Live platinum price in CHF
Discover the current Platinum rate with our live price chart, available in CHF (Swiss Francs). Adjust the time range, weight, and currency settings to track platinum price trends.
Live price
Platinum per gram
CHF 0.00
More info
1 d
1 w
1m
3m
6 m
1 y
5y
10y
All
Table of content
Performance of the price of platinum in the past 24h in CHF
Last update: Apr 25, 2024, 8:43 AM
| 1 h | 6 hours | 12 hours | 16 hours | 20 hours | 1 day |
|---|---|---|---|---|---|
+0.49% | +0.25% | +0.33% | +0.17% | -0.46% | -0.51% |
Platinum best sellers
Platinum price today by weight and carats in Swiss Francs (CHF)
The platinum price in CHF fluctuates due to various factors including its supply and demand. Prices can be quoted per ounce (oz), gram, kilogram or tonne.
Last update: Apr 25, 2024, 8:43 AM
| Weight | Current Price | Day Min | Day Max | Day Average | Daily Performance |
|---|---|---|---|---|---|
Gram | 29.20 | 28.80 | 29.60 | 29.17 | -0.51% |
Kilo | 29203.47 | 28798.05 | 29596.03 | 29166.38 | -0.51% |
Ounce | 908.33 | 895.72 | 920.54 | 907.18 | -0.51% |
Ton | 29203465.85 | 28798045.24 | 29596026.17 | 29166379.62 | -0.51% |
Historical performance of the platinum price in CHF (per gram)
Our platinum price chart tracks the historical fluctuations in prices per gram in the CHF market. It shows an overall long-term trend in the gold price.
Last update: Apr 25, 2024, 8:43 AM
| 1 day | 1 week | 1 month | 6 months | 1 year |
|---|---|---|---|---|
-0.51% | -3.6% | +1.24% | +2.15% | -16.57% |
Platinum prices today by currency (per gram)
The price of platinum varies depending on whether you're looking at it in euros, US dollars, Swiss francs, or British pounds. This table allows you to track the platinum prices in each currency, as well as their daily performance.
Last update: Apr 25, 2024, 8:43 AM
| Currencies | Current Price | Day Min | Day Max | Day Average | Daily Performance |
|---|---|---|---|---|---|
27.22 | 26.92 | 27.69 | 27.27 | -0.80% | |
26.66 | 26.35 | 27.05 | 26.67 | -0.53% | |
29.2 | 28.8 | 29.6 | 29.17 | -0.51% | |
GBP | 23.36 | 23.1 | 23.81 | 23.42 | -0.92% |
AUD | 44.8 | 44.27 | 45.45 | 44.8 | -0.53% |
CAD | 39.9 | 39.44 | 40.49 | 39.91 | -0.53% |
CNY | 211.22 | 208.77 | 214.31 | 211.25 | -0.53% |
INR | 2429.03 | 2400.82 | 2464.5 | 2429.3 | -0.53% |
JPY | 4516.6 | 4464.15 | 4582.56 | 4517.11 | -0.53% |
Should you buy platinum to diversify your investments?
Diversifying your investment portfolio helps you reduce your exposure to any volatility or unfavourable price movements that impact a specific region, asset classes (i.e. stocks) or industry. Because they’re often considered a safe haven in economic turbulence, precious metals like platinum could be a suitable option for diversification, whether you’re buying platinum in CHF or other currencies.
What is platinum used for?
Platinum is used in everything from automotive sector and jewellery to dental filings and even cancer drugs, which means it has strong and broad industrial demand. It can also be a traditional gift for 70th anniversary or birthdays.
Recent trends in the platinum price in CHF
Platinum prices are influenced by global supply and demand, market trends, and a range of macroeconomic factors. In Switzerland, the platinum price in CHF reflects these global and local economic dynamics, as well as exchange rates (forex) and the strength of USD.
The long-term price trends of the platinum price in CHF
The price of platinum in CHF has been through many ups and downs over the years, which reflects the volatility of this precious metal. Because platinum, like gold and other precious metals, is normally denominated in USD, any change in the USD-CHF will impact the price of platinum in CHF.
Where does platinum come from?
South Africa is by far the largest producer of platinum, followed by Russia and Zimbabwe. The demand for platinum is strongly influenced by the automotive sector as this precious metal is used for catalytic converters.
The role of economic indicators in the platinum price in CHF
The price of platinum in Swiss Francs is impacted by currency exchange rates, especially the USD-CHF exchange rate, as the majority of the world's platinum is denominated in USD. However, other macroeconomic factors, such as inflation data in the Eurozone and UK economy, US interest rates, geopolitical events and other global economic events can also drive the platinum price in CHF up or down.
- In the Swiss market, local economic indicators and the strength of the CHF also have an impact on the affordability of platinum in CHF.
- Much of the world’s platinum trading still takes place in the historic London bullion market, which is represented by the London Bullion Markets Association (LBMA).
Is platinum a good hedge against volatility?
Diversifying your portfolio with a mix of assets in different industries and regions can help you reduce your exposure to any single negative event (i.e. the sharp fall in US tech stocks in 2022).
To generate long-term returns, diversification reduces your reliance on a specific metric, such as the platinum price in CHF or the price of gold in USD.
Diversification can help you take advantage of favourable price movements in a variety of sectors, asset classes and regions.
What is the relationship between the platinum price in CHF and the stock market?
- The demand for this precious metal may rise as investors move their money out of stocks and shares and into safer havens like precious metals, which could boost the demand for and price of platinum.
- That means you might notice an inverse relationship between the platinum price in CHF and the performance of stocks and shares.
- However, the correlation between the price movements of precious metals and stocks and shares is complex.
- These relationships are also influenced by the other macroeconomic factors that we have mentioned above.
Check the platinum price in CHF before you buy it
- The price you see on your website always reflects the latest prices.
- If you fancy reselling your platinum, products that you store with us, you can do this at any time on our website for 0% commission.
- We can deliver your platinum to your home address or keep it stored in our secure Swiss vaults - whichever option you prefer.
Our other precious metals
Frequently asked questions
Read the most frequently asked questions from savers and investors on GOLD AVENUE and on how to buy gold, silver, and precious metals.
How much is 1 gram of platinum worth?
Internationally, the platinum price, set by the LBMA London (London Bullion Market Association) or the LME, has a significant influence on the value of fine platinum. Auctions for both platinum and palladium take place twice daily, once in the morning from 9:45 a.m. and once in the afternoon from 2:00 p.m. (London time). Once the platinum price is determined, the palladium auction begins.
It is important to note that the price of platinum is usually quoted in US dollars per troy ounce. To determine the CHF platinum price for 1 gram, the weight and the dollar-franc exchange rate must be taken into account. With GOLD AVENUE this conversion takes place automatically.
How much does 1 gram of platinum cost?
The cost of 1 gram of platinum can vary depending on the provider. The metal value of fine platinum is determined daily in an independent auction, but vendors typically sell platinum at a percentage premium over the pure metal value. At GOLD AVENUE we offer a diverse selection of high quality platinum products.
How do you calculate the value of 1 gram of platinum?
At the international level, the metal value of platinum is expressed in US dollars per troy ounce, which means that the different weight and exchange rate must be taken into account when converting.
Does the price of platinum change?
The price of platinum is actually subject to regular fluctuations and is determined daily in an independent auction by the LBMA (London Bullion Market Association). Therefore, it is advisable for investors to continuously follow the news and keep an eye on the current platinum price.
