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Platinum Price in 2004 | Historical Platinum Prices

Annual summary, monthly averages, and key events that shaped platinum prices in 2004

200320042005

Jan 1

$842

Opening Price

Dec 31

$852

Closing Price

Year High

$938

Annual High

Year Low

$815

Annual Low

Annual Avg

$845

Average Price

vs 2003

+1.2%

Annual Change

Monthly Platinum Price Chart — 2004

Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Low: $830High: $925

Monthly Average Platinum Prices — 2004

MonthAvg Price (USD/oz)vs Prev Month
Jan 2004$845+0.4%
Feb 2004$870+3.0%
Mar 2004$900+3.4%
Apr 2004$925+2.8%
May 2004$895-3.2%
Jun 2004$855-4.5%
Jul 2004$840-1.8%
Aug 2004$835-0.6%
Sep 2004$830-0.6%
Oct 2004$842+1.4%
Nov 2004$850+1.0%
Dec 2004$852+0.2%

What Happened to Platinum in 2004?

Platinum traded sideways in 2004 after the 2003 surge. Auto demand remained robust but investor interest waned slightly. The palladium-to-platinum substitution in gasoline catalysts reversed somewhat, adding complexity to the supply/demand picture.

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%

Related Pages

Live Platinum PriceAll Historical YearsGold PricePalladium PriceSilver Price