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Platinum Price in 2016 | Historical Platinum Prices

Annual summary, monthly averages, and key events that shaped platinum prices in 2016

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Jan 1

$887

Opening Price

Dec 31

$906

Closing Price

Year High

$1,094

Annual High

Year Low

$821

Annual Low

Annual Avg

$987

Average Price

vs 2015

+2.1%

Annual Change

Monthly Platinum Price Chart — 2016

Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Low: $860High: $1,095

Monthly Average Platinum Prices — 2016

MonthAvg Price (USD/oz)vs Prev Month
Jan 2016$860-3.0%
Feb 2016$905+5.2%
Mar 2016$960+6.1%
Apr 2016$995+3.6%
May 2016$1,060+6.5%
Jun 2016$1,030-2.8%
Jul 2016$1,095+6.3%
Aug 2016$1,065-2.7%
Sep 2016$1,020-4.2%
Oct 2016$945-7.4%
Nov 2016$930-1.6%
Dec 2016$906-2.6%

What Happened to Platinum in 2016?

Platinum stabilized in 2016 after 2015’s massive selloff. Brexit uncertainty hit the pound but European auto demand held up. Bargain-hunting investors stepped in near the lows. The gold/platinum ratio inverted for the first time in history (platinum became cheaper than gold).

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%

Related Pages

Live Platinum PriceAll Historical YearsGold PricePalladium PriceSilver Price