How Much Is Platinum Worth? Live Prices by Weight
The value of platinum depends on weight. A single gram is worth $55.58. A troy ounce is worth $1,728.79. A kilogram is worth $55,581.81. But these are melt values -- the raw metal content priced at spot. What you actually pay (or receive when selling) depends on dealer premiums, which vary by weight class.
The table below shows current melt values and premiums for every platinum weight class tracked on FindBullionPrices. The weight with the lowest premium right now is 1 oz.
Platinum Value by Weight: Melt Value vs. What You'll Pay
| Weight | Melt Value | Lowest Price | Premium | 30d Ago | Trend | |
|---|---|---|---|---|---|---|
| 1 gram | $55.58 | $69.05 | 24.23% | 38.32% | ↓ | Chart |
| 1/10 oz | $172.88 | $193.05 | 11.67% | 19.30% | ↓ | Chart |
| 1 oz | $1,728.79 | $1,843.51 | 6.64% | 9.30% | ↓ | Chart |
Under normal market conditions, smaller weights carry higher premiums per ounce because the fixed costs of minting are spread across less metal. A 1 gram platinum bar typically carries premiums of 24.23% or more, while a 1 oz platinum bar may trade at just 6.64% above melt. Occasionally, when platinum prices rise quickly and dealers hold inventory acquired at lower prices, some weight classes may price at or below melt value -- those rows in the table will show a negative premium.
Weight selection is a trade-off: smaller bars are more affordable and easier to sell in partial amounts, but you pay more per ounce of actual platinum. Larger bars give you more metal per dollar but require a bigger outlay and can be harder to liquidate in small increments.
Platinum is rarer than gold and most of its demand comes from industry, especially vehicle catalytic converters, so its price can move differently from gold and silver. In recent years platinum has often traded below the gold price. Bullion platinum is .9995 fine. The most common products are the American Platinum Eagle, the Britannia, and bars from mints such as PAMP and Valcambi. Platinum has a smaller resale market than gold or silver, so premiums and buy-sell spreads tend to be wider. Compare dealers before buying or selling.
Buying: FindBullionPrices compares platinum prices across online dealers in real time. Start with the closest-to-spot platinum page for the lowest premium, or browse platinum coins and bars via compare platinum prices.
Selling: Start from the melt value shown above. Because the platinum market is smaller, offers vary more between dealers than they do for gold or silver, so comparing is worth the effort. See where and how to sell platinum.
Platinum Value Guides by Weight
Each weight class has its own market dynamics -- different premiums, different buyer profiles, different resale considerations. Select a weight for the full breakdown:
Buying and Selling Platinum
Buying: FindBullionPrices compares platinum prices across online dealers in real time. Start with the closest-to-spot platinum page to find the lowest-premium option, or browse all platinum coins to compare products side by side.
Selling: If you already own platinum and want to sell, your starting point is the melt value shown above. Dealers typically offer between 95% and 99% of spot depending on the product and quantity. See where and how to sell your platinum for a full comparison of sell options.
