Platinum Price in 2013
In 2013, the price of platinum averaged $1,487 per troy ounce, down 4.2% from the year before. This page covers the 2013 average, high, low, and year-end close, the events that moved the market, and what that platinum would be worth in today's dollars.
2013 Average
$1,487
LBMA annual average, USD/oz
Change vs 2012
-4.2%
from $1,552 in 2012
2013 High
$1,742
from daily trading data
2013 Low
$1,294
from daily trading data
Year-End Close
$1,374
last trading day of 2013
What happened to the platinum price in 2013
Platinum averaged $1,487 per troy ounce in 2013, down 4.2% from $1,552 the year before. Daily trading data shows platinum moved between a low of $1,294 and a high of $1,742 during the year, ending 2013 at $1,374.
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 2013 average of $1,487 equals about $2,057 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 2013?
What is a 2013 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.