Answer
Feb 05, 2026 - 06:27 AM
The spot price for platinum at 9 AM ET is $2,017.00 per ounce, a 13.09% decline from yesterday’s mark of $2,320.80. While platinum has seen gains over the past year on par with 2008 levels, it remains highly susceptible to shifts in industrial demand. Today's drop reflects a broader commodity retreat as global tensions show signs of easing in certain sectors, leading to profit-taking by institutional holders.
