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Platinum Price in 2022 | Historical Platinum Prices

Annual summary, monthly averages, and key events that shaped platinum prices in 2022

← 202120222023 →

Jan 1

$966

Opening Price

Dec 31

$1,077

Closing Price

Year High

$1,145

Annual High

Year Low

$818

Annual Low

Annual Avg

$961

Average Price

vs 2021

+11.5%

Annual Change

Monthly Platinum Price Chart — 2022

Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Low: $860High: $1,130

Monthly Average Platinum Prices — 2022

MonthAvg Price (USD/oz)vs Prev Month
Jan 2022$980+1.4%
Feb 2022$1,060+8.2%
Mar 2022$1,130+6.6%
Apr 2022$970-14.2%
May 2022$945-2.6%
Jun 2022$920-2.6%
Jul 2022$860-6.5%
Aug 2022$880+2.3%
Sep 2022$900+2.3%
Oct 2022$960+6.7%
Nov 2022$1,020+6.3%
Dec 2022$1,077+5.6%

What Happened to Platinum in 2022?

Russia’s Ukraine invasion in 2022 briefly disrupted palladium supply, accelerating platinum-for-palladium catalyst substitution by automakers. This created unexpected platinum demand. However, global auto production remained below pre-pandemic levels due to chip shortages throughout the year.

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