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Platinum Price in 2003 | Historical Platinum Prices

Annual summary, monthly averages, and key events that shaped platinum prices in 2003

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Jan 1

$628

Opening Price

Dec 31

$842

Closing Price

Year High

$872

Annual High

Year Low

$620

Annual Low

Annual Avg

$691

Average Price

vs 2002

+34.1%

Annual Change

Monthly Platinum Price Chart — 2003

Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Low: $635High: $842

Monthly Average Platinum Prices — 2003

MonthAvg Price (USD/oz)vs Prev Month
Jan 2003$635+1.1%
Feb 2003$650+2.4%
Mar 2003$680+4.6%
Apr 2003$710+4.4%
May 2003$720+1.4%
Jun 2003$680-5.6%
Jul 2003$695+2.2%
Aug 2003$720+3.6%
Sep 2003$750+4.2%
Oct 2003$790+5.3%
Nov 2003$820+3.8%
Dec 2003$842+2.7%

What Happened to Platinum in 2003?

Platinum set multi-decade highs in 2003. European dieselisation drove demand for platinum-based catalysts to new records. South African electricity shortages (early signs of Eskom problems) constrained mine output. The US dollar’s weakness amplified gains.

Browse All Years

2000+49%2001-23.5%2002+33.6%2003+34.1%2004+1.2%2005+19.7%2006+11.3%2007+34.8%2008-41.2%2009+61.7%2010+20.7%2011-20%2012+9.3%2013-11.1%2014-11.5%2015-26.6%2016+2.1%2017+1.7%2018-13.7%2019+22.5%2020+10.3%2021-10%2022+11.5%2023-14.2%2024+0.9%2025+9.9%2026+2.3%

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