page and by using the Monex Bullion Investor smartphone app available for both Apple and Android smartphones.

What are the top five uses of platinum?

The top-five uses for platinum are (1) as vehicle exhaust system autocatalyst for reducing pollutants, (2) as a chemical catalyst for industrial uses, (3) for jewelry fabrication, (4) in medical devices, and (5) as a monetary metal and as a precious and compact store of wealth for investing.

What can I learn from Platinum price charts?

Over time, platinum prices are recorded, compared and charted against time to suggest trends and overextended price moves. Besides the most current price of platinum, comparison to the previous day's final price and the 200-day moving average of final spot closing prices are frequently monitored.

What factors influence the price of platinum?

Platinum is a commodity, and its price fluctuates throughout the day. Buyers and sellers across all types of marketplaces and transactions dictate supply and demand forces and value. The availability of platinum supplies from mines, scrap recovery, stockpile disposals and investor liquidations, versus demand from industrial uses, jewelry fabrication and investor acquisitions, are the driving force behind worldwide platinum prices. Most notably, the factors influencing the price of platinum are (a) the general strength or weakness in the precious metals sector as a whole, (b) variations in South Africa's mining output, (c) usage in the manufacturing of catalytic converters to reduce auto emissions, and (d) the prospects of increasing jewelry fabrication demand based on platinum's favorable relative value.

What is the best price chart to compare gold vs platinum?

There are two ways to compare platinum to gold: Mathematically, as a simple ratio of the spot price of platinum divided by the spot price of gold or visually, which is the dollar amount that platinum is trading above or below gold. Get the Monex Bullion Investor mobile app for realtime ratio and historical chart data.

What is the price of platinum?

Because platinum is both a highly utilized industrial metal and a monetary investment commodity, it can come in a wide variety of useful forms, qualities and delivery locations. As such, “platinum” actually has different price points at any one instant in time. Utilization forms of platinum, which has the element symbol Pt, include platinum bars, commercial plates, small ingots, platinum coins, wire, shot and powder.

Universally quoted prices for platinum assume the large commercially standard .9995 fine pure platinum 50 troy ounce plate. The NYMEX commodity exchange reports futures contract transaction prices to the public on a 5-15 minute delayed basis. Actually, current platinum prices would be price levels where traders are most actively making a buy or sell market. The best value for a single current price of platinum is the nominal price between those prices on an active high-volume marketplace for immediate delivery, which is most commonly referred to as the spot price of platinum.

What is the spot price of platinum?

The term “spot” was used to indicate the current rather than future price. Common practice of the metals industry is to publish a benchmark market value, which most universally is a particular day's final settlement price per ounce of the New York commodity futures exchange (NYMEX) “spot” month. At other times of the day, metals dealers assess world markets to infer what they believe to be a benchmark spot platinum price.

Monex publishes spot platinum prices along with quoted ask and bid prices of its platinum products, which have been an industry-respected price reference. If a dealer has two different spot prices, that suggests buying or selling spot bullion at ask and bid prices, and thus is not a precious metals industry commonly-used benchmark value for price comparison purposes. The Monex Live Spot Platinum Price for its 11-hour trading day can be found at our Live Prices page and by using the Monex Bullion Investor smartphone app available for both Apple and Android smartphones.

What platinum price charts does Monex produce?

The platinum price charts above are for Monex Spot Platinum, which represent the midpoint between Monex bid and ask prices per ounce, for pure platinum bullion. The 3-Month Live chart incorporates the latest platinum prices for the current trading day, while the 6-Month Candlestick, 1-Year Close, 5-Year Close and 10-Year Close charts use just the final spot platinum price for the previous trading day. These charts are the widely accessible chart information available to all Monex customers and prospective customers, websites, competitors, researchers and government officials alike.

In addition, Monex is pleased to offer our customers and prospective customers a wide selection of other tools, including exclusive and customized charts not available to the general public. Located on special restricted-access web pages, these additional charts and tools are available via special links, which can be sent to qualified recipients in special emails sent from Monex. For access to these additional charts and tools, please call a Monex account representative.

Where is platinum mined in the world?

Incredibly, around 70% of the total mine supply of platinum comes from South Africa. It is quite unusual for a commodity to have over two-thirds of supply produced from one small country, so geopolitical factors in that region can present price volatility, risks and opportunities. For example, in 2014 there was a five-month labor strike followed by a sharp rebound in mining during 2015. Next, Russia is the world’s second largest platinum producer and about the same as all other areas combined. Therefore, the lion’s share of mining is from South Africa and Russia.