For the latest shared monthly observation, 2026-08, Gold was 4,411.00 USD per troy-oz and Platinum was 1,780.00 USD per troy-oz. Latest shared monthly release. The chart indexes both series to 100 at their first shared date.
Gold and platinum use the same troy-ounce price basis, but their main market contexts differ. Gold is widely held as bullion and reserves; platinum has important catalyst, jewellery and industrial applications. Gold is commonly associated here with jewellery · investment · central bank reserves; Platinum with catalysts · jewellery · chemical processing.
Choose another pair to open its canonical comparison destination.
61 monthly observations · 2021-08-01 to 2026-08-01 · Starting value = 100
World Bank Pink Sheet. Ratios use aligned prices; yearly figures average monthly observations.
Gold vs Platinum price comparison historical observations
Period
Gold index
Platinum index
2026-08-01
247.11
176.41
2026-07-01
228.18
160.75
2026-06-01
236.86
171.06
2026-05-01
256.97
198.02
2026-04-01
264.48
200.99
2026-03-01
272.04
202.78
2026-02-01
281.23
211.79
2026-01-01
266.27
241.23
2025-12-01
241.40
187.61
2025-11-01
228.96
155.10
2025-10-01
227.34
160.16
2025-09-01
205.49
142.22
2025-08-01
188.68
133.10
2025-07-01
187.11
137.86
2025-06-01
187.84
123.98
2025-05-01
185.38
97.13
2025-04-01
180.28
95.04
2025-03-01
167.11
97.13
2025-02-01
162.18
96.93
2025-01-01
151.82
94.05
2024-12-01
148.35
92.96
2024-11-01
148.52
95.74
2024-10-01
150.70
99.01
2024-09-01
144.03
95.84
Gold and Platinum: the monthly snapshot.
This snapshot uses the latest shared monthly observation and an initial five-year window, shortened when the common archive is smaller. It stays on that labelled basis when you explore another chart range above.
Gold · USD / troy-oz4,411.00
Platinum · USD / troy-oz1,780.00
Shared observation month2026-08
Shared monthly observations61
World Bank Pink Sheet. Monthly averages; not executable transaction quotes.
From 2021-08 to 2026-08, the shared monthly window changed +147.11% for Gold and +76.41% for Platinum. The endpoint difference was 70.70 index points. This describes the selected historical window, not a forecast.
Gold change over this window
+147.11% from 2021-08 to 2026-08.
Platinum change over this window
+76.41% over the same observation dates.
What separates these markets?
Gold
Gold is traded as bullion, investment products and jewellery. Compare like-for-like purity and delivery terms before comparing prices.
Platinum prices reflect demand from catalysts, jewellery and industrial applications. A refined-metal benchmark is different from the value of an unassayed scrap item.
Both source series use USD per troy-oz. Matching units make the nominal figures easier to read together, but Gold and Platinum still have separate specifications and markets.
Market context
Both sit in precious metals, yet their stated uses differ: Gold — Jewellery · Investment · Central bank reserves; Platinum — Catalysts · Jewellery · Chemical processing. A shared category does not make the products substitutes.
Shared history
The overlapping selectable frequencies are daily, monthly and yearly. Daily comparison is offered only when both stored series have daily coverage; otherwise monthly observations provide the common basis.
Key relationships in plain English
These subject–relationship–object facts keep the two commodities, their units and the chart method separate.
Semantic relationships between Gold and Platinum
Subject
Relationship
Object
Why it matters
Gold
is published in
USD per troy-oz
Read gold in its original source unit before converting it.
Platinum
is published in
USD per troy-oz
Read platinum in its original source unit before converting it.
Gold
is used in
Jewellery · Investment · Central bank reserves
These uses provide context for gold demand; they do not explain every price move.
Platinum
is used in
Catalysts · Jewellery · Chemical processing
These uses provide context for platinum demand; they do not explain every price move.
Gold versus Platinum
is aligned on
61 shared monthly observations from 2021-08 through 2026-08
The chart compares matching dates and gives both series a starting index of 100.
Gold as a reference, a material and a finished product
Gold can be compared in several different forms: a fine-metal reference, a bullion bar or coin, and a jewellery item. The number on this page describes the underlying reference series. It does not include the fabrication premium on a small bar or the design and retail costs of jewellery. Start with fine-metal content when comparing those products, then account for the costs of the transaction.
Physical supply and recycling: Mine output and recycled material add supply, while delivery location, bar specification and availability affect a physical offer. A quoted retail premium can move differently from the metal reference.
A precious metal with specification-sensitive uses
Platinum references are useful for comparing broad movements, but refined metal, jewellery and used industrial components are different products. The value of a recovered component depends on how much platinum it contains and how much can be recovered. The reference on this page does not authenticate a product or establish an assay.
Industrial applications: Catalysts and industrial processing are important contexts for platinum demand. A change in one application need not represent demand for every form of the metal.
Interpretation for this pair. Gold and platinum use the same troy-ounce price basis, but their main market contexts differ. Gold is widely held as bullion and reserves; platinum has important catalyst, jewellery and industrial applications. Gold is commonly associated here with jewellery · investment · central bank reserves; Platinum with catalysts · jewellery · chemical processing. The chart uses only dates present in both series and starts each at 100. Missing observations are omitted rather than filled with zero.
When this comparison is useful.
Gold and platinum use the same troy-ounce price basis, but their main market contexts differ. Gold is widely held as bullion and reserves; platinum has important catalyst, jewellery and industrial applications.
Same unit, different products
A common USD-per-troy-ounce unit makes nominal levels readable together. It does not make a gold bar interchangeable with refined platinum or a platinum-bearing industrial component.
Industrial exposure differs
Platinum demand is tied to specification-sensitive industrial applications. Gold has industrial uses too, but bullion and reserve holdings provide a different source of demand.
Use fine content for transactions
Jewellery and recovered material may contain alloys, fittings or other metals. Value the verified fine content and include recovery or product costs rather than applying either reference to gross weight.
Questions about gold and platinum.
What did the shared Gold and Platinum window show?
From 2021-08 to 2026-08, the shared monthly window changed +147.11% for Gold and +76.41% for Platinum. The endpoint difference was 70.70 index points. This describes the selected historical window, not a forecast. Change the chart range to test another starting point; the labelled monthly snapshot keeps its own initial window.
Which Gold and Platinum frequencies overlap?
The overlapping selectable frequencies are daily, monthly and yearly. Daily comparison is offered only when both stored series have daily coverage; otherwise monthly observations provide the common basis.
Can Gold and Platinum price levels be compared directly?
Both source series use USD per troy-oz. Matching units make the nominal figures easier to read together, but Gold and Platinum still have separate specifications and markets. The indexed view answers how each stored reference moved from a shared starting date; it does not calculate a transaction return.
What should I check before comparing Gold and Platinum?
Both sit in precious metals, yet their stated uses differ: Gold — Jewellery · Investment · Central bank reserves; Platinum — Catalysts · Jewellery · Chemical processing. A shared category does not make the products substitutes. Also confirm the observation date, grade or purity, delivery terms and costs that apply to the actual product.