Langue / Language
CHF 50.66
/gram · 950‰
CHF 37.73
/gram · raw metal
The platinum price (XPT) and palladium price (XPD) are shown on GoldPrice24 in CHF/gram, converted in real time from the LBMA fixing in USD per troy ounce. Both platinum group metals (PGM) are used in watchmaking, fine jewelry, and massively in automotive catalysts.
Platinum is naturally rarer than gold and was long priced above it. Today it often trades below, offering an opportunity for long-term investors. In Switzerland, platinum coins and bars are subject to 8.1% VAT.
Over 80% of global palladium is used in catalytic converters for gasoline vehicles. It is one of the most volatile metals: its price can double or triple in a few years, as happened between 2016 and 2022. Swiss jewelers also use it as a white alloy metal.