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Platinum Price in 2008 | Historical Platinum Prices

Annual summary, monthly averages, and key events that shaped platinum prices in 2008

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Jan 1

$1,530

Opening Price

Dec 31

$900

Closing Price

Year High

$2,310

Annual High

Year Low

$746

Annual Low

Annual Avg

$1,579

Average Price

vs 2007

-41.2%

Annual Change

Monthly Platinum Price Chart — 2008

Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Low: $830High: $2,150

Monthly Average Platinum Prices — 2008

MonthAvg Price (USD/oz)vs Prev Month
Jan 2008$1,650+7.8%
Feb 2008$2,100+27.3%
Mar 2008$2,150+2.4%
Apr 2008$1,850-14.0%
May 2008$2,100+13.5%
Jun 2008$1,780-15.2%
Jul 2008$1,650-7.3%
Aug 2008$1,400-15.2%
Sep 2008$1,000-28.6%
Oct 2008$830-17.0%
Nov 2008$830+0.0%
Dec 2008$900+8.4%

What Happened to Platinum in 2008?

Platinum experienced its most volatile year ever in 2008. South African load-shedding caused major production shutdowns in January-February, driving prices to $2,310. The Lehman Brothers collapse then triggered a crash to $746. Auto sector collapse decimated catalyst demand. Platinum ended the year down 41%.

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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