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Platinum Price in 2015

In 2015, the price of platinum averaged $1,053 per troy ounce, down 24.0% from the year before. This page covers the 2015 average, high, low, and year-end close, the events that moved the market, and what that platinum would be worth in today's dollars.

2015 Average

$1,053

LBMA annual average, USD/oz

Change vs 2014

-24.0%

from $1,385 in 2014

2015 High

$1,289

from daily trading data

2015 Low

$825

from daily trading data

Year-End Close

$892

last trading day of 2015

What happened to the platinum price in 2015

Platinum averaged $1,053 per troy ounce in 2015, sliding 24.0% from the $1,385 average of 2014. Daily trading data shows platinum moved between a low of $825 and a high of $1,289 during the year, ending 2015 at $892. The notable development of 2015: Dieselgate scandal hits platinum 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 2015 average of $1,053 equals about $1,432 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 2015?
Platinum averaged $1,053 per troy ounce in 2015, based on LBMA annual average data. Daily prices ranged from a low of $825 to a high of $1,289, and the year closed at $892. That average was down 24.0% from $1,385 in 2014.
What is a 2015 platinum price worth in today's dollars?
Adjusted with the US Consumer Price Index, platinum's 2015 average of $1,053 works out to roughly $1,432 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 2015?
The defining story of 2015: Dieselgate scandal hits platinum demand. Against that backdrop, the annual average fell 24.0%, from $1,385 in 2014 to $1,053.

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.