IDC Coin and Bullion
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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 $319.99 from IDC Coin and Bullion, around 20.3% over the $1,654.00 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 $319.99, based on 2 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.