See the chart below to view the platinum price last year. You can look at the platinum price in GBP per Kilo, or change the dropdown options to see the platinum price chart for USD, EUR, AUD and different weights.
The platinum price last year is always interesting to view. If you wish to look at the platinum price last year in order to spot any trends in the price or perhaps to see when is a good time to buy, then you might also be interested in viewing the platinum price for other time frames. Simply select the time period of your choice, using the menu options above the chart.
You can adjust the chart for the platinum price last year to instead enable you to keep track of the price of platinum in real time for up-to-date information. We always have a current pricing per ounce accessible. A variety of factors influence its price, with supply being one of the most crucial. As it is so rare, platinum supply has a substantial impact on the price per ounce.
Platinum is 30 times rarer than gold. It is believed that there is more gold in outer space, on the moon and meteorites, than there is here on earth. The platinum that was straightforward to mine has been removed, as has been the case with many natural resources. The remaining platinum has a higher cost of extraction in terms of both money and the environment. These more difficult-to-reach resources enhance mining costs, which could lead to higher platinum prices in the future.
Whilst the platinum price last year might show some trends, it is also worth looking at industrial information to give you an idea of future demand trends. For example, as platinum is so widely used in catalytic converters you might spot future demand if there is an uptick in expected car production for the next five years.
Are you looking to buy gold or buy silver in UK? If you have any questions, please contact us by live chat, email, or phone.
The gold price recently experienced its most significant intraday loss in nearly two years, prompting questions about its trajectory and its status as an investment. In this video, we delve into the reasons behind the drop and whether gold remains a viable investment option. Despite the recent pullback, we maintain our bullish outlook on gold. […]
Yesterday the gold price had a bad day, falling by more than 2%. Is this indicative of things to come? We don’t think so. Whilst we may well see some additional pullback, we don’t expect this to be the end of the gold price rally. Currently, gold is stuck between a rock and a hard […]
Five Steps to Protect Your Portfolio with Physical Gold
Jim Rogers and his Survival Plan for the coming Debt Collapse
Gold Helps Me Sleep at Night
