A long-term annual-average price series for platinum is not yet published on Critical Minerals HQ. To preserve our strict no-fabrication rule we show only the live spot price plus the on-file fundamentals below — extended historical data will be added once a verified source is wired in.
Latest tracked price: $960 per USD/oz (as of 2026-05-03).
Platinum is an extremely rare and dense precious metal in the platinum group. It is highly resistant to corrosion and has exceptional catalytic properties. Platinum is essential in automotive catalytic converters and hydrogen fuel cell technology.
Platinum is critical for emissions control in vehicles and is a key enabler of the emerging hydrogen economy. Demand is driven primarily by Automotive catalytic converters, Hydrogen fuel cells, Jewelry and investment. Supply is concentrated in South Africa, Russia, Zimbabwe, so output disruptions or trade-policy shifts in those countries are the main long-run drivers of Platinum prices.
The latest tracked platinum price is $960 per USD/oz. Live spot prices are shown on the Platinum live-price page.
A long-term annual-average series for platinum is not yet published on Critical Minerals HQ. We surface only the live spot price and on-file fundamentals to avoid presenting unverified historical changes.
A long-term annual-average series for platinum is not yet published on Critical Minerals HQ. We surface only the live spot price and on-file fundamentals to avoid presenting unverified historical changes.
A long-term annual-average series for platinum is not yet published on Critical Minerals HQ. We surface only the live spot price and on-file fundamentals to avoid presenting unverified historical changes.
Platinum is critical for emissions control in vehicles and is a key enabler of the emerging hydrogen economy. Demand is driven primarily by Automotive catalytic converters, Hydrogen fuel cells, Jewelry and investment. Supply is concentrated in South Africa, Russia, Zimbabwe, so output disruptions or trade-policy shifts in those countries are the main long-run drivers of Platinum prices.