Platinum Price Chart

How the platinum market trades

Platinum is a far smaller market than gold or silver, and its supply is unusually concentrated: South African mines produce around 70% of the world total, so power cuts, strikes, or shaft closures there feed straight into price. Recycling of autocatalysts is the other big supply lever.

Demand leans industrial — diesel-vehicle catalytic converters, chemical and glass plants, and a meaningful jewelry market. That mix makes platinum trade partly like an industrial metal and partly like a precious one, with wider percentage swings than gold and long stretches where the two decouple entirely.

How to read the platinum chart

Use the timeframe buttons (1D, 1W, 1M, 3M, 1Y, 5Y, MAX) to change the period shown. Short timeframes capture intraday volatility, while the 1-year, 5-year, and MAX views reveal whether Platinum is in a long-term uptrend, downtrend, or trading range. The line is shaded green when the price rose over the selected period and red when it fell.

Trends, support, and resistance

A series of higher highs and higher lows signals an uptrend; lower highs and lower lows mark a downtrend. Support is a level where buyers have repeatedly stepped in, while resistance is where sellers have capped rallies. These are reference points, not guarantees.

A chart describes the past; it cannot predict the future. Pair what you see with an understanding of what moves the platinum price, and review the historical performance table for context. Nothing here is financial advice — see our disclaimer.