Live Platinum Price in Germany

The platinum price is set internationally in US dollars per troy ounce on the NYMEX futures exchange and the London Platinum and Palladium Market (LPPM). This price is converted to Euro at the current EUR/USD exchange rate, then divided by 31.1035 grams to get the price per gram.

Platinum is genuinely rarer than gold by annual global production (about 190 tonnes of platinum versus over 3,000 tonnes of gold), but its price reacts strongly to industrial demand — especially automotive catalytic converters — which fluctuates with the auto industry cycle, unlike gold's more stable safe-haven demand.

The number indicates the fine-platinum content per 1000 parts. 999 (fine platinum) is used for investment bars and coins. 950 (Pt950) is the most common standard for fine jewelry thanks to its hardness and lustre. 900 and 850 are occasionally used in jewelry and some industrial components.

Yes — like silver, platinum is subject to the full 19% VAT when buying new bars or coins, unlike investment gold which is exempt under § 25c UStG. Profits from private sales still remain tax-free after a holding period of more than one year (§ 23 EStG).

Over 40% of global platinum production goes into catalytic converters for diesel engines, alongside jewelry, electronics, and the emerging hydrogen fuel cell industry. Shifts in the auto industry (e.g. toward EVs) or mining disruptions in South Africa (the largest producer) feed directly into the price.

Certified platinum bars and coins (e.g. Platinum Maple Leaf or Platinum Philharmonic) are available from licensed precious-metal dealers or specialized banks. It's always worth comparing the premium (Aufgeld) over spot price and checking the certificate of authenticity before buying.