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1 Kilo Platinum Bar: frequently asked questions
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The cheapest 1kg platinum bar tracked here costs $55,939.25, currently around 3.5% over the $1,680.00 platinum spot price. The price reflects 1,000 grams of 999.5 fine platinum, so it moves closely with the daily spot rate.
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Generic 1kg platinum bars are refined to 999.5 fineness, meaning 999.5 parts per thousand are pure platinum. This is a high-purity specification used widely in professional bullion markets. Total fine platinum content is 1 Kilo.
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BullionFerret tracks 2 dealers currently listing 1kg platinum bars. Prices vary between dealers, with Baird & Co offering the lowest price at the time of checking. Comparing across all listed dealers helps you find the best deal before purchasing.
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Platinum historically traded above gold for much of the twentieth century, but since around 2015 it has generally been priced below gold. Today platinum spot is $1,680.00 per troy ounce. The relative valuation between the two metals shifts with industrial demand, mine supply, and investor sentiment, so neither premium is fixed.