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Platinum Price in 2005 | Historical Platinum Prices
Annual summary, monthly averages, and key events that shaped platinum prices in 2005
Jan 1
$852
Opening Price
Dec 31
$1,020
Closing Price
Year High
$1,040
Annual High
Year Low
$840
Annual Low
Annual Avg
$897
Average Price
vs 2004
+19.7%
Annual Change
Monthly Platinum Price Chart — 2005
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Low: $858High: $1,020
What Happened to Platinum in 2005?
Platinum rose nearly 20% in 2005 as the commodity supercycle accelerated. Rapidly growing Chinese auto sales added a new major demand source. South African mining output grew modestly but could not keep pace with demand growth. Platinum crossed $1,000 for the first time.