Where to Buy Platinum
Live platinum spot price with product links from trusted online dealers. Compare platinum coins and bars from sovereign mints and LBMA refiners.
Interactive Chart
Price Chart
Shop Platinum Online
1 oz Platinum Eagle1 oz · CoinCheck Price
1 oz Platinum Maple Leaf1 oz · CoinCheck Price
1 oz PAMP Suisse Platinum Bar1 oz · BarCheck Price
10 oz Platinum Bar10 oz · BarCheck Price
1 oz Platinum Philharmonic1 oz · CoinCheck Price
1 oz Platinum Britannia1 oz · CoinCheck Price
Why Buy Platinum?
Platinum is 30 times rarer than gold, yet frequently trades at a discount. This pricing anomaly attracts investors seeking undervalued assets with strong fundamentals. Platinum also has robust industrial demand from catalytic converters, hydrogen fuel cells, and fine jewelry.
Supply is highly concentrated, with South Africa producing over 70% of global output. This geographic concentration creates recurring supply disruption risk that supports prices during geopolitical instability.
Rarity: Annual platinum mining production is roughly 1/15th of gold. Supply concentration in South Africa creates persistent supply risk
Below-gold pricing: Platinum traded above gold for decades until 2014. The current discount represents a historically unusual price relationship
Industrial demand: Diesel catalytic converters, hydrogen fuel cell technology, and jewelry manufacturing drive consumption
Portfolio diversifier: Platinum has low correlation with gold and silver, adding genuine diversification to a precious metals portfolio
Platinum Coins vs. Bars
The platinum bullion market is smaller than gold or silver, so product selection is more limited. Premiums run proportionally higher because of lower production volumes and fewer competing products.
Despite the smaller market, several high-quality sovereign coins and LBMA-accredited bars provide reliable investment options.
Platinum coins: American Platinum Eagles (US Mint), Canadian Platinum Maple Leafs, and Austrian Philharmonics are the main sovereign options. Premiums run 5-10% over spot
Platinum bars: 1 oz and 10 oz bars from PAMP Suisse, Valcambi, and other LBMA-accredited refiners. Premiums are lower than coins, running 3-6% over spot
Coins vs bars: 1 oz platinum coins offer higher liquidity and recognition at resale. Bars carry lower premiums per ounce but sell slower in the smaller platinum market
What to Look for When Buying Platinum
Platinum is denser and harder than gold, making it more expensive to mint and fabricate. These factors directly affect pricing and product availability:
Purity: Investment-grade platinum is .9995 fine. All major sovereign coins and LBMA bars meet this standard
Recognized products: Stick with sovereign mint coins or LBMA-accredited bars. They are universally accepted and sell at the strongest buyback prices
Premium comparison: Platinum premiums exceed gold premiums due to lower production volumes. Compare across multiple dealers to find the best price
Authentication: Buy from established dealers who test and guarantee their products. Platinum's high density makes counterfeiting difficult, but purchasing from reputable sources eliminates any risk
Storage and Resale
Platinum is extremely dense: a 1 oz platinum coin is noticeably smaller and heavier than a 1 oz gold coin. This compact size makes storage simple, but resale requires planning due to lower market liquidity.
Establish a relationship with a dealer who buys platinum before you need to sell, so you have a ready outlet.
Storage: Platinum does not tarnish or corrode. Store in capsules or tubes to prevent scratching. A home safe or bank deposit box handles typical holdings easily
Resale: Platinum is less liquid than gold or silver. Sell back to established online dealers for the strongest prices. Local coin shops offer lower buyback prices due to less demand
Timing: The platinum market is smaller and more volatile than gold. Factor your holding period and exit strategy into your purchase decision
Published by MetalCharts, a free precious metals resource providing real-time prices, dealer comparisons, and buying guides for gold, silver, platinum, palladium, and copper.
Explore MetalCharts
Free tools and data for precious metals investors
Live DashboardReal-time prices for 13+ metalsAdvanced ChartsInteractive charts with indicatorsPortfolio TrackerTrack your holdings & P/LMelt CalculatorCalculate scrap metal valueCompare MetalsSide-by-side price comparisonsMarket NewsLatest precious metals news
Open full dashboardQuick Links
Frequently Asked Questions
Where is the best place to buy platinum online?
Reputable online dealers like Kitco carry platinum coins and bars at competitive premiums with insured shipping and transparent pricing. Compare premiums across dealers, and look for a wide selection of products from recognized sovereign mints and LBMA-accredited refiners.
Is platinum a good investment?
Platinum is 30x rarer than gold with strong industrial demand from catalytic converters and hydrogen fuel cells. It currently trades below gold, a historically unusual relationship that represents a potential value opportunity. The tradeoff is lower liquidity compared to gold or silver.
Why is platinum cheaper than gold?
Platinum has traded below gold since 2014. The primary drivers are reduced diesel vehicle production (cutting catalytic converter demand), weaker investment demand compared to gold, and heavy supply concentration in South Africa. Many analysts view current platinum pricing as undervalued relative to its rarity.
What forms of platinum can I buy?
The most common options are 1 oz platinum coins (American Eagles, Maple Leafs, Philharmonics) and platinum bars (1 oz and 10 oz from LBMA refiners). Coins carry slightly higher premiums but sell faster. Bars offer lower premiums per ounce for cost-focused buyers.