Home / Platinum Price / History / 2004
Platinum Price in 2004 | Historical Platinum Prices
Annual summary, monthly averages, and key events that shaped platinum prices in 2004
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
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.