kilogram<\/a><\/p><\/div><\/div>\n\n\n\nHow we calculate the platinum price per gram<\/h2>
We take the spot price of one troy ounce of platinum (31.1035 g) in pounds sterling and divide it by the weight of the ounce. That gives the price of 1 gram of pure platinum. For lower finenesses we multiply by the metal content: 950 fineness means 95% platinum.<\/p>
This is the value of the metal alone. A buyer will usually pay you less, and bars and coins in shops cost more, because the dealer premium and minting cost are added on top.<\/p>
What is platinum used for?<\/h2>
More than half of all platinum goes into industry: catalytic converters for diesel vehicles, the chemical industry and fuel cells. Platinum jewellery is usually 950 fine, while investment bars and coins are 999.5. Most of the world’s supply comes from South Africa.<\/p>
Frequently asked questions<\/h2>How much is 1 gram of platinum today?<\/h3>
The current price of 1 gram of pure platinum is shown at the top of this page. It moves with the spot price, and the table also lists prices for lower finenesses.<\/p>
Why does a gram of platinum cost more at a dealer?<\/h3>
A dealer sells a finished product: a bar or a coin. On top of the metal value come the premium, the minting cost and, depending on the metal and country, taxes. The smaller the product, the higher the premium per gram.<\/p>
How many grams are in an ounce of platinum?<\/h3>
The troy ounce used for precious metals weighs 31.1035 g. So the price per gram is the price per ounce divided by 31.1035.<\/p>\n","protected":false},"excerpt":{"rendered":"
Platinum price per gram today The current price of 1 gram of platinum in pounds sterling for common finenesses: 999.5, 950, 900. Prices are calculated automatically from the live spot price and refreshed several times an hour. How we calculate the platinum price per gram We take the spot price of one troy ounce of…<\/p>\n","protected":false},"author":1,"featured_media":0,"parent":7816,"menu_order":0,"comment_status":"closed","ping_status":"closed","template":"","meta":{"_acf_changed":false,"inline_featured_image":false,"_kad_blocks_custom_css":"","_kad_blocks_head_custom_js":"","_kad_blocks_body_custom_js":"","_kad_blocks_footer_custom_js":"","_kad_post_transparent":"","_kad_post_title":"","_kad_post_layout":"","_kad_post_sidebar_id":"","_kad_post_content_style":"","_kad_post_vertical_padding":"","_kad_post_feature":"","_kad_post_feature_position":"","_kad_post_header":false,"_kad_post_footer":false,"_glsr_average":0,"_glsr_ranking":0,"_glsr_reviews":0,"footnotes":""},"class_list":["post-19707","page","type-page","status-publish","hentry"],"acf":[],"taxonomy_info":[],"featured_image_src_large":false,"author_info":{"display_name":"Admin","author_link":"https:\/\/metalsradar.com\/gb\/"},"comment_info":0,"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/metalsradar.com\/gb\/wp-json\/wp\/v2\/pages\/19707","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/metalsradar.com\/gb\/wp-json\/wp\/v2\/pages"}],"about":[{"href":"https:\/\/metalsradar.com\/gb\/wp-json\/wp\/v2\/types\/page"}],"author":[{"embeddable":true,"href":"https:\/\/metalsradar.com\/gb\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/metalsradar.com\/gb\/wp-json\/wp\/v2\/comments?post=19707"}],"version-history":[{"count":0,"href":"https:\/\/metalsradar.com\/gb\/wp-json\/wp\/v2\/pages\/19707\/revisions"}],"up":[{"embeddable":true,"href":"https:\/\/metalsradar.com\/gb\/wp-json\/wp\/v2\/pages\/7816"}],"wp:attachment":[{"href":"https:\/\/metalsradar.com\/gb\/wp-json\/wp\/v2\/media?parent=19707"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}