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Feb 04, 2026 - 06:42 AM
Today’s platinum spot price is $2,320.80 per ounce as of February 4, 2026, at 9 AM ET. This represents a healthy 3.31% rise from yesterday’s mark of $2,246.50.
Platinum's upward momentum on February 4, 2026, is being supported by supply-side concerns in South Africa and a general rotation into "hard assets" as the U.S. dollar softens. With the market moving into a risk-off posture due to geopolitical uncertainty, platinum is reclaiming its role as a key hedge.