Platinum Price in 1993
In 1993, the price of platinum averaged $374 per troy ounce, up 3.9% from the year before. This page covers the 1993 average, high, low, and year-end close, the events that moved the market, and what that platinum would be worth in today's dollars.
1993 Average
$374
LBMA annual average, USD/oz
Change vs 1992
+3.9%
from $360 in 1992
What happened to the platinum price in 1993
Platinum averaged $374 per troy ounce in 1993, up 3.9% from $360 the year before.
The 1990s were largely range-bound. Heavy Russian platinum-group sales, the 1997-98 Asian crisis, and subdued investment demand kept platinum mostly between $350 and $430, even as diesel-catalyst demand in Europe began to build.
Adjusted for inflation, platinum's 1993 average of $374 equals about $834 in today's dollars. The conversion uses US Bureau of Labor Statistics CPI-U annual averages, so treat it as a close approximation rather than an exact figure.
Frequently Asked Questions
What was the price of platinum in 1993?
What is a 1993 platinum price worth in today's dollars?
Annual averages are LBMA and Johnson Matthey platinum prices per troy ounce in US dollars. Where shown, the yearly high, low, and close come from MetalCharts daily historical data and may differ slightly from figures published elsewhere. Inflation adjustments use BLS CPI-U annual averages.