COMEX (COMEX) · USD
| Market | Price (USD/oz) | Status |
|---|---|---|
|
COMEX
viewing
COMEX · US
|
$2,061.17
08 Jan
|
Closed |
|
Global Market
GLOBAL · XX
|
$2,276.00
per oz
|
Open |
Platinum is a dense, malleable precious metal used primarily in catalytic converters for automotive emissions control, industrial catalysts, jewelry, and select electronic and medical applications. Its market importance reflects heavy industrial demand and use as a precious-metal investment; prices are driven by a small, geographically concentrated supply (notably South Africa and Russia), automotive demand cycles and substitution with palladium, recycling flows, and broader macroeconomic and currency movements.