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Platinum Price in 2006 | Historical Platinum Prices

Annual summary, monthly averages, and key events that shaped platinum prices in 2006

200520062007

Jan 1

$1,020

Opening Price

Dec 31

$1,135

Closing Price

Year High

$1,350

Annual High

Year Low

$1,010

Annual Low

Annual Avg

$1,142

Average Price

vs 2005

+11.3%

Annual Change

Monthly Platinum Price Chart — 2006

Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Low: $1,050High: $1,330

Monthly Average Platinum Prices — 2006

MonthAvg Price (USD/oz)vs Prev Month
Jan 2006$1,050+2.9%
Feb 2006$1,100+4.8%
Mar 2006$1,140+3.6%
Apr 2006$1,200+5.3%
May 2006$1,330+10.8%
Jun 2006$1,180-11.3%
Jul 2006$1,150-2.5%
Aug 2006$1,200+4.3%
Sep 2006$1,210+0.8%
Oct 2006$1,230+1.7%
Nov 2006$1,180-4.1%
Dec 2006$1,135-3.8%

What Happened to Platinum in 2006?

Platinum spiked to $1,350 in May 2006 as hedge funds piled into commodities. Strong ETF launch speculation drove momentum. The market corrected sharply in mid-year but recovered. South African power grid instability began causing supply disruptions.

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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