FX & Commodity Almanac

ECB fixings to 16 Oct 2026 · World Bank prices to September 2026

Precious metals · World Bank monthly average

What is the Platinum price and how has it changed?

Platinum averaged 1,784 US dollars per troy ounce in September 2026, according to the World Bank Pink Sheet. That is 0.2% above Aug 2026 and 24.3% above Sept 2025, and in the top tenth of all monthly averages since January 2000.

Sept 2026 average
1,784$/troy oz · US dollars per troy ounce
Month on month
▲ +0.2%from 1,780 in Aug 2026
Year on year
▲ +24.3%from 1,435 in Sept 2025
12-month range
1,565–2,434low Nov 2025 · high Jan 2026

The last five years

Platinum, monthly average price, last five yearsPlatinum from 973 $/troy oz in Sept 2021 to 1,784 in Sept 2026; five-year high 2,434 (Jan 2026), low 869 (Jul 2022). 5001,0001,5002,0002,500 20222023202420252026
Monthly averages, Sept 2021 – Sept 2026, $/troy oz. Yellow dot: latest month.

What the record shows

  1. Over five years the price ranged from 869 (Jul 2022) to 2,434 (Jan 2026). Sept 2026 sits 58% of the way from that low to the high.
  2. Since January 2000 the record high is 2,434 (Jan 2026) and the low 430 (Nov 2001). The latest month is higher than 95% of the 321 monthly averages in that span, in nominal dollars (not adjusted for inflation).
  3. The highest full-year average since 2000 was 2011 (1,720); the lowest was 2001 (530).
  4. Annualised volatility of monthly changes over the past five years was 25.7%, higher than the 21.4% for the whole record since 2000. Monthly averages smooth out intra-month swings, so daily markets move more than this.
  5. Five years earlier, in Sept 2021, the average was 973: the price is 83.4% above that level.

Yearly averages

Platinum yearly average, change, high month and low month
YearAveragevs prior yearHighest monthLowest month
2026 9 mo. 1,951 ▲ +52.6% 2,434 Jan 1,622 Jul
2025 1,278 ▲ +33.8% 1,893 Dec 949 Jan
2024 955 ▼ −1.2% 1,015 May 894 Feb
2023 966 ▲ +0.5% 1,063 May 892 Oct
2022 962 ▼ −11.9% 1,049 Feb 869 Jul
2021 1,091 ▲ +23.5% 1,214 May 945 Dec
2020 883 ▲ +2.2% 1,028 Dec 754 Apr
2019 864 ▼ −1.8% 945 Sep 807 Jan
2018 880 ▼ −7.3% 990 Jan 791 Dec
2017 949 ▼ −3.9% 1,008 Feb 907 Dec
2016 987 ▼ −6.3% 1,122 Aug 855 Jan
2015 1,053 ▼ −23.9% 1,242 Jan 860 Dec
2014 1,384 ▼ −6.9% 1,492 Jul 1,208 Nov
2013 1,487 ▼ −4.1% 1,675 Feb 1,356 Dec
2012 1,551 ▼ −9.8% 1,658 Feb 1,426 Jul
2011 1,720 ▲ +6.8% 1,826 Feb 1,455 Dec
2010 1,610 ▲ +33.8% 1,711 Apr 1,520 Feb
2009 1,203 ▼ −23.6% 1,437 Dec 947 Jan
2008 1,574 ▲ +20.6% 2,052 May 840 Nov
2007 1,305 ▲ +14.4% 1,493 Dec 1,147 Jan
2006 1,141 ▲ +27.3% 1,261 May 1,026 Jan

Average = simple mean of the monthly averages published for that year. Rows in italics are incomplete years. Table shows 2006 onward; the charts and statistics use the full record from Jan 2000.

Since January 2000

Platinum, monthly average price since January 2000Platinum monthly averages from Jan 2000 to Sept 2026; highest 2,434 $/troy oz in Jan 2026, lowest 430 in Nov 2001. 05001,0001,5002,0002,500 200020032006200920122015201820212024
Monthly averages, nominal US dollars ($/troy oz).

Largest one-month moves since 2000

MonthFromToMove
Jan 20261,8932,434▲ +28.6%
Jun 20259801,251▲ +27.7%
Feb 20081,5832,000▲ +26.3%
Oct 20081,223913▼ −25.3%
Aug 20081,9041,486▼ −22.0%

What exactly is being priced?

Platinum, 99.95% minimum purity, spot average of daily rates from June 2025; previously London afternoon fixing. The World Bank publishes the series as a monthly average in US dollars per troy ounce ($/troy oz). Benchmark definitions occasionally change, as noted above, so very long comparisons mix slightly different contracts. See commodity price units explained for converting units.

Sources