Average platinum price 2016-2023
As of March 8, 2023, the average platinum price increased to around 998 U.S. dollars per troy ounce, an increase of 40 U.S. dollars compared to the 2022 average price. In 2021, platinum sold at approximately 1089 U.S. dollars per troy ounce, a year-on-year rise of close to 22 percent. Platinum is a precious metal commodity which is used in jewelry and autocatalyst manufacturing.
