For the latest shared monthly observation, 2026-08, Silver was 65.40 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.
Silver and platinum both combine precious-metal pricing with industrial use, but the applications and product specifications are different. Indexed history is more informative than assuming that two industrially used precious metals should move together. Silver is commonly associated here with solar cells · electronics · bullion; 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.
Silver vs Platinum price comparison historical observations
Period
Silver index
Platinum index
2026-08-01
272.50
176.41
2026-07-01
245.00
160.75
2026-06-01
277.92
171.06
2026-05-01
325.00
198.02
2026-04-01
316.25
200.99
2026-03-01
324.58
202.78
2026-02-01
341.25
211.79
2026-01-01
383.75
241.23
2025-12-01
259.58
187.61
2025-11-01
210.00
155.10
2025-10-01
205.83
160.16
2025-09-01
178.33
142.22
2025-08-01
159.17
133.10
2025-07-01
157.08
137.86
2025-06-01
150.00
123.98
2025-05-01
136.67
97.13
2025-04-01
134.17
95.04
2025-03-01
138.33
97.13
2025-02-01
134.17
96.93
2025-01-01
126.67
94.05
2024-12-01
128.33
92.96
2024-11-01
129.58
95.74
2024-10-01
135.00
99.01
2024-09-01
125.42
95.84
Silver 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.
Silver · USD / troy-oz65.40
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 +172.50% for Silver and +76.41% for Platinum. The endpoint difference was 96.09 index points. This describes the selected historical window, not a forecast.
Silver change over this window
+172.50% from 2021-08 to 2026-08.
Platinum change over this window
+76.41% over the same observation dates.
What separates these markets?
Silver
Silver combines investment demand with industrial uses. A spot reference excludes the fabrication premium, delivery and taxes on physical coins and bars.
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 Silver and Platinum still have separate specifications and markets.
Market context
Both sit in precious metals, yet their stated uses differ: Silver — Solar cells · Electronics · Bullion; 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 Silver and Platinum
Subject
Relationship
Object
Why it matters
Silver
is published in
USD per troy-oz
Read silver 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.
Silver
is used in
Solar cells · Electronics · Bullion
These uses provide context for silver 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.
Silver 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.
Separate silver content from the product premium
Silver price comparisons become more useful when the metal reference and the physical product are kept separate. A coin, a large bar and recovered industrial silver can have different fabrication, distribution and recovery costs. The historical reference provides context; fine weight and an actual offer determine the transaction calculation.
Production and recovered material: Silver supply includes mined and recycled material. Grade, recovery costs and the composition of recovered products matter when valuing scrap.
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.
Jewellery and investment products: Jewellery alloys and bullion products differ in purity and manufacturing costs. Price comparisons should start with the fine-platinum content.
Interpretation for this pair. Silver and platinum both combine precious-metal pricing with industrial use, but the applications and product specifications are different. Indexed history is more informative than assuming that two industrially used precious metals should move together. Silver is commonly associated here with solar cells · electronics · bullion; 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.
Silver and platinum both combine precious-metal pricing with industrial use, but the applications and product specifications are different. Indexed history is more informative than assuming that two industrially used precious metals should move together.
Different industrial channels
Silver appears in electrical, solar and electronics uses. Platinum is used in catalysts and chemical processing. Changes in one application need not affect the other metal.
Product premiums are separate
A retail silver coin premium and the value of refined platinum answer different transaction questions. This chart uses reference series before fabrication, delivery and dealer terms.
Compare matching dates
Both series support daily, monthly and yearly views. Use the same frequency and observation dates; mixing a daily point with a monthly average creates a false comparison.
Questions about silver and platinum.
What did the shared Silver and Platinum window show?
From 2021-08 to 2026-08, the shared monthly window changed +172.50% for Silver and +76.41% for Platinum. The endpoint difference was 96.09 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 Silver 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 Silver 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 Silver 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 Silver and Platinum?
Both sit in precious metals, yet their stated uses differ: Silver — Solar cells · Electronics · Bullion; 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.