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Platinum price development

Platinum price as of today

Weight EUR USD CZK
1 troy ounce 1,500.72 1,735.40 36,332.43
1 gram 48.25 55.79 1,168.12

Platinum is a very popular metal among investors. The main reason platinum is an attractive investment is its limited availability. Platinum is mined only in limited quantities, and its extraction and processing are relatively costly. This means the price of platinum can rise fairly quickly when demand — especially from industry — begins to climb. That is linked to its use in the production of photovoltaics, in medicine, in the automotive industry, and in the manufacture of batteries and electronic components. Demand for platinum is therefore stable, and its industrial component is expected to keep growing.