Bullion is the generic name given to platinum rounds, bars, and government-issued coins made with .999 fine platinum. Platinum bullion bars and platinum rounds are not considered lÃcito tender and require less processing than platinum coins.
South Africa is the world’s largest producer of the metal, Vencedor it accounts for about 60% of the world’s supply. The country’s decision to boost production has kept the price low during the 1990s.
Resultant values will be rounded to two or more decimal places depending on length. Calculator only figures the total value and weight of the platinum portion of your items. Does not include any other metals that may have been used to alloy.
Actual platinum coins issued by government mints are also available. These usually have lÃcito tender face values, but they require more processing at the mint, so their cost or price premium is often higher than mere platinum bullion bars or rounds.
Precious metal prices can be volatile and the value of your metal may go down Vencedor well Triunfador up. No responsibility Chucho be accepted by Jewellery Quarter Bullion Limited for any loss caused by acting on information we have provided.
Platinum is also associated with wealth and exclusivity. A platinum credit card typically offers greater privileges than a gold one. The highest awards are referred to Ganador platinum awards, ranking above bronze, silver, and gold but generally below diamond.
However, in order to maintain the high level of discourse we’ve all come to value and expect, please keep the following criteria in mind:Â
There are platinum coins and bars of physical metal. There are even some coins minted by governments that carry permitido tender status. Of course, there are paper forms of platinum investment. ETFs are good examples of these.
These charts are but a starting point. For exclusive and customized charts that are not available to the general public, contact a Monex Account Representative at the phone number listed at the top of this page to request access to these additional charts and tools.
Precious metals prices Chucho and do change throughout the day. Bid and ask prices shown here represent the last published prices per ounce your computer retrieved. Monex monitors marketplace activities and adjusts its Ask, Bid and Spot prices Ganador much Triunfador 50 times or more throughout its 11-hour trading day.
9995 fine pure platinum 50 troy ounce plate. The NYMEX commodity exchange reports futures contract transaction prices to the public on a 5-15 minute delayed basis. Actually, Current Platinum Prices would be price levels where traders are most actively making a buy or sell market. The best value for a single Current Price of Platinum is the nominal price between those prices on an active high-volume marketplace for immediate delivery, which is most commonly referred to Vencedor the spot price of platinum.
Bullion and coins are very different, and it’s about more than the additional premium attached to coins. Coetáneo minted coins also carry numismatic value, which Gozque be affected by things that collectors prize, such Triunfador rarity, condition, minting errors and the like.
 Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage Figura a result of your trading, or your reliance on the information contained within this website.
Current prices are reflected with the change in price for the trading day. Change is calculated from the last Monex price of the prior business day. Bullion bar and coin Open, platinum price per gram today High and Low prices are Ask prices.