Commodity Origins

Platinum price history, 1960 to 2026

London afternoon fix averaged $1,780/troy oz in August 2026, +33% over twelve months and +59% over ten years. The nominal all-time high was $2,434/troy oz in January 2026; in 2024 dollars the real peak was $3,502/troy oz in February 1980. Monthly averages, World Bank Pink Sheet.

Platinum monthly prices, $/troy oz, Jan 1960 to Jul 2026Line chart of platinum monthly prices in $/troy oz from Jan 1960 to Jul 2026: London afternoon fix from 84 to 1,780, peaking at 2,434; Platinum, spot (IMF) from 341.2 to 1,616, peaking at 2,414.05001,0001,5002,0002,50019601965197019751980198519901995200020052010201520202025$/troy oz
London afternoon fixPlatinum, spot (IMF)
Derived price statistics per series
SeriesLatest1 month12 months5 years10 years20 yearsAll-time high (nominal)All-time high (real, 2024 US$)
London afternoon fix
$/troy oz, since 1960
1,780
August 2026
+10%+33%+76%+59%+44%2,434
January 2026
3,502
February 1980
Platinum, spot (IMF)
$/troy oz, since 1992
1,616
July 2026
-7%+16%+49%+49%+32%2,414
January 2026
2,992
May 2008

Percentage changes compare the latest monthly average with the monthly average 1, 12, 60, 120 and 240 months earlier. Real prices deflate by the US consumer price index (BLS via FRED) to 2024 dollars.

Source: World Bank Pink Sheet, 2026-09-02, fetched 6 September 2026 (CC BY 4.0); IMF PCPS, 2026-08-06, fetched 6 September 2026 (© International Monetary Fund. All rights reserved (IMF terms of use)).

Prices are monthly benchmark averages that may lag the market; informational only, not investment, legal or trade advice. For what these benchmarks mean and how they are set, see how platinum is priced.

Monthly platinum prices by decade

Choose a decade. Values are monthly averages in the unit shown; blank cells mean no quote was published.

London afternoon fix ($/troy oz)

London afternoon fix monthly prices, 2020s, $/troy oz
YearJanFebMarAprMayJunJulAugSepOctNovDecAverage
20209879617597547908218659409088769121,028883.4
20211,0911,2071,1811,2091,2141,1241,0861,0099731,0171,0389451,091
20229941,0491,0439659589578699098819159891,011961.7
20231,0539599711,0511,063971950925921892906935966.4
20249268949099401,015985979945967999966938955.3
20259499789809599801,2511,3911,3431,4351,6161,5651,8931,278
20262,4342,1372,0462,0281,9981,7261,6221,7801,971

Platinum, spot (IMF) ($/troy oz)

Platinum, spot (IMF) monthly prices, 2020s, $/troy oz
YearJanFebMarAprMayJunJulAugSepOctNovDecAverage
2020986.7961.1759752.5793.7820.8862.2940.2907.2876.3913.81,026883.2
20211,0901,2071,1811,2081,2121,1241,0871,008975.21,0171,036945.31,091
2022993.81,0491,043963.7958.3954.1870909879914.79891,006960.9
20231,053958.9970.61,0481,059970.6947925922.8891.4906.9946.7966.6
2024929.3894.3908.7940.31,015984.8981.2944964.9998.9962.9935.6955
2025947.7978.3980958.31,0211,2401,3911,3341,4301,6181,5641,8981,280
20262,4142,1412,0542,0171,9911,7381,6161,996

Method

Nominal prices are the source's monthly averages in US dollars, stored in the source's unit and never mixed on one chart. Real prices divide each month by the US consumer price index for all urban consumers (BLS series CPIAUCSL, via FRED) and multiply by the 2024 average, so they read as "2024 dollars". Changes are ratios of monthly averages. The all-time high is the highest monthly average, not an intraday peak.

Downloads

Cite as: Commodity Origins, "Platinum price history (1960–2026)", https://commodityorigins.com/prices/platinum/, data 2026-09-02. Data updated 6 September 2026.