1/2 oz Platinum Bar

1/2 oz Platinum Bar: frequently asked questions

How much does a 1/2 oz platinum bar cost?

The cheapest 1/2 oz platinum bar tracked on this page is $952.31, about 13.3% over the $1,680.00 platinum spot price. The bar contains 1/2 oz of 999.5 fine platinum. Fractional bars typically carry higher premiums per ounce than 1oz or larger bars because fixed production and assay costs are spread across less metal.

Is platinum currently cheaper than gold?

Platinum has traded below gold in recent years, a reversal from its historical premium over gold. The shift is largely structural: platinum demand is tied heavily to industrial use, including catalytic converters, while gold draws broader investment demand. The relationship can shift; platinum has historically traded above gold during periods of strong industrial demand.

What is the difference between a cast and a minted platinum bar?

Cast bars are made by pouring molten platinum into a mould and are generally less refined in finish. Minted bars are cut from rolled sheet stock and pressed with a die, giving sharper edges and a smoother surface. Minted bars typically carry a slightly higher premium due to the additional production steps. Both contain the same platinum content at the stated purity.

Is platinum bullion subject to tax?

Tax treatment varies by country. In the UK, platinum carries 20% VAT and gains are subject to CGT at 18% or 24% depending on your income, with a £3,000 annual allowance. In Canada, investment-grade platinum is GST-free at 0%, though 50% of any capital gain is taxable. US investors pay no federal sales tax in most states, and long-term gains on platinum are taxed as collectibles at up to 28%.