U.S. stocks have climbed to record heights, but platinum’s rise — on the back of a global supply shortage of the metal since ...

A troy ounce is a specialized unit of weight used primarily for measuring precious metals such as gold, silver, platinum, and palladium.Weighing 31.1035 grams, it is slightly heavier than the ...

Currently, platinum trades at $908.80 per ounce, as of 9 a.m., compared to gold, which trades at $2,024.97 per ounce. Year to date, platinum prices are down by 7.99% and gold prices are down by 2.00%.

As of January 2025, the spot price of platinum is approximately $977 per troy ounce. The value of a platinum bar depends on its weight and the current market price.

One troy ounce is equal to 1.097 standard ounces, making it around 10% heavier. The name dates back to the 16th-century French town of Troyes, which was an important trade center that standardized ...

South Africa leads with 3.86 million troy ounces mined in 2023, followed distantly by Russia with 739,000 troy ounces and Zimbabwe with 611,000 troy ounces, while the U.S. contributed a modest ...

Gold bars weighing 400 troy ounces are now valued at $1 million after the price of the precious ... Spot silver rose 1.3% to $29.87 per ounce, platinum gained 1.2% to $964.55 and palladium was up ...

"We expect Silver to end the year at $37 per troy ounce, Platinum at $1,250 per troy ounce and Palladium at $1,100 per troy ounce. Previous forecasts were $34 for Silver and $1,000 for both ...