Platinum Price History

Platinum price milestones

Platinum set its all-time high near $2,270 in early 2008, when South African power shortages collided with booming diesel-car demand — and for most of the 1990s and 2000s it traded at a premium to gold, which is why “platinum” still connotes above-gold status in cards and records.

The Volkswagen diesel scandal and the shift away from diesel engines reversed that: platinum slipped to a discount to gold around 2015 and crashed to roughly $600 in the 2020 pandemic panic. Persistent supply deficits then fuelled a sharp 2025 recovery to its highest levels in over a decade — still well below gold, a gap the long-term chart makes striking.

Reading platinum performance

The table above summarises how the Platinum price has moved over each window using open, high, and low values, with the percentage change from the start of the period to now. Short windows reflect recent volatility, while the 1-year and 5-year rows show the longer-term trend. Historical performance is descriptive, not predictive — it summarises the past rather than forecasting the future.

For the live price and what drives it, see the Platinum overview, or open the interactive platinum chart. Nothing here is financial advice — see our disclaimer.