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May 01, 2026 - 06:15 AM
Today’s platinum spot price as of 9 AM ET stands at $2,004.10 per ounce, marking a +1.82% gain compared to yesterday’s $1,968.30. Platinum is benefiting from its dual role as both a precious and industrial metal; current WPIC reports point toward a deepening market deficit. Demand is surging as automakers increasingly substitute expensive palladium with platinum, while the growing hydrogen economy continues to find new applications for the metal in fuel cell technology.
