You can use our platinum price one year chart to identify trends so you know exactly when to make your move and buy investment grade bullion. If you would like to look at the platinum price one year in pounds, or in Euros or Australian dollars, please use our chart options to do so.
The platinum price one year in USD ($) is depicted in the graph above. The platinum price can also be shown in Euros (€), British Pounds (£), or Australian Dollars (A$). You can also identify trends and work to predict future movements in the platinum price by adjusting the time frame and the weight in which you choose to view the chart.
In the US, as across the world, the platinum price one year is determined by global market demand and supply. Platinum is a very rare metal. Significantly less platinum is mined, than gold. This is because it is 30 times rarer. This means that it is very sensitive to any changes in the economy and politics of the countries in which it is mined.
The platinum price one year reflects the platinum market's fundamental effects, such as supply and demand dynamics. As a result, platinum, like other investment-grade precious metals, is one of the few proven financial insurances that can preserve your wealth in difficult times.
When it comes to purchasing or selling platinum, there is no such thing as the "correct" price. When selecting whether to purchase or sell platinum, it is best to focus on the fundamentals of the market, such as its rarity and limited production, as well as the predicted hazards in the global economy. We would advise keeping an eye on events in South Africa and Russia as this is where the majority of mine supply comes from, as well as market announcements from industries such as automotive and green technology as both are major users of platinum.
Do you want to buy gold or buy silver in US? If you have any questions, send us a message via live chat, email, or phone and one of our experts will answer.
For many years the mainstream’s principal argument against gold was that it paid nothing. This was repeated often enough that it acquired the status of received wisdom. Investors were invited to observe the metal, observe the income generated elsewhere, and conclude that gold was an interesting but essentially idle asset. That view belonged to a […]
The gold price has continued to hold comfortably above the $4,000 level, even as the latest United States employment figures finally emerged after the 43-day government shutdown, the longest in the country’s history. The delayed release has produced an unusual situation. Investors are being asked to interpret labour data that reflects conditions from September rather […]
Huge Gold Moves From London to New York
Gold Nears $3,000 – What Happens Next?
Is the U.S. About to Revalue Gold? What It Means for You!