Answer
Feb 23, 2026 - 06:08 AM
At 9:00 AM ET today, the spot price for platinum is $2,153.50 per ounce. This reflects a 1.07% increase from Friday’s close of $2,130.60. Platinum's climb is supported by supply concerns out of South Africa and its increasing role as a more affordable alternative for investors who feel "priced out" by gold's recent historic run above the $5,100 level.
