Platinum Price Today – Live Chart Futures

Discover the latest platinum price across major commodity exchanges, including NYMEX, COMEX, CME, ICE, and LME. Platinum, a rare and valuable precious metal, plays a vital role in both industrial applications and investment portfolios. Despite its lower trading volume compared to gold or silver, platinum futures and options are actively used by investors for hedging and speculative purposes. The price of platinum often reflects global economic trends, supply chain disruptions, and shifts in demand from the automotive and electronics industries. Our live chart and detailed market overview help you track real-time platinum price movements and make informed decisions.

Stay ahead of the market with our Platinum Futures Live Chart — a fast, lightweight, and fully interactive tool designed for both beginners and experienced traders. This free web-based solution requires no downloads or installations and delivers everything you need for in-depth technical analysis of platinum prices.

With access to over 100 professional-grade drawing tools and more than 80 customizable technical indicators, the chart lets you analyze real-time price movements, identify trends, and fine-tune your trading strategy — all in just a few clicks.

Whether you’re monitoring short-term fluctuations or planning long-term investments, this chart offers the flexibility and precision needed to make informed decisions in the dynamic world of precious metals trading.

Technical Analysis Platinum

The Platinum Futures technical analysis panel offers a quick and comprehensive overview of the market using a wide range of trusted indicators. With a clean speedometer-style layout, it delivers instant insight into current market sentiment — whether it’s bullish, bearish, or neutral — without requiring manual charting work.

This tool brings together leading technical indicators, including RSI, MACD, Stochastic Oscillator, Ichimoku Cloud, and various moving averages. All data is updated in real time, allowing traders to react to price movements as they happen. Whether you’re a short-term trader or a long-term investor, this widget helps streamline decision-making by summarizing multiple signals into a clear, actionable snapshot.

Platinum Derivatives Trading

Platinum is actively traded across multiple global exchanges, with a wide range of derivatives available to institutional and retail investors. The most prominent venue for platinum futures is the New York Mercantile Exchange (NYMEX), which operates under the Chicago Mercantile Exchange (CME) Group umbrella.

The flagship platinum futures contract on NYMEX trades under the ticker symbol PL and is a physically delivered product. Each contract represents 50 troy ounces of platinum. The minimum price fluctuation is $0.10 per ounce, translating to $5 per contract.

Upon contract expiration, physical delivery is made in the form of platinum bars. These bars are weighed with high precision—accurate to 0.001 troy ounces. Delivery can occur in either single or multiple bars, provided that each individual bar weighs at least 10 troy ounces. Platinum purity must be no less than 99.95%, allowing for no more than 0.05% in trace impurities.

Micro Platinum Futures and Trading Hours

In addition to standard platinum contracts, the CME Group also offers micro platinum futures under the ticker PLM. These are designed for traders seeking smaller exposure: each contract represents 10 troy ounces of platinum. The minimum price increment remains $0.10 per ounce, which equals $1.00 per contract. Despite the reduced size, all physical and quality requirements are identical to those of the larger PL contracts.

Trading Schedule on Globex and ClearPort

Platinum futures trade electronically via CME’s Globex and ClearPort platforms from Sunday to Friday. Sessions begin at 5:00 p.m. CT and continue uninterrupted until 4:00 p.m. CT the following day. A one-hour break from 4:00 to 5:00 p.m. Central Time occurs daily. For reference, Central Time is UTC-6 in summer and UTC-5 in winter.

Platinum/Palladium Spread Futures (PPS)

For more advanced strategies, the CME also lists Platinum/Palladium Spread Futures under the ticker PPS. These cash-settled contracts are structured to capture price movements between platinum and palladium. Each PPS contract covers 100 troy ounces, with a minimum tick size of $0.05 per ounce, or $5 per contract.

Platinum Futures Trading on the Tokyo Commodity Exchange (TOCOM)

Japan plays a significant role in the global platinum market through the Tokyo Commodity Exchange (TOCOM), part of the Japan Exchange Group (JPX). TOCOM offers both standard and mini platinum futures contracts, catering to a wide range of market participants.

• Standard contract size: 500 grams
• Mini contract size: 100 grams
• Minimum price fluctuation: 500 yen for standard, 50 yen for mini contracts

In addition to traditional futures, TOCOM also lists Platinum Rolling-Spot Futures—a more flexible alternative for those seeking continuous exposure to platinum prices without a fixed delivery date. These instruments are particularly useful for industrial users or businesses needing to secure physical metal volumes over time without the limitations of standard contract expirations.

Unlike speculative contracts, rolling-spot futures are typically used for inventory planning and hedging long-term procurement, offering a streamlined mechanism to manage exposure to price volatility in the platinum market.

Global Platinum Production and Key Mining Regions

Platinum is a rare and valuable noble metal, highly resistant to corrosion and widely known for its catalytic properties in industrial and chemical processes. Its unique characteristics make it indispensable across various sectors, including automotive, jewelry, and high-tech manufacturing.

Unlike gold, platinum is mined in significantly smaller quantities—only around 6 million ounces are produced globally each year, making it one of the scarcest precious metals on the planet.

The largest share of platinum production comes from the Republic of South Africa, accounting for approximately 70% of global output. Annual production ranges between 110 and 155 metric tons, and the platinum sourced here is among the purest available worldwide.

Other key platinum-producing countries include:

• Russia: Produces an estimated 20–25 metric tons annually. Roughly 75% of this comes from a single company—Norilsk Nickel, which extracts platinum as a byproduct of nickel and copper mining.
• Zimbabwe: Mines between 10 and 15 metric tons per year, led by major producers such as Anglo American Platinum and Impala Platinum Holdings.
• Canada: Yields approximately 5–9 metric tons annually, mostly as a secondary product of nickel extraction.
• United States: Extracts 4–6 metric tons per year, primarily from deposits in Alaska, although production has been gradually declining.

Despite currently trading at a lower price than gold, platinum maintains strong industrial demand. Its critical role in automotive catalytic converters, emerging hydrogen technologies, and clean energy solutions ensures its continued relevance and long-term investment potential.

Platinum Demand and Industrial Applications

The primary driver of global platinum demand is industry, with the automotive sector alone accounting for over 40% of total consumption. Platinum plays a crucial role in the production of catalytic converters, where it helps reduce harmful emissions by accelerating chemical reactions in vehicle exhaust systems.

Beyond the automotive industry, platinum is valued for its remarkable resistance to corrosion and high temperatures, making it ideal for a wide range of high-performance applications, including:

• Chemically resistant laboratory and industrial equipment – such as crucibles and reaction vessels.
• Permanent magnets – used in advanced motors and electronics requiring stable magnetic properties.
• Durable electrical contacts – found in high-reliability switching devices and precision sensors.
• Heating elements – used in glass manufacturing, aerospace, and semiconductor fabrication.
• Microwave and RF components – due to its excellent conductivity and thermal stability.

As industries continue to innovate and transition toward cleaner technologies, platinum’s role in sustainable solutions—such as hydrogen fuel cells and green energy systems—is expected to grow significantly, reinforcing its long-term strategic value.

Industrial, Medical, and Jewelry Applications of Platinum

Platinum’s unique physical and chemical properties make it indispensable across a broad range of industries. In the chemical sector, it serves as a highly effective catalyst in the production of essential compounds such as hydrogen peroxide, nitric acid, perchlorates, and silicones. Its ability to accelerate complex reactions under extreme conditions also makes it vital in oil refining, particularly in catalytic reforming processes used to produce high-octane gasoline.

In aerospace engineering, platinum is used to coat components of jet turbine engines. This coating significantly enhances resistance to heat and corrosion, extending the lifespan of parts operating in aggressive, high-temperature environments.

Platinum also plays a crucial role in the medical field. It is used in the development of chemotherapy drugs for cancer treatment, as well as in dental alloys and surgical instruments due to its biocompatibility and durability.

A more traditional yet still significant use of platinum is in the jewelry industry, where its rarity, purity, and natural white luster make it highly prized for engagement rings and luxury pieces. Additionally, commemorative and investment-grade coins continue to be minted from platinum by national mints around the world, further emphasizing its dual role as both a functional metal and a store of value.

Leading Platinum Mining Companies Worldwide

The global platinum industry is dominated by a handful of major players, most of which operate in Southern Africa — the heart of the world’s platinum reserves. These companies are responsible for the majority of annual global output and play a critical role in both industrial supply chains and commodity markets.

• Anglo American Platinum (South Africa)
  This Johannesburg-based giant, often referred to as “Amplats”, is the world’s largest platinum producer. A subsidiary of Anglo American plc, the company operates extensive mining complexes in the Bushveld Complex and contributes over 35% of the world’s mined platinum supply.
• Impala Platinum Holdings (Implats) (South Africa)
  Headquartered in Johannesburg, Implats operates several mining sites, including the Rustenburg, Marula, and Zimplats operations. It is the second-largest platinum producer globally and a key supplier to the automotive and jewelry industries.
• Sibanye Stillwater (South Africa & USA)
  Initially focused on gold, Sibanye has rapidly expanded into the platinum group metals sector. The company operates in both South Africa and the United States, notably controlling the Stillwater and East Boulder mines in Montana — the only primary platinum sources in North America.
• Norilsk Nickel (Nornickel) (Russia)
  Russia’s mining powerhouse, Nornickel is a major global supplier of palladium and platinum, extracted primarily as by-products from its massive nickel and copper mining operations in Siberia. The company provides around 10% of global platinum output.
• Northam Platinum (South Africa)
  A mid-tier player with growing influence, Northam Platinum operates the Zondereinde and Booysendal mines. The company has focused on increasing production efficiency and expanding its resource base.
• Royal Bafokeng Platinum (RBPlat) (South Africa)
  Partially owned by the Royal Bafokeng Nation, RBPlat is a key emerging player with high-quality assets in the Western Limb of the Bushveld Complex. Its operations are known for their modern infrastructure and strong community engagement.

These companies not only drive the global platinum supply but also shape pricing dynamics, influence environmental standards, and invest in technological innovation across the mining sector.

Platinum Price Today – Live Chart & Futures FAQ 💎📈