What is the current platinum price per ounce and per gram?
Platinum right now: — per troy ounce, which is — per gram of pure platinum. Jewelry platinum is usually 95 percent pure (stamped PLAT or PT950), so a gram of it carries about — at this minute.
| What you have | Platinum content | Worth right now |
|---|---|---|
| 1 troy ounce of fine platinum | 99.9% | — |
| 1 gram PT950 jewelry (PLAT stamp) | 95% | — |
| 1 gram PT900 jewelry | 90% | — |
Platinum hides in places sellers forget: wedding bands, older engagement ring settings, dental work, and lab wire. The PLAT, PT950 or PT900 stamp settles jewelry; the XRF at our counters settles everything else in about two minutes without damage.
Platinum bars, and platinum versus silver
Platinum bars from the major refiners trade on weight and purity like gold bars, and we buy them the same way: weighed and XRF verified in front of you, priced from the live feed above.
Platinum vs silver: color and value, versus each other
Side by side, platinum is a denser, slightly darker white metal, while silver is brighter but tarnishes. The color of platinum barely changes with age, which is one way to tell an unmarked piece apart. On value they are in different leagues: platinum trades at many times the silver price per ounce, so a correct ID matters before any quote. Our XRF settles it in seconds.
Platinum is tested and paid the same way as gold here: on the scale, in front of you, from the live number on this page.
Find your nearest of our 8 storesPlatinum price FAQs
What is the cost of platinum per ounce, and is it more than gold?
Check the two live numbers: this page shows platinum, and the gold page shows gold, both per troy ounce from the same feed. The lead has changed hands over the years, which is exactly why a live comparison beats any remembered rule.
What does a PLAT or PT950 stamp mean?
Jewelry platinum: PT950 is 95 percent pure and PT900 is 90 percent, far purer than most gold alloys. The stamp plus the live price and the weight is the whole valuation, verified by XRF at the counter.
Do you buy dental platinum and lab platinum?
Yes. Dental and laboratory platinum are bought on tested content like any other form, and pieces mixed with gold are read by the XRF so each metal is credited at its own live price.
Is the platinum spot price what I get paid?
Spot is the reference. A real offer is weight times tested purity times the live price, minus a stated margin shown at the counter, and signed designer platinum is priced above its metal when it deserves it.