IDC Coin and Bullion
Prices are fetched automatically and may not reflect current merchant prices. Currency conversions and tax treatment are approximate. Rankings are based solely on price. We are not a dealer and accept no responsibility for transactions with listed merchants. Past performance is not indicative of future results. This site does not provide investment advice. Full disclaimer
5g Platinum Bar: frequently asked questions
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The cheapest 5g platinum bar on this page is currently $336.14 from IDC Coin and Bullion, around 19.1% over the $1,755.00 platinum spot price. These bars are 999.5 fine platinum, which meets the investment-grade purity threshold in most markets. As a small-format entry bar, the premium over spot per gram tends to be higher than on larger platinum bars.
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IDC Coin and Bullion is currently showing the lowest price at $336.14, based on 3 dealers tracked on this page. Use the comparison table above to check live prices across all dealers, as platinum premiums can vary noticeably between retailers even on small bars.
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Platinum is significantly rarer than gold in the earth's crust, and annual mine production is considerably lower. Platinum mining is also geographically concentrated in a small number of countries. Despite this rarity, platinum has historically traded below gold in price, reflecting differences in industrial demand patterns and investor appetite.