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Platinum Price in 2018 | Historical Platinum Prices

Annual summary, monthly averages, and key events that shaped platinum prices in 2018

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Jan 1

$921

Opening Price

Dec 31

$795

Closing Price

Year High

$1,035

Annual High

Year Low

$776

Annual Low

Annual Avg

$882

Average Price

vs 2017

-13.7%

Annual Change

Monthly Platinum Price Chart — 2018

Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Low: $795High: $1,010

Monthly Average Platinum Prices — 2018

MonthAvg Price (USD/oz)vs Prev Month
Jan 2018$990+7.5%
Feb 2018$1,010+2.0%
Mar 2018$965-4.5%
Apr 2018$910-5.7%
May 2018$905-0.5%
Jun 2018$880-2.8%
Jul 2018$830-5.7%
Aug 2018$815-1.8%
Sep 2018$810-0.6%
Oct 2018$830+2.5%
Nov 2018$820-1.2%
Dec 2018$795-3.0%

What Happened to Platinum in 2018?

Platinum fell 14% in 2018. The prospect of electric vehicles displacing internal combustion engines weighed heavily on the metal. South African economic weakness and rand depreciation reduced miner costs, limiting supply curtailments. The gold/platinum discount widened to record levels.

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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Live Platinum PriceAll Historical YearsGold PricePalladium PriceSilver Price