The platinum price per kilo in USD can be viewed in the platinum price chart below. View the platinum price in different currencies and weights, by choosing different options above the chart.
Use the platinum price per kilo chart to see what is happening today in the platinum price. You can also see the platinum price per kilo for months and years gone by, up to ten years ago.
It is interesting to talk about the platinum price per kilo but it is an alloy of platinum and iridium that is used as the international standard for measuring a kilo. 40 of the cylindrical kilo weights were made in the 1880s and distributed around the world. The original sits in Washington D.C at the Bureau of International Standards.
Demand for platinum comes from four main sources:
The platinum price per kilo is not just affected by demand, it is also driven by supply. Platinum is 30 times rarer than gold. In fact, it is estimated that there is more platinum on the moon and in meteorites than there is on earth! Over three-quarters of the platinum mining supply comes from South Africa. This means that the platinum price per kilo is very sensitive to any changes that take place within the country, whether political, environmental or social.
Platinum is classed as a precious metal but unlike gold and silver, it has never had a significant role in the international monetary system. Regardless, it is classed as a safe haven. Some academic studies have found that it acts as a safe haven on the few occasions that gold does not. Data also shows that if you held both platinum and gold in your portfolio over the last thirty years, rather than just gold, then your risk-adjusted returns would have been higher.
Do you want to buy gold or buy silver in US? If you have any questions, please send us a message via live chat, email, or phone, and one of our specialists will answer.
In the 15th century, when European explorers began venturing into unknown oceans, maps were often filled with guesswork. The edges of the known world might feature a dragon or a warning: Here be monsters. But the most valuable tool wasn’t the map. It was the compass. Maps could be wrong. The compass told the truth. […]
You’d be forgiven for missing it, but gold has overtaken the euro as the world’s second-most held reserve asset. It now makes up 20% of global central bank reserves. The euro lags behind at 16%. The dollar still sits at the top, for now, but its share is steadily eroding. In 2024 alone, central banks […]
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!