The platinum price per kilo in EUR can be viewed in the platinum price chart below. View the platinum price in different currencies and weights, by choosing different options above the chart.
Use the platinum price per kilo chart to see what is happening today in the platinum price. You can also see the platinum price per kilo for months and years gone by, up to ten years ago.
It is interesting to talk about the platinum price per kilo but it is an alloy of platinum and iridium that is used as the international standard for measuring a kilo. 40 of the cylindrical kilo weights were made in the 1880s and distributed around the world. The original sits in Washington D.C at the Bureau of International Standards.
Demand for platinum comes from four main sources:
The platinum price per kilo is not just affected by demand, it is also driven by supply. Platinum is 30 times rarer than gold. In fact, it is estimated that there is more platinum on the moon and in meteorites than there is on earth! Over three-quarters of platinum’s mining supply comes from South Africa. This means that the platinum price per kilo is very sensitive to any changes that take place within the country, whether political, environmental or social.
Platinum is classed as a precious metal but unlike gold and silver, it has never had a significant role in the international monetary system. Regardless, it is classed as a safe haven. Some academic studies have found that it acts as a safe haven on the few occasions that gold does not. Data also shows that if you held both platinum and gold in your portfolio over the last thirty years, rather than just gold, then your risk-adjusted returns would have been higher.
Do you want to buy gold or silver in Ireland? If you have any questions, please send us a message via live chat, email, or phone, and one of our specialists will answer.
Gold may not have managed to sustain the record high from the start of the week but it has remained firmly above $2,000. At the time of writing it is trading just below $2,050, a key resistance level. The price has shown very little interest in the usually much anticipated US jobs report, which came […]
When we woke up to see gold had hit an all-time high overnight we knew we needed to take a look at some charts. And who better to do that with than technical analyst Chris Vermuelen of TechnicalTraders.com. GoldCore CEO, Dave Russell took some time this afternoon to speak with Chris about what took the […]
Gold Helps Me Sleep at Night
The King and Queen will be Gold and Silver
Jim Rogers Interview
