Its chemical stability makes it excellent for industrial applications, and its resistance to tarnishing and wear make it a popular choice when crafting jewelry. The price for any Platinum product is the spot price plus a premium, which is added by all dealers to cover their overhead. Platinum American Eagle Coin. Show. APMEX has been on that shortlist since 2014 and is in such good company as Deutsche Bank, Scotia Bank and Fidelitrade, to name a few. The Platinum Panda Coin Prices page offers unique insight into this interesting series. CREX24 is the current most active market trading it. The spot price of Platinum is always higher than the bid price (what dealers pay for Platinum per ounce) and always lower than the ask price (what you will pay a dealer for Platinum per ounce). Your Online Trusted Store for buying Platinum Gold and Silver Coin Bar at LIVE Price Rate in India. Platinum. Produced in the U.S.A. by the U.S. Mint, U.S. Not all investors are aware that Kitco allows you sell platinum online, with complete security and peace of mind. The Canadian Platinum Maple; The other way of investing in platinum is by buying Canadian Maples. There are five main precious metals openly traded on various exchanges, platinum has the second smallest futures market. Weekdays from 6:00 PM NY time until midnight the previous close is from the current day. CAD. 1 gram Platinum Bar PAMP Suisse Lady Fortuna .9995 Fine (In Assay) ALERT ME! You can track your Precious Metals holdings, be alerted to spot price movements, request notifications on products that are out of stock and more. Reserve currencies are used to settle international transactions. These platinum coins are struck using 0.9995 pure platinum. PLAT price is down -7.9% in the last 24 hours. The prices listed in the PCGS Price Guide are average dealer asking prices for PCGS-graded coins. Along with being a precious metal, platinum is part of a unique subcategory referred to as Platinum Group Metals (PGM). Free shipping on many items | Browse your favorite brands | affordable prices. The LBMA is responsible for setting the benchmark prices for gold and silver as well as platinum and palladium. This is the change in the price of the metals from the price at the end of the previous trading session. We use the last quote at 5:00 PM as the close of that given day. One troy ounce of platinum is the same around the world and for larger transaction are usually priced in U.S. dollars as that is the most active market; however, the value of an ounce of platinum can be higher or lower based on the value of a nationâs currency. Tell us your Platinum target price and we will send you an email or text message as soon as the market reaches your price. Wyckoff, Where Are the Stops - Jim An OTC is not a formal exchange and prices are negotiated directly between participants with most of the transaction taking place electronically. Bid. Email address. Due to COVID-19 we are experiencing delays and unprecedented order volumes, please expect a shipping delay. The spot price for platinum is determined from trading activity on Over-The-Counter (OTC) decentralized markets. As always, you should decide what investments make the most sense for your goals. Platinum futures are used both as a way for producers and market makers to hedge their products against fluctuations in the market, and as a way for speculators to make money off of those same movements in the market. The .9995 pure platinum coin features the Somali national crest on the reverse side and an Elephant near a river bank in a sunrise setting. Like other precious metals, platinum actually trades 23 hours a day Sunday through Friday. Troy weight units are primarily used in the Precious Metals industry. Platinum bullion often appears in the form of bars, rounds and Sovereign coins that carry a face value and are backed by a government. For the high and low values, we are showing the lowest bid and the highest ask of the day. The spot price of Platinum is the price you would pay for one ounce of Platinum. Russia issued 16 platinum coins starting from 1992, with the face value (weight) of 25 (1/10 oz), 50 (1/4 oz) and 150 rubles (1/2 oz). There are two different positions that can be taken: A long (buy) position is an obligation to accept delivery of the physical metal, while a short (sell) position is the obligation to make delivery. Live 24-hour Platinum Price Spot Chart from New York, London, Hong Kong and Sydney. Platinum Price History. It is not an exchange. The spot platinum prices refers to the price of the precious metals for immediate delivery. It has a circulating supply of 0 PLAT coins and a max supply of 19.7 Million. The RCM issued the Platinum Maple Leaf from 1988 to 2002 with four weights available that included 1 oz, 1/2 oz, 1/4 oz, and 1/10 oz options. $1,151.20-1.00. Fast & Free Shipping† On Orders Over $99! Bid $1,062.10 Platinum is also perfect for collectors and investors on a practical level. in good condition * Unrecognized bars include: Any mint not listed above (including Franklin Mint … The APMEX price chart lets you view live Platinum prices today or research the historical price of Platinum over the last 30 years. While grinding for coins … Pricing for bullion coins typically depends on the market price of the metal. Unlike gold and silver, sentiment has little impact on platinum prices. For the refining industry, the LBMA is also responsible for publishing the Good Delivery List, which is widely recognized as the benchmark standard for the quality of gold, silver and PGM bars around the world. All prices are updated in real-time. There are many factors and options for this. The LBMA Platinum Price are the widely accepted benchmarks in the precious metals space. Until 2016, the Somalian Elephant coin was only available in silver and gold. Premiums take into consideration four additional costs: the current spot price, the fabrication fee, the cost of distribution, and a small dealer fee. 5 gram Platinum Bar – PAMP Suisse (In Assay) ALERT ME! Ask. Premiums are additional costs to any platinum bar investment that must be paid at time of purchase. Learn how to sell your Platinum today. The Platinum Canadian Maple Leaf is available from Monex in the one-ounce size only and available from Monex in units of 10 coins. Bullion and coins were not widely produced until the 1970s, and even the United States produced no official platinum bullion coin until 1997, when the American Eagle Platinum Coin was introduced. For example: Platinum last traded at $1,000 at 5:00 PM on January 17. 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