Question 1

Why is platinum sometimes cheaper than gold?

Accepted Answer

Platinum is rarer than gold — about 30 times less is mined per year — but its price depends heavily on auto industry demand for catalytic converters. When diesel sales fell in Europe and electric vehicles rose, platinum demand weakened while gold was supported by central bank buying. Historically platinum traded above gold; since 2015 the relationship has inverted.

Question 2

Is platinum jewelry pure?

Accepted Answer

Platinum jewelry in the US and UK is typically 950 (95% pure), with 5% iridium or ruthenium for hardness. Some European markets use 900 or 850. The metal is denser than gold, so a platinum ring of the same size weighs noticeably more and costs more in material terms.

Question 3

Where is platinum mined?

Accepted Answer

Roughly 70% of global platinum supply comes from South Africa (notably the Bushveld Complex). Russia and Zimbabwe account for most of the remainder. Supply disruptions in any of these regions — labour strikes, power cuts, sanctions — produce sharp price spikes.

Question 4

How is the platinum price determined?

Accepted Answer

The platinum spot price (XPT) is set by global commodity markets — primarily the London Bullion Market (LBMA), COMEX in New York, and the Shanghai Gold Exchange. Prices are quoted in US dollars per troy ounce and update continuously during market hours. We convert the live USD quote to your local currency and weight unit in real time.

Question 5

Why is the platinum price different at my local shop?

Accepted Answer

Local retailers add a premium over the spot price to cover refining, fabrication, shipping, dealer margin, and VAT or sales tax. Expect 2–8% markup on bullion coins and bars, and 10–30% on jewelry (the extra covers design and labour). Our prices are the unadjusted global spot, which is the raw material cost before any premium.

Question 6

How often do your platinum prices update?

Accepted Answer

Our XPT quotes refresh every 60 seconds during market hours and are sourced from institutional feeds. Historical charts use daily London PM fix values for consistency with financial reporting standards.

Question 7

Can I use these prices to calculate resale value?

Accepted Answer

The spot price is the starting point, but a dealer will typically offer 92–98% of spot for investment-grade bars and coins, and 60–85% of the melt value for scrap jewelry (after deducting for purity and weight loss during refining). Always check two or three dealers before selling.

Unit	Grams	Price (USD)
Common
Troy OunceUS, GB, CA, AU, DE, CH	31.1035	$1,632.00
GramSA, AE, EG, TR, DE, FR, ES, IT	1	$52.47
KilogramDE, CH, IN	1,000	$52,470.00
TolaIN, PK, BD, NP	11.6638	$612.00
Asian Units
BahtTH	15.244	$799.85
Tael (HK)HK, MO	37.429	$1,963.90
Tael (Japan)JP	37.5	$1,967.63
Vori / BoriBD	11.6638	$612.00
MashaIN, PK	0.972	$51.00
Small Units
Carat (metric)	0.2	$10.49
GrainUS, GB	0.0648	$3.40
RattiIN, PK	0.1215	$6.38

Platinum Price Today in Taiwan – Live Platinum Rates

⚪ Price Calculator

Platinum Price by Weight Unit

Platinum Price Guide — 台灣

Spot, Bid & Ask

Price History

Market Sentiment

Historical Performance

Platinum Market Sentiment

Bid / Ask Spread

Date	Price / oz	Change
Tue, Jul 7	$1,636.00	-1.56%
Mon, Jul 6 Closed	—	—
Sun, Jul 5 Closed	—	—
Sat, Jul 4 Closed	—	—
Fri, Jul 3 Closed	—	—
Thu, Jul 2 Closed	—	—
Wed, Jul 1 Closed	—	—
Tue, Jun 30 Closed	—	—
Mon, Jun 29 Closed	—	—
Sun, Jun 28 Closed	—	—
Sat, Jun 27 Closed	—	—
Fri, Jun 26 Closed	—	—
Thu, Jun 25 Closed	—	—
Wed, Jun 24 Closed	—	—