Track the latest insights on platinum price trend and forecast with detailed analysis of regional fluctuations and market dynamics across North America, Latin America, Central Europe, Western Europe, Eastern Europe, Middle East, North Africa, West Africa, Central and Southern Africa, Central Asia, Southeast Asia, South Asia, East Asia, and Oceania.
Get real-time access to monthly/quaterly/yearly prices, Request Sample
During the second quarter of 2025, platinum prices in the USA reached 1,380 USD/oz in June. In the United States, platinum prices in Q2 2025 experienced mild fluctuations, primarily influenced by global mining supply trends and shifts in investment sentiment. The automotive and industrial sectors maintained steady demand, particularly for catalytic converters, while cautious investor behavior limited speculative price spikes. Exchange rate variations also played a role in shaping market movements.
During the second quarter of 2025, platinum prices in China reached 1,456 USD/oz in June. Platinum prices in China remained relatively stable with minor volatility. Demand from the automotive and electronics sectors continued to underpin market support. However, slower economic growth and cautious industrial procurement contributed to restrained market momentum. Import dynamics and currency fluctuations also impacted local pricing. Despite these factors, China’s platinum prices maintained a consistent trajectory, aligned with global supply patterns and industrial activity.
During the second quarter of 2025, platinum prices in Germany reached 1,467 USD/oz in June. In Germany, platinum prices followed a steady trend throughout the second quarter of 2025. Demand from the automotive sector, particularly for emission control technologies, provided consistent support. However, subdued growth in the broader manufacturing sector prevented aggressive price movement.
During the second quarter of 2025, platinum prices in Canada reached 2,023 USD/oz in June. Canada’s platinum prices in Q2 2025 reflected global market trends, with prices holding steady amid stable demand from industrial users and the mining sector. The country’s involvement in both production and downstream applications kept pricing moderately firm. External market conditions, including global mining output and shifts in investment, added minor volatility, but the local market remained resilient.
During the second quarter of 2025, platinum prices in France reached 1,409 USD/oz in June. Platinum prices in France during Q2 2025 remained largely stable, supported by sustained demand from the automotive and chemical industries. While the market witnessed some fluctuations due to international supply changes and currency variations, domestic consumption patterns provided a cushioning effect. Overall, the pricing environment reflected stability with no major disruptions during the quarter.
The price of the platinum in USA reached 995 USD/Troy Ounce (H2 2023 Avg Price).
The report provides a detailed analysis of the market across different regions, each with unique pricing dynamics influenced by localized market conditions, supply chain intricacies, and geopolitical factors. This includes price trends, price forecast and supply and demand trends for each region, along with spot prices by major ports. The report also provides coverage of FOB and CIF prices, as well as the key factors influencing the platinum prices.
The report offers a holistic view of the global platinum pricing trends in the form of platinum price charts, reflecting the worldwide interplay of supply-demand balances, international trade policies, and overarching economic factors that shape the market on a macro level. This comprehensive analysis not only highlights current price levels but also provides insights into historical price of platinum, enabling stakeholders to understand past fluctuations and their underlying causes. The report also delves into price forecast models, projecting future price movements based on a variety of indicators such as expected changes in supply chain dynamics, anticipated policy shifts, and emerging market trends. By examining these factors, the report equips industry participants with the necessary tools to make informed strategic decisions, manage risks, and capitalize on market opportunities. Furthermore, it includes a detailed platinum demand analysis, breaking down regional variations and identifying key drivers specific to each geographic market, thus offering a nuanced understanding of the global pricing landscape.
Q2 2025:
In Europe, platinum prices demonstrated a firm upward trajectory during the second quarter of 2025. The market experienced price increases, largely influenced by global supply constraints from key mining regions such as South Africa, where operational disruptions persisted. European demand for platinum in the automotive sector contributed to stable consumption levels. Additionally, investment interest in platinum Exchange-Traded Funds and industrial applications, including chemical processing and electronics, supported the regional market.
H2 2023:
Europe's platinum pricing trends are deeply affected by its stringent environmental regulations and the push towards sustainable and recycled materials. The automotive and aerospace industries in Europe, which demand high-quality specialty metals, further complicate the pricing landscape. Energy costs and the availability of renewable energy sources also significantly influence platinum production costs. Additionally, the region's dependency on platinum imports, coupled with fluctuating currency values, adds another layer of complexity to understanding price trends in this market.
Detailed price information for platinum can also be provided for an extensive list of European countries.
Region | Countries Covered |
---|---|
Europe | Germany, France, United Kingdom, Italy, Spain, Russia, Turkey, Netherlands, Poland, Sweden, Belgium, Austria, Ireland, Switzerland, Norway, Denmark, Romania, Finland, Czech Republic, Portugal, and Greece, among other European countries. |
Q2 2025:
In North America, platinum prices in Q2 2025 exhibited mild fluctuations, largely influenced by shifts in the global precious metals market and evolving demand in the automotive sector. The region’s use of platinum in catalytic converters, particularly for hybrid vehicles, contributed to steady industrial consumption. Supply conditions remained stable, but external factors, including exchange rate movements and global mining trends, continued to influence pricing. Overall, the North American market reflected balanced supply-demand fundamentals with moderate pricing adjustments.
H2 2023:
In North America, platinum prices are closely tied to technological advancements in extraction and processing techniques, which aim to reduce costs and enhance efficiency. The region's emphasis on defense and technology sectors, which require precise and high-grade metals, drives demand variability. Furthermore, trade policies, particularly those involving major trade partners like Canada and Mexico, heavily influence platinum supply chains and pricing structures. The shift towards green energy and electric vehicles in North America also affects demand patterns for metals.
Specific platinum historical data within the United States and Canada can also be provided.
Region | Countries Covered |
---|---|
North America | United States and Canada |
Q2 2025:
The report explores the platinum trends and platinum price chart in the Middle East and Africa, considering factors like regional industrial growth, the availability of natural resources, and geopolitical tensions that uniquely influence market prices.
H2 2023:
The platinum pricing trends in the Middle East and Africa are increasingly impacted by infrastructural developments and investments in the construction and transportation sectors. The region’s political climate and its effect on operational stability and security are also crucial in determining price trends. Additionally, the Middle East's strategic initiatives to diversify away from oil dependency and invest in mining and metal production capabilities are reshaping its market dynamics. In Africa, the availability of resources combined with foreign investment in mining projects heavily influences local and global platinum supply and prices.
Region-wise data and information on specific countries within these regions can also be provided.
Region | Countries Covered |
---|---|
Middle East & Africa | Saudi Arabia, UAE, Israel, Iran, South Africa, Nigeria, Oman, Kuwait, Qatar, Iraq, Egypt, Algeria, and Morocco, among other Middle Eastern and African countries. |
Q2 2025:
In the Asia Pacific region, platinum prices in Q2 2025 exhibited a relatively stable trend with occasional fluctuations. The automotive sector, particularly the production of catalytic converters, continued to drive steady demand, supporting regional price stability. However, sluggish growth in China’s manufacturing sector and cautious purchasing behavior among industrial consumers moderated any significant price surges. Additionally, fluctuations in exchange rates and shifts in global mining output affected regional market sentiment.
H2 2023:
In the Asia Pacific region, platinum pricing dynamics are significantly influenced by robust industrial growth and expanding manufacturing sectors, particularly in China and India. The region's high demand for metals is driven by its active construction industry and increasing investments in infrastructure projects. However, supply disruptions due to geopolitical tensions and regulatory changes in mining practices also play a critical role in shaping price fluctuations. Additionally, trade policies and import-export tariffs continue to impact the cost structures and availability of platinum, making the Asia Pacific market a complex environment for price trend analysis.
This platinum price analysis can be expanded to include a comprehensive list of countries within the region.
Region | Countries Covered |
---|---|
Asia Pacific | China, India, Indonesia, Pakistan, Bangladesh, Japan, Philippines, Vietnam, Thailand, South Korea, Malaysia, Nepal, Taiwan, Sri Lanka, Hongkong, Singapore, Australia, and New Zealand, among other Asian countries. |
Q2 2025:
Latin America's platinum market is predominantly influenced by its rich natural reserves, particularly in countries like Chile and Brazil. However, political instability and inconsistent regulatory frameworks can lead to significant volatility in platinum prices. Infrastructure challenges and logistical inefficiencies often impact the supply chain, affecting the region's ability to meet international demand consistently. Moreover, platinum index, economic fluctuations, and currency devaluation are critical factors that need to be considered when analyzing platinum pricing trends in this region.
H2 2023:
Latin America's platinum market is predominantly influenced by its rich natural reserves, particularly in countries like Chile and Brazil. However, political instability and inconsistent regulatory frameworks can lead to significant volatility in platinum prices. Infrastructure challenges and logistical inefficiencies often impact the supply chain, affecting the region's ability to meet international demand consistently. Moreover, economic fluctuations and currency devaluation are critical factors that need to be considered when analyzing platinum pricing trends in this region.
This comprehensive review can be extended to include specific countries within Latin America.
Region | Countries Covered |
---|---|
Latin America | Brazil, Mexico, Argentina, Columbia, Chile, Ecuador, and Peru, among other Latin American countries. |
IMARC's latest publication, “Platinum Prices, Trend, Chart, Demand, Market Analysis, News, Historical and Forecast Data Report 2025 Edition,” presents a detailed examination of the platinum market, providing insights into both global and regional trends that are shaping prices. This report delves into the spot price of platinum at major ports and analyzes the composition of prices, including FOB and CIF terms. It also presents a detailed platinum price trend analysis by region, covering North America, Europe, Asia Pacific, Latin America, and Middle East and Africa. The factors affecting platinum pricing, such as the dynamics of supply and demand, geopolitical influences, and sector-specific developments, are thoroughly explored. This comprehensive report helps stakeholders stay informed with the latest market news, regulatory updates, and technological progress, facilitating informed strategic decision-making and forecasting.
The global platinum market size reached 187.38 Tons in 2024. By 2033, IMARC Group expects the market to reach 269.00 Tons, at a projected CAGR of 3.90% during 2025-2033.
The report covers the latest developments, updates, and trends impacting the global platinum market, providing stakeholders with timely and relevant information. This segment covers a wide array of news items, including the inauguration of new production facilities, technological innovations, strategic market expansions by key industry players, and significant mergers and acquisitions that impact the platinum price trend.
Latest developments in the platinum industry:
Platinum is a precious metal that is dense, malleable, and unreactive, with a shiny silver-white color. It is obtained through mining and then goes through refining techniques, such as froth flotation and smelting to reach its pure state. It is available in several forms, including pure platinum and platinum alloys, which are used according to the specific requirements of its applications.
Platinum shows strong resistance to corrosion, even when exposed to high temperatures, and remains stable in harsh conditions. It serves as a great catalyst, quickening chemical reactions without being used up or changed in the process. It is a secure investment and a hedge against inflation or economic instability because of its rarity and high demand. It is commonly used in jewelry settings for diamonds and other precious stones because of its shiny look and strong resistance to tarnish.
Key Attributes | Details |
---|---|
Product Name | Platinum |
Report Features | Exploration of Historical Trends and Market Outlook, Industry Demand, Industry Supply, Gap Analysis, Challenges, Platinum Price Analysis, and Segment-Wise Assessment. |
Currency/Units | US$ (Data can also be provided in local currency) or Metric Tons |
Region/Countries Covered | The current coverage includes analysis at the global and regional levels only. Based on your requirements, we can also customize the report and provide specific information for the following countries: Asia Pacific: China, India, Indonesia, Pakistan, Bangladesh, Japan, Philippines, Vietnam, Thailand, South Korea, Malaysia, Nepal, Taiwan, Sri Lanka, Hongkong, Singapore, Australia, and New Zealand* Europe: Germany, France, United Kingdom, Italy, Spain, Russia, Turkey, Netherlands, Poland, Sweden, Belgium, Austria, Ireland, Switzerland, Norway, Denmark, Romania, Finland, Czech Republic, Portugal and Greece* North America: United States and Canada Latin America: Brazil, Mexico, Argentina, Columbia, Chile, Ecuador, and Peru* Middle East & Africa: Saudi Arabia, UAE, Israel, Iran, South Africa, Nigeria, Oman, Kuwait, Qatar, Iraq, Egypt, Algeria, and Morocco* *The list of countries presented is not exhaustive. Information on additional countries can be provided if required by the client. |
Information Covered for Key Suppliers |
|
Customization Scope | The report can be customized as per the requirements of the customer |
Report Price and Purchase Option |
Plan A: Monthly Updates - Annual Subscription
Plan B: Quarterly Updates - Annual Subscription
Plan C: Biannually Updates - Annual Subscription
|
Post-Sale Analyst Support | 360-degree analyst support after report delivery |
Delivery Format | PDF and Excel through email (We can also provide the editable version of the report in PPT/Word format on special request) |
Key Benefits for Stakeholders:
IMARC offers trustworthy, data-centric insights into commodity pricing and evolving market trends, enabling businesses to make well-informed decisions in areas such as procurement, strategic planning, and investments. With in-depth knowledge spanning more than 1000 commodities and a vast global presence in over 150 countries, we provide tailored, actionable intelligence designed to meet the specific needs of diverse industries and markets.
1000
+Commodities
150
+Countries Covered
3000
+Clients
20
+Industry
IMARC delivers precise commodity pricing insights using proven methodologies and a wealth of data to support strategic decision-making.
Our extensive databases provide detailed commodity pricing, import-export trade statistics, and shipment-level tracking for comprehensive market analysis.
Through direct supplier surveys and expert interviews, we gather real-time market data to enhance pricing accuracy and trend forecasting.
We analyze industry reports, trade publications, and market studies to offer tailored intelligence and actionable commodity market insights.
Trusted by 3000+ industry leaders worldwide to drive data-backed decisions. From global manufacturers to government agencies, our clients rely on us for accurate pricing, deep market intelligence, and forward-looking insights.