Platinum Price Today (Pt)
South Africa is the world's largest platinum producer, with the Bushveld Complex hosting the majority of global reserves. Track the live spot below and value PGM concentrate against current payables.
Current platinum price
Common uses of platinum
- Primary industrial and refining demand for platinum.
- Used in alloying, plating, catalysis or battery chemistries depending on grade.
- Traded by African producers as concentrate, doré, cathode or ore depending on stage.
Market context
Platinum is benchmarked off the live LBMA/LME/COMEX feed shown below.
MetalPulse Africa never mixes sources on a single row. When a feed is unavailable we mark the price as a reference or proxy and surface the underlying note alongside it.
Grades, assay & payable
Payable terms vary by buyer, refinery route and assay. The calculator below uses a default payable of 92.0% and an indicative treatment / refining charge of $12/t. Always confirm payables, deductions and penalties with your offtake buyer before signing.
Frequently asked questions
What is the current platinum price?
The live platinum price block above shows the latest figure in USD/oz, with its source, market type (spot / futures / reference) and last-updated time. Refresh the page for the newest value.
Where does MetalPulse Africa get the platinum price from?
From a live commodity-data feed sourced from LBMA / LME / COMEX benchmarks. The exact source label is shown on the price card.
How do I price my own platinum lot?
Use the calculator preview below. Enter your tonnage, grade and payable percentage; the tool returns gross metal value, payable value and a fair price per wet tonne. Full export, multi-currency and PDF reporting unlock with a subscription.