Platinum Price Per Ounce
Platinum Prices Per Ounce - Platinum Price
Gold prices per ounce is a free service offered by Goldpriceoz.com, that shows Current Gold Price(including Bid price, Ask price and Day's fluctuation range) and Gold Price History Charts(London gold fixing price). Gold price per Ounce today is updated once every 1 minute.
Platinum Price Per Ounce
=
950.22 US Dollar
Bid Price: $950.22
Ask Price: $952.05
Day's Range: $950.38 - $954.41
Prices Updated: Dec 17, 2024 at 02:30 NY Time
Platinum Price Per Ounce Charts
Platinum Price Per Ounce in US Dollar
| Ounce | US Dollar | US Dollar | Ounce |
|---|---|---|---|
| 1 Ounce = | 950.22 USD | 1 USD = | 0.00105 Ounce |
| 2 Ounce = | 1900.45 USD | 2 USD = | 0.0021 Ounce |
| 5 Ounce = | 4751.12 USD | 5 USD = | 0.00526 Ounce |
| 10 Ounce = | 9502.25 USD | 10 USD = | 0.01052 Ounce |
| 20 Ounce = | 19004.5 USD | 20 USD = | 0.02105 Ounce |
| 25 Ounce = | 23755.62 USD | 25 USD = | 0.02631 Ounce |
| 50 Ounce = | 47511.24 USD | 50 USD = | 0.05262 Ounce |
| 100 Ounce = | 95022.48 USD | 100 USD = | 0.10524 Ounce |
| 1000 Ounce = | 950224.76 USD | 1000 USD = | 1.05238 Ounce |
Troy Ounce VS Avoirdupois Ounce
Troy ounce - a mass unit for gold
Troy ounce (abbreviated t oz) is a mass unit of troy weight system. It is commonly used for measurement of gold and other precious metals. 1 troy ounce is equal to 31.1034768 grams, or 1/12 per troy pound. In fact, the London gold fixing prices are fixed based on the unit of troy ounce; therefore, the gold prices of this website use the unit of troy ounce.
Ounce - a mass unit, not for gold
The avoirdupois ounce is commonly used as a unit of mass in the United States. It is defined as 1/16 of an avoirdupois pound, equal to 28.349523125 grams.
The difference between troy ounce and avoirdupois ounce
As far as converting to gram, it is obviously that the troy ounce is heavier than the avoirdupois ounce. Equivalence between the two units is 1 troy ounce = 1.09714286 avoirdupois ounces. Additional, troy ounce is used for measuring precious metals and gemstones, whereas, avoirdupois ounce is used in measurement of daily life.