English  |  Deutsch

Platinum Prices & Rates

BOOKMARK & SHARE

  • Netvouz
   
  •  Email this page
  • Print

Platinum Rates at GoldMoney



As a platinum investor, an important thing to consider is the mark-up you have to pay in addition to the platinum market price. At GoldMoney we always offer you competitive, transparent and consistent pricing.

The buy rates displayed below are dependent on the currency you use to pay for your metal purchase. Please click on the 'Change currency' link below and note the buy rate for your currency of payment.


Platinum Buy Rates
Current Spot Rate
$46.8276/pg
$1,456.50/oz
Platinum Grams Ounces Rates
$1 - 9,999 $48.8834 $1,520.4399 4.39%
$10,000 - 99,999 $48.7288 $1,515.6313 4.06%
$100,000 - 499,999 $48.1107 $1,496.4063 2.74%
$500,000 - 999,999 $47.9562 $1,491.6008 2.41%
$1,000,000+ $47.8532 $1,488.3972 2.19%


Platinum Storage Fee * 1 - 49,999
Platinum Grams
  50,000 Platinum Grams
and over
Switzerland (VIA MAT) Month Annum   Month Annum
Switzerland (VIA MAT) Flagvault_via_mat_logo 0.04917% 0.59%   0.04917% 0.59%
Hong Kong (VIA MAT)          
Hong Kong (VIA MAT) Flagvault_via_mat_logo 0.04084% 0.49%   0.03250% 0.39%


  • Gold and silver are stored in Canada, Hong Kong, Singapore, Switzerland, and the UK. Platinum is available for storage in Switzerland and Hong Kong. Palladium is available for storage in Hong Kong.
  • Storage fees are only charged when you own gold, silver, platinum or palladium in GoldMoney. Storage includes insurance coverage against theft from the vault.
  • Fees are deducted monthly from your Holding with a minimum fee of 0.001 goldgrams, 0.001 silver ounces, 0.001 platinum grams and 0.001 palladium grams per month. The storage fees for gold, silver, platinum and palladium are applied to each vault where you hold metal. Therefore, if you hold a balance of gold in both the UK and Switzerland, the gold storage fee will be applied separately to both balances.
  • All storage fees are calculated and paid in goldgrams, silver ounces, platinum grams and palladium grams.
  • If storage fees change we will notify you 30 days in advance.

Consistent and competitive buy prices

Platinum is a metal that is primarily used in industrial applications. It is one of the rarest elements found in the Earth’s crust and is mostly mined in South Africa. The term platinum bullion denotes all platinum in the form of coins and bars fabricated for investment purposes.

When you buy platinum you need to understand how bullion dealers set their rates. You will find that most of them charge inconsistent platinum rates with high spreads. Find out more about how bullion dealers set their platinum rates.

With GoldMoney you can always count on consistent and competitive platinum prices. We quote you a bid price (which we refer to as the “current spot rate”). This is based on the current global market price for physical platinum, to which we add our fixed buy rate. Large orders are completed at the London PM Platinum fixing price plus our fixed buy rate. Our platinum buy rate is clearly disclosed before you submit your buy order. The rates we offer are fixed percentage amounts, thereby enabling you to avoid the inconsistent and unpredictable bid/ask spread of other bullion dealers.


No sell fees or commission


At GoldMoney, we do not charge commission or sell fees*, in contrast to most other bullion dealers. You sell your platinum back to us at the market bid price. In that way you get the most money for your metal. Transparent and consistent pricing is just one of the GoldMoney benefits you enjoy as our customer.

* In exceptional circumstances, GoldMoney may charge a sell fee. The purpose is to provide liquidity to the seller regardless of market conditions. For example, during rare events such as extreme market conditions, we may need to sell to a bullion dealer the metal that we purchase from a customer. If the dealer charges a fee that GoldMoney cannot reasonably absorb, the fee would be passed on to the customer. In keeping with our longstanding policy of full disclosure, if a sell fee is ever imposed, you will be advised of the fee before you transact, thus giving you the choice whether or not to proceed with the sale.

Online spot platinum prices


When you buy platinum, it is important that you can access the most current platinum spot prices. At GoldMoney, our rates update every minute while the global platinum market is open. That’s virtually 24 hours a day, 5 days a week. Select the current platinum price per gram or the platinum price per ounce to see the most up-to-date prices.

Take a look at our research section if you would like to find out more about today’s platinum prices and compare them to historic platinum prices.

GoldMoney Newsletter

Receive email updates on new articles and videos in our Gold Research section

Sign up and receive GoldMoney's Ultimate Guide To Buying Gold!


Read More

Calculator

How much gold, silver, platinum or palladium can I buy?


Loading nanoRep customer support software