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| Product | /oz | Premium | Price | |
|---|---|---|---|---|
|
2O
|
$1,738.40 | +3.54% | $3,476.80 | View Deal |
|
2O
|
$1,740.50 | +3.72% | $3,481.00 | View Deal |
|
2O
|
$1,745.00 | +3.93% | $3,490.00 | View Deal |
|
2
|
$1,747.70 | +4.09% | $3,495.40 | View Deal |
|
2
|
$1,753.80 | +4.52% | $3,507.60 | View Deal |
|
2O
|
$1,749.40 | +4.75% | $3,498.80 | View Deal |
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2 oz Platinum Bar: frequently asked questions
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A 2oz platinum bar weighs 2 oz (62.207g) and is refined to 999.5 fine platinum. These bars are generically branded, meaning they are produced by various refiners rather than a single named mint. Each bar typically comes with an assay card confirming its weight and purity.
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Platinum's price is driven substantially by industrial demand, particularly from the automotive sector for catalytic converters. As demand from that sector has shifted, platinum has lost one of its key price supports. Gold, by contrast, draws investment and central-bank demand that supports its price more independently of industrial cycles. Platinum historically traded above gold but has fallen below it in recent years for these structural reasons.
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Platinum has a smaller secondary market than gold or silver. Fewer dealers offer buyback on platinum, and bid-ask spreads tend to be wider. This does not mean it cannot be sold, but buyers should expect fewer outlets and potentially less competitive buyback prices compared with gold. Sticking to well-known bar brands can help with resale, as dealers and refiners are more familiar with them.