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Platinum Price in 2006 | Historical Platinum Prices
Annual summary, monthly averages, and key events that shaped platinum prices in 2006
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
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.