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
=
1001 US Dollar
Bid Price: $1001
Ask Price: $1003.5
Day's Range: $982.08 - $1074.53
Prices Updated: Feb 22, 2025 at 08:37 NY Time
Platinum Price Per Ounce Charts
Platinum Price Per Ounce in US Dollar
Ounce | US Dollar | US Dollar | Ounce |
---|---|---|---|
1 Ounce = | 1001 USD | 1 USD = | 0.001 Ounce |
2 Ounce = | 2002 USD | 2 USD = | 0.002 Ounce |
5 Ounce = | 5005 USD | 5 USD = | 0.005 Ounce |
10 Ounce = | 10010 USD | 10 USD = | 0.00999 Ounce |
20 Ounce = | 20020 USD | 20 USD = | 0.01998 Ounce |
25 Ounce = | 25025 USD | 25 USD = | 0.02498 Ounce |
50 Ounce = | 50050 USD | 50 USD = | 0.04995 Ounce |
100 Ounce = | 100100 USD | 100 USD = | 0.0999 Ounce |
1000 Ounce = | 1001000 USD | 1000 USD = | 0.999 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.