Live platinum price in Euro
Here you can find the live price chart for the platinum price in euros. Choose your preferred time range, weight and currency to monitor platinum price trends.
Live price
Platinum per gram
€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 EUR (per gram)
Last update: Jul 27, 2024, 7:41 AM
| 1 h | 6 hours | 12 hours | 16 hours | 20 hours | 1 day |
|---|---|---|---|---|---|
+0% | +0% | -0.83% | -0.92% | -0.8% | -1.45% |
Platinum best sellers
Platinum price today by weight and carats in Euro
The price of platinum can vary due to various economic factors which influence demand. It is often quoted in ounces (oz) or grams. Here is today's platinum price in Euros.
Last update: Jul 27, 2024, 7:42 AM
| Weight | Current Price | Day Min | Day Max | Day Average | Daily Performance |
|---|---|---|---|---|---|
Gram | 29.82 | 29.82 | 30.27 | 29.98 | -1.45% |
Kilo | 29818.83 | 29818.83 | 30266.37 | 29975.44 | -1.45% |
Ounce | 927.47 | 927.47 | 941.39 | 932.34 | -1.45% |
Ton | 29818830.68 | 29818830.68 | 30266368.74 | 29975443.55 | -1.45% |
The historical performance of the platinum price in Euro
This platinum price chart shows you the history of the price of platinum in Euros.
Last update: Jul 27, 2024, 7:41 AM
| 1 day | 1 week | 1 month | 6 months | 1 year | 5 years | 10 years | 20 years |
|---|---|---|---|---|---|---|---|
-1.45% | -2.89% | -8.66% | +2.48% | -4.14% | +8.82% | -37.59% | +18.45% |
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: Jul 27, 2024, 7:42 AM
| Currencies | Current Price | Day Min | Day Max | Day Average | Daily Performance |
|---|---|---|---|---|---|
EUR | 27.46 | 27.46 | 27.87 | 27.61 | -1.41% |
26.35 | 26.32 | 26.71 | 26.47 | -1.13% | |
29.82 | 29.82 | 30.27 | 29.98 | -1.45% | |
23.17 | 23.17 | 23.52 | 23.29 | -1.46% | |
AUD | 45.48 | 45.43 | 46.1 | 45.69 | -1.13% |
CAD | 41.22 | 41.18 | 41.79 | 41.41 | -1.13% |
CNY | 216.29 | 216.07 | 219.26 | 217.28 | -1.13% |
INR | 2498 | 2495.38 | 2532.23 | 2509.4 | -1.13% |
JPY | 4609.87 | 4605.03 | 4673.03 | 4630.89 | -1.13% |
Why buy platinum?
Platinum has an important role in various sectors, from technology and healthcare to jewellery. For example, It's used in the manufacturing of computer hard disks, dental fillings, cancer-fighting drugs, and catalytic converters. This means it has strong industrial demand, especially when supply is limited.
Trends in the platinum price in Euros
Despite some big ups and downs over the years, the price of platinum in Euros has increased markedly since 1990. The price peaked in the late 2000s, a time when much of Europe experienced a deep recession and a rapid spike in unemployment.
Since then, the platinum price in Euros has been quite volatile and unpredictable, as in the case with any other investment. These price movements are partially influenced by the EUR-USD foreign exchange (forex) rate, as most platinum is denominated in USD.
Economic indicators influencing the platinum price in Euros
The Euro platinum price is also influenced by global supply and demand, as well as market trends and other macroeconomic factors.
Exchange rates, especially the EUR-USD rate, do have a big impact on the affordability of platinum and other precious metals for investors in the Eurozone and the UK economy. This is because platinum prices are generally set in USD, so any fluctuation in the EUR-USD exchange rate can directly impact the platinum price in Euros and demand for the precious metal within the Eurozone.
A stronger Euro makes platinum cheaper for Eurozone investors, potentially increasing demand.
Where does platinum come from?
South Africa is the leader in platinum production, but Russia and Zimbabwe also make large contributions to the global supply. Disruption to supply chains in these countries, particularly South Africa, could have a profound and enduring impact on platinum prices in Euros and other currencies such as the USD and Pound Sterling (GBP).
What else impacts the price of platinum in Euros?
The price of platinum can also be influenced by geopolitical events and economic news, such as Eurozone GDP forecasts and inflation data. Trends in the automotive sector also play a role, due to platinum’s important use in catalytic converters, although not as much as with palladium.
How to buy platinum in Euros
It's always a good idea to check the latest platinum price in Euros first.
You can buy this precious metal by physically owning it, typically as coins or bars, or by doing platinum trading in the form of futures contracts or ETFs. Bars and coins offer the most direct ownership of precious metals, as you are the sole owner.
All platinum products on our website meet the .9995 purity standard, ensuring they are suitable for investors.
To give you flexibility, you can resell your stored platinum products on our website at any time with 0% commission.
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 often quoted in US dollars per troy ounce. To determine the EUR platinum price for 1 gram, the weight and the dollar-euro 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 usually 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.
