Platinum Price in 2010

In 2010, the price of platinum averaged $1,610 per troy ounce, up 33.6% from the year before. This page covers the 2010 average, high, low, and year-end close, the events that moved the market, and what that platinum would be worth in today's dollars.

2010 Average

$1,610

LBMA annual average, USD/oz

Change vs 2009

+33.6%

from $1,205 in 2009

2010 High

$1,810

from daily trading data

2010 Low

$1,447

from daily trading data

Year-End Close

$1,708

last trading day of 2010

What happened to the platinum price in 2010

Platinum averaged $1,610 per troy ounce in 2010, climbing 33.6% from the $1,205 average of 2009. Daily trading data shows platinum moved between a low of $1,447 and a high of $1,810 during the year, ending 2010 at $1,708. The defining story of 2010: Auto recovery; investment demand.

The 2010s were a lost decade for platinum. A brief post-crisis recovery gave way to structural decline after Volkswagen's 2015 Dieselgate scandal accelerated Europe's move away from diesel, platinum's single largest source of demand, pushing the metal into a persistent discount to gold.

Adjusted for inflation, platinum's 2010 average of $1,610 equals about $2,379 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 2010?

Platinum averaged $1,610 per troy ounce in 2010, based on LBMA annual average data. Daily prices ranged from a low of $1,447 to a high of $1,810, and the year closed at $1,708. That average was up 33.6% from $1,205 in 2009.

What is a 2010 platinum price worth in today's dollars?

Adjusted with the US Consumer Price Index, platinum's 2010 average of $1,610 works out to roughly $2,379 in today's dollars, using 2025 as the CPI base year. The conversion uses BLS CPI-U annual averages, so treat it as a close approximation rather than an exact figure.

What moved the platinum price in 2010?

The defining story of 2010: Auto recovery; investment demand. Against that backdrop, the annual average climbed 33.6%, from $1,205 in 2009 to $1,610.

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.