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Platinum Price in 2024 | Historical Platinum Prices

Annual summary, monthly averages, and key events that shaped platinum prices in 2024

202320242025

Jan 1

$924

Opening Price

Dec 31

$932

Closing Price

Year High

$1,049

Annual High

Year Low

$890

Annual Low

Annual Avg

$957

Average Price

vs 2023

+0.9%

Annual Change

Monthly Platinum Price Chart — 2024

Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Low: $895High: $1,010

Monthly Average Platinum Prices — 2024

MonthAvg Price (USD/oz)vs Prev Month
Jan 2024$920-0.4%
Feb 2024$895-2.7%
Mar 2024$910+1.7%
Apr 2024$960+5.5%
May 2024$1,010+5.2%
Jun 2024$975-3.5%
Jul 2024$950-2.6%
Aug 2024$940-1.1%
Sep 2024$970+3.2%
Oct 2024$950-2.1%
Nov 2024$945-0.5%
Dec 2024$932-1.4%

What Happened to Platinum in 2024?

Platinum was essentially flat in 2024 as structural debates about the EV transition offset near-term catalyst demand resilience. Physical deficits were reported by the World Platinum Investment Council for a fourth consecutive year, but investment demand remained subdued relative to the supply shortfall.

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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