avg response
Trading-grade latency
Live platinum spot quotes from primary market data feeds, delivered in under a second on average. Fast enough for dashboards, OMS hooks, and other price-sensitive workflows.
p95
743ms
uptime
99.9%
REST · JSON · RapidAPI
Live PT spot quotes, historical OHLC and conversions into 180+ currencies from one REST endpoint, with sub-second responses and a free tier on RapidAPI.
Platinum price today: 1,434.00 USD per troy ounce (+0.00, +0.00%)
Also available
Live Response · try any currency
/api/metal-quote?symbol=PT¤cy=USD
Platinum price by unit
| Unit | Equivalent | Price (USD) |
|---|---|---|
| Per troy ounce | 31.1 g | 1,434.00 |
| Per gram | 1 g | 46.10 |
| Per kilogram | 1,000 g | 46,104.17 |
Calculated from the live mid price of 1,434.00 USD per ounce. Pure metal value only; refining, fabrication and dealer margins are not included.
USD per ounce, from the same quote as the table above.
Sample response
/api/metal-quote?symbol=PT¤cy=USD
{
"ID": 1793626042,
"results": [
{
"symbol": "PT",
"currency": "USD",
"ask": 1439,
"mid": 1434,
"bid": 1429,
"high": 1458,
"low": 1424,
"open": 0,
"close": 0,
"timestamp": 1793626020,
"change": 0,
"changePercentage": 0,
"unit": "OUNCE",
"originalTime": "2026-11-02T08:26:59.72Z"
}
]
}
Prices are per ounce in the requested currency. timestamp is Unix seconds. See the OpenAPI spec for every field.
The platinum price is the US dollar value of one troy ounce of platinum for immediate delivery. Platinum is about thirty times rarer than gold in the ground, yet it has traded below gold for most of the past decade because its demand is dominated by the car industry. Metal Sentinel returns the live spot quote and day range in 180 or more currencies.
Catalytic converters, especially in diesel vehicles, absorb around forty percent of platinum supply. European diesel sales and emissions rules therefore set the tone for the market.
When palladium trades far above platinum, car makers switch gasoline catalysts toward platinum. That substitution has been a steady source of new demand since the early 2020s.
South Africa mines roughly seventy percent of the world's platinum. Power shortages, wage disputes and deep, costly shafts make supply unreliable and keep the market in periodic deficit.
Fuel cells and electrolysers use platinum catalysts, so hydrogen policy affects long-term forecasts. Exchange-traded funds and Chinese jewellery demand swing the short term.
About Platinum
Platinum is a dense, ductile, and highly unreactive precious metal. About 70% of mined supply originates in South Africa, with Russia and Zimbabwe accounting for most of the rest. Most consumption is industrial, led by autocatalysts that scrub diesel emissions. The price is fixed twice daily by the London Platinum and Palladium Market.
Where Platinum is used
No platinum articles published yet. The news desk covers the wider metals market in the meantime.
Why Metal Sentinel
One API for live spot quotes, history and conversions, built for production apps.
avg response
Live platinum spot quotes from primary market data feeds, delivered in under a second on average. Fast enough for dashboards, OMS hooks, and other price-sensitive workflows.
p95
743ms
uptime
99.9%
fiat & crypto
Pass a currency code to get platinum priced in any of 180+ fiat currencies or 90+ crypto tokens, without wiring up a separate FX feed.
metals
Gold, silver, platinum, palladium, rhodium, copper, nickel, aluminum, lead, and zinc, all with the same authentication and response shape.
historical
The same API also returns historical OHLC candles, FX conversions, and market status.
to start
Start on the free tier on RapidAPI and build a prototype in minutes. Paid plans have transparent, predictable pricing.
Questions people ask before they wire the platinum price into a product.
Price follows demand more than scarcity. Gold has central banks and investors as permanent buyers, while platinum depends on car production. When diesel demand fell after 2015, platinum lost its premium over gold.
Both are platinum-group metals mined together and both clean exhaust gases. They are partial substitutes, so a wide price gap between them tends to close over a few years as manufacturers switch.
Call /api/metal-quote with symbol=PT and the currency you want. The response includes bid, ask, mid, high, low and the quote timestamp.