Currency & Money

Platinum Prices

Today platinum prices per gram and ounce

Platinum Prices
Today platinum prices per gram and ounce
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Fine Platinum (999) — per gram
LIVE
SAR
Per ounce SAR
Platinum Prices by Fineness per gram — SAR
Ounce price = 31.1 grams
999 Fine Platinum — 99.9%
950 Jewelry Platinum — 95%
900 Medical Platinum — 90%
850 Industrial Platinum — 85%
750 Alloyed Platinum — 75%
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Fine Platinum (999) per gram — All World Currencies
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About this Tool

Live Platinum Price Today — All World Currencies Updated in Real Time

The Platinum Price tool by Get-Tools lets you track live platinum spot prices in over 170 world currencies, all in one place. Simply select your preferred currency from the dropdown to instantly view prices for all major platinum fineness grades (999, 950, 900, 850, 750) as well as the full troy ounce price. Data is sourced directly from international commodity markets and refreshes automatically every few minutes without requiring a page reload.

Platinum fineness grades explained

Like all precious metals, platinum is classified by its purity level, measured in parts per thousand. Here are the main grades you will encounter in the market:

  • 999 — Fine Platinum: 99.9% pure platinum, the highest commercially available grade. Used for investment bullion bars, official platinum coins (e.g. American Platinum Eagle, Canadian Maple Leaf), and as the global benchmark for platinum pricing.
  • 950 — Jewelry Platinum: 95% platinum alloyed with 5% other metals (usually iridium or ruthenium) for added durability. The world's most widely used standard for jewelry, engagement rings, necklaces, and hallmarked items.
  • 900 — Medical Platinum: 90% purity, used in pacemakers, surgical instruments, laboratory equipment, and historically for minting official circulating coins.
  • 850 — Industrial Platinum: 85% purity, traditionally common in catalytic converters, industrial catalysts, and Central European decorative platinumware.
  • 750: 75% platinum content, found in some lower-grade platinum-plated products, electrical contacts, and accessories.

How does the Platinum Price tool work?

The tool fetches the current troy ounce spot price of fine platinum (999) in US dollars from international commodity data sources. It then divides by 31.1034768 (the number of grams in a troy ounce) to get the price per gram. Current foreign exchange rates are applied to convert the USD gram price into any of the 170+ supported currencies. Fineness prices (950, 900, etc.) are calculated by multiplying the fine gram price by the corresponding purity ratio.

What factors affect the price of platinum?

Platinum's price is influenced by a unique combination of monetary and industrial factors. On the industrial side, platinum is indispensable in catalytic converters for diesel vehicles, hydrogen fuel cells, medical devices such as pacemakers, and laboratory equipment. This heavy industrial demand means platinum prices are significantly more sensitive to economic cycles than gold. On the monetary side, platinum serves as a store of value and portfolio diversifier. Other key factors include the strength of the US dollar, mining output concentrated in South Africa and Russia, central bank policies, and speculative trading on COMEX and LBMA.

Platinum vs. Gold and Palladium

Platinum is roughly 30 times rarer than gold in the Earth's crust, yet it currently trades at a significant discount to gold per ounce. This makes platinum an attractive entry point for investors seeking precious-metal exposure. Unlike gold, over 60% of platinum demand comes from industry, making its price more cyclical. Palladium is platinum's closest competitor in catalytic converters, and substitution between the two metals fluctuates based on price differentials and automaker preferences. The gold-to-platinum ratio is a commonly used indicator to assess the relative value of both metals at any point in time.

Key features of the Get-Tools Platinum Price tool

  • Automatic price updates every few minutes with no page reload needed.
  • Support for over 170 world currencies with live exchange rates.
  • Data sourced from trusted international commodity markets.
  • No registration or personal data required to use the tool.
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