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Platinum

Platinum in U.S. dollars per troy ounce, the PPLT exchange-traded trust that holds it, and exactly which prices we are allowed to show you. No price appears here without a source that permits it.

RESEARCHEducation and research, not investment advice. An ETF share price is not a spot metal price.

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Understanding platinum

What moves platinum

Platinum is mainly an industrial metal — catalytic converters, chemical and glass production — with a small investment market. Mine supply is concentrated in a few countries, so supply disruptions and auto demand weigh heavily on its price.

Reading the PPLT proxy

The abrdn Physical Platinum Shares ETF (PPLT) holds physical platinum valued from the LBMA Platinum Price. Its 0.60% annual fee reduces the platinum behind each share over time; it split 10-for-1 on May 18, 2026 (SEC 8-K).