Platinum Bullion Coins & Bars
Platinum as an investment
Platinum has a much shorter history in the financial sector than either gold or silver, which were known to ancient civilizations.
Platinum is relatively scarce even among the precious metals. New mine production totals approximately only five million troy ounces (150 metric tons) a year. In contrast, gold mine production runs approximately 82 million ounces (2,550 metric tons) a year and silver production is approximately 547 million ounces (17,000 metric tons). As such, it tends to trade at higher per-unit prices.
Platinum is traded on the New York Mercantile Exchange (NYMEX) and the London Platinum and Palladium Market. To be saleable on most commodity markets, platinum ingots must be assayed and hallmarked in a manner similar to the way gold and silver are.
Currently Available Platinum Products
Base Price: $1,280.63
Base Price: $1,246.28
