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Platinum Price in 2020 | Historical Platinum Prices

Annual summary, monthly averages, and key events that shaped platinum prices in 2020

← 201920202021 →

Jan 1

$974

Opening Price

Dec 31

$1,074

Closing Price

Year High

$1,265

Annual High

Year Low

$560

Annual Low

Annual Avg

$883

Average Price

vs 2019

+10.3%

Annual Change

Monthly Platinum Price Chart — 2020

Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Low: $620High: $1,074

Monthly Average Platinum Prices — 2020

MonthAvg Price (USD/oz)vs Prev Month
Jan 2020$985+1.1%
Feb 2020$960-2.5%
Mar 2020$620-35.4%
Apr 2020$760+22.6%
May 2020$810+6.6%
Jun 2020$810+0.0%
Jul 2020$880+8.6%
Aug 2020$960+9.1%
Sep 2020$880-8.3%
Oct 2020$870-1.1%
Nov 2020$985+13.2%
Dec 2020$1,074+9.0%

What Happened to Platinum in 2020?

Platinum crashed to $560 in March 2020 (the lowest in 18 years) as COVID-19 halted auto production globally. It then rebounded strongly on platinum-for-palladium substitution momentum and expectations of hydrogen fuel cell demand. ETF inflows accelerated.

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