Current platinum price

View the current and historical platinum price here. The platinum price is updated in real time and shows you the most current price of platinum.

How is the current platinum price determined?

The current platinum price, like the gold and silver prices, is determined by supply and demand on the global market. However, platinum is a much scarcer commodity: only a fraction of the amount mined each year is extracted compared to gold or silver. As a result, even a small change in the market can have a major impact on the price.

Platinum is crucial for applications such as catalytic converters in cars, hydrogen fuel cells, jewelry, and medical instruments. Demand therefore fluctuates greatly with industrial production.

Historical platinum price

Historically, platinum is one of the most valuable precious metals. Around 1995, the price was around $350 per kilo; in 2025, the platinum price is above $45,000 per kilo. That is an increase of more than 12,000%.

The platinum price has seen clear peaks:

  • 2008: record price due to high industrial demand before the financial crisis.
  • 2020: upturn during the coronavirus pandemic, when investors sought refuge in precious metals.
  • 2024 - 2025: sharp increase due to growth in the hydrogen economy and the structural shortage of mine production in South Africa.

The averages below illustrate the return on platinum per period:

Period
Annual return on platinum
Last 30 years
11 tot 12% per year
Last 20 years
8% per year
Last 10 years
10% per year

Although platinum historically retains its value, price fluctuations are greater than for gold, partly due to its dependence on industry. This makes it interesting for investors looking for opportunities in commodities that are scarce and have industrial potential.

Platinum price forecast

Looking ahead to 2025 and 2026, analysts at UBS and Goldman Sachs, among others, expect the platinum price to rise further. Growing demand from the automotive industry (for emission-free powertrains) and hydrogen technology plays a key role in this.

Important price-determining factors are:

Inflation and central bank interest rate policy
Growth of the hydrogen economy
Limited new supply from South Africa
Geopolitical stability in resource-rich regions

Buy platinum at GoldRepublicThrough GoldRepublic, you can purchase platinum in certified bars, directly from the smelter. All platinum is stored in highly secure vaults managed by independent third parties. This way, you can be sure that your assets are physically present and fully audited

You can buy platinum from one gram (or from a deposit of $50) at the current platinum price

Saving platinum is also an option: every week, fortnight, or month, platinum is automatically purchased at the current price, allowing you to build up a physical stockpile step by step, without having to actively trade in platinum.

Frequently asked questions

How do I open an account with GoldRepublic?

You can easily open an account via our website. After filling in your details and validating your identity, you can start purchasing immediately.

Is GoldRepublic licensed?

Yes, GoldRepublic has a license from the Financial Markets Authority (AFM) as a provider of investment objects.

What are the minimum purchase amounts?

You can buy precious metal for as little as $50 or 1 gram. Low-threshold investments are also possible via a savings plan.

Is my precious metal insured?

Yes, the precious metal in storage is your legal property and fully insured.

Is buying gold wise?

Yes, buying physical gold can be wise if you aim to preserve long-term wealth. Gold offers protection against inflation and historically maintains its purchasing power. For example, between 2005 and 2025, the price of gold rose by an average of more than 10% per year. Whether gold is a smart investment for you depends on your personal investment goals.

Is now a good time to buy gold or is it better to wait?

Although the gold price has been breaking record after record in recent months, it may still be a good time to enter the market. Gold is a long-term investment and has achieved an average annual return of around 8% since 1971. Even if you buy gold now at a relatively high price, the chance that your investment will be worth more over the longer term increases.

What is the best way to buy gold?

The best way depends on your goals and personal preferences. With physical gold, you are the legal owner, which offers protection during systemic crises. However, you often pay storage costs. Gold ETFs track the gold price and generally have lower management fees. The main difference is counterparty risk. With an ETF, you depend on the financial stability of the issuer and the custodian. With physical gold, there is no counterparty risk.

Where can I reliably buy gold in the United States?

You can reliably buy physical gold from dealers that supply LBMA-accredited bullion. These providers offer investment-grade gold with a purity of at least 99.99%, which is recognised and tradable worldwide. GoldRepublic is one of these providers and offers online access to physical precious metals that are securely stored in professional vaults.

Is buying physical gold sensible compared with other investments?

Buying physical gold can be sensible as protection against inflation and market crashes, as the gold price rose by an average of 10% per year over the past 20 years. Whether it is the best choice depends on your goals. Gold does not pay dividends like some stocks, but it does provide a tangible asset without counterparty risk.

What should I look out for when buying gold?

When buying physical gold, pay attention to the current gold price and the difference between the buying and selling price (spread). Check whether the provider has an AFM license and choose gold with a purity of at least 99.9% (24 karat) for investment purposes. Whether this is a sensible choice depends on your risk profile and investment horizon.

Where can I buy gold at the best price?

Buying gold at the 'best price' in practice often means looking for a low spread: the difference between the gold price and the price you pay. Large specialized dealers are almost always cheaper than jewelers or banks because they work with smaller margins.

Is buying gold suitable as protection against inflation?

Gold is often regarded as an effective hedge against inflation, as its value has risen by around 8% per year on average over a 50-year period. During periods with inflation above 3%, such as those seen since 2021, physical gold generally preserves its purchasing power better than cash.

Is it possible to buy gold without VAT and how is it taxed?

In the United States, sales tax rules on gold vary by state. Many states exempt investment-grade gold bullion from sales tax, while others may apply sales tax depending on the type of product or the transaction value. When selling gold, profits may be subject to federal capital gains tax. Physical gold is generally treated as a collectible for tax purposes, meaning gains may be taxed at a maximum federal rate of up to 28%, depending on your income and holding period. State taxes may also apply depending on where you live. Because tax treatment can vary based on individual circumstances, it is advisable to seek independent tax advice if you are unsure about your personal tax situation.

Is it safer to buy physical gold or gold-related shares?

Physical gold is safer against systemic risks because you are the legal owner and do not run counterparty risk. With gold mining shares or gold ETFs, you do run that risk. With physical gold, you should take into account the risks associated with storing it at home. However, many physical gold dealers offer secure storage in a vault managed by a third party.

Is tax due when selling gold?

In the United States, profits from selling physical gold are generally subject to federal capital gains tax. Gold is typically treated as a collectible, meaning long-term gains may be taxed at a maximum rate of up to 28%, depending on your income and how long you held the gold. State taxes may also apply depending on where you live. Because tax rules can vary based on individual circumstances, it is advisable to seek independent tax advice.

Can I also sell small quantities of gold?

Yes. At GoldRepublic you can sell gold from as little as 1 gram, because through our platform you can own fractions of larger bars. When selling these small quantities, you pay a standard 1% transaction fee, regardless of the size of your order.

What is the best price for selling gold?

The best price for your gold is linked to the current gold price. For gold bars from recognized producers, specialist dealers usually offer the highest bid, typically between 98% and 100% of that price. The purchase price for gold jewelry is lower.

What determines the selling price of gold?

The selling price is determined primarily by the global spot price. Dealers add a margin to cover costs and profit. In addition, the purity (carat) and the current exchange rate between the euro and the dollar influence the final selling price you receive per gram.

How is the gold price determined?

The gold price is fixed twice a day through the LBMA Gold Price, an electronic auction in London where major banks match supply and demand. Important factors influencing the price are real interest rates, geopolitical tensions and the value of the US dollar.

What is the difference between the buy and sell price when selling gold?

The difference between the buy and sell price is called the spread and for gold bars it is often between 1% and 2%. This is lower than for gold coins because production costs per gram are lower.

Which factors influence the gold price?

The gold price is determined by a combination of real interest rates, the value of the US dollar and geopolitical tensions. In addition, record demand from central banks provides structural support for the price.

How quickly will I receive money after selling gold?

After you sell your gold at GoldRepublic, the proceeds appear immediately in your online account. When you then withdraw that balance to your linked bank account, processing usually takes one to two business days. In practice, users often report that the amount arrives the next business day, provided the withdrawal request is submitted before the end of the working day.

How do I read a gold price chart?

A gold chart shows price development per troy ounce (31.1 grams) or per kilogram in dollars or euros. Pay attention to the bid price and the ask price; the difference between them is called the spread.

Is the gold price the same everywhere?

In theory, the global spot price of gold is the same everywhere, but the physical selling price varies by provider.

How often does the gold price change?

The gold price changes continuously and is updated live every 15 seconds during trading days.

Will the gold price rise further?

Various analysts expect the gold price to rise further due to continued demand from central banks and possible interest-rate cuts.

Will the gold price fall again?

Although the gold price keeps breaking records, there are also scenarios in which the gold price could fall.

Is it wise to sell gold now or should I wait?

Now that the gold price has been at historic highs for months, it may feel like a good moment to sell your gold. However, various analysts suggest that the gold price may rise further. Your decision depends on whether you need liquidity now or believe in further upside due to ongoing geopolitical uncertainty.

Is the current gold price favorable for buying?

The current gold price is historically high, but it may still be attractive for those expecting further gains. Whether this is a good entry point depends on your time horizon and your confidence in these forecasts.

What is the minimum amount for saving in gold?

At GoldRepublic, saving in gold is possible from $50 per purchase or from 1 gram.

How does gold saving work?

Gold saving means buying physical gold periodically, for example once a week, once every two weeks or once a month.

How do I benefit from dollar-cost averaging when saving in gold?

Dollar-cost averaging means that you buy gold periodically regardless of the current price.

Can I combine the Gold Savings Plan with one-off purchases?

Yes. In addition to your savings plan, you can also make one-off purchases of gold, silver or platinum.

Can I stop my gold savings plan early?

Yes. You can stop, pause or change your gold savings plan at any time free of charge.

Where is my saved gold stored?

Your saved gold is stored in highly secured, insured vaults with independent custodians.

How do I declare saved gold in my tax return?

Saved gold is treated as wealth in box 3 in the Netherlands.

Can I sell my saved gold at any time?

Yes. You can sell your saved gold at any time through the GoldRepublic website or app.

Can I sell back gold that was purchased elsewhere?

No. At GoldRepublic, you can only sell gold that you also purchased through GoldRepublic and stored in the vaults we recommend. For gold that you physically hold yourself or bought from another party, you need to contact specialist buyers. These parties usually buy gold at a percentage of the current spot price, depending on the type of gold.

What is the influence of central banks on the gold price?

Central banks are key price setters because they represent roughly 20% to 25% of global gold demand.

Can I buy physical silver without VAT?

If you buy physical silver in the United States, you generally pay VAT. However, you can avoid VAT by purchasing your silver and storing it directly in a recognised customs bonded warehouse, for example in Switzerland or Germany. Because the precious metal does not legally cross the border at these locations, the transaction remains fully exempt from VAT.

Is buying physical silver a good idea?

Whether buying physical silver is wise depends on your personal goals and risk profile. Silver is often considered a protection against inflation and there is growing industrial demand for the metal. However, the price of silver is typically more volatile than gold. In periods of economic uncertainty, silver can add diversification to an investment portfolio.

What is the best way to buy silver?

The most cost-efficient way to buy physical silver is by storing it in a customs bonded warehouse in Switzerland or Germany. This structure allows you to avoid the 21% VAT normally charged in the Netherlands. Investors who prefer gradual accumulation can also choose a silver savings plan.

Where can I buy silver at the best price?

The best price for physical silver is usually achieved by purchasing silver bars stored in a customs bonded warehouse. This allows investors to avoid the standard 21% VAT that applies to physical delivery in the Netherlands.

Is buying physical silver wise compared to other investments?

Whether buying physical silver is wise depends on your investment strategy and financial goals. Silver often has a low correlation with the stock market, which can help diversify risk. Although silver does not generate dividends, it is a tangible asset that provides protection against counterparty risks.

Where can I safely buy silver in the United States?

You can safely buy physical silver in the United States through reputable precious metals platforms and dealers that operate transparently, perform independent audits and use professional vault storage. GoldRepublic received the first AFM licence granted to a precious metals platform in the Netherlands in 2010.

What should I consider when buying silver?

Always verify whether the provider has an AFM licence and offers LBMA-certified silver bars with a purity of 99.9%. Storage in a secure vault and clear legal ownership are essential to protect your investment.

Is now a good time to buy silver?

Timing the silver market is historically difficult due to the metal’s volatility. Investors who want to reduce timing risk often choose to invest periodically through a savings plan.

Is silver a good protection against inflation?

Yes. Historically, silver has been considered a store of value during periods of inflation because it is a tangible asset with intrinsic value and limited supply.

Is it safer to buy physical silver or silver stocks?

Physical silver is often considered safer because you own the asset directly, eliminating counterparty risks associated with financial institutions or mining companies.

How does the silver buyback guarantee work?

GoldRepublic offers a 100% buyback guarantee for silver stored in its vaults. You can sell your silver at the current market price and receive the proceeds within a few working days.

How do I declare physical silver in my tax return?

In the United States, profits from the sale of physical silver may be taxed as capital gains. Precious metals are generally treated as collectibles and may be subject to specific tax rules. Disclaimer: This is general information and not tax advice. Tax treatment may vary depending on your personal circumstances. We recommend contacting a tax adviser for advice specific to your situation.

Can I store my silver myself?

Yes, physical delivery is possible. However, this removes the benefits of professional vault storage and the buyback guarantee.

Can I sell silver that I bought elsewhere?

At GoldRepublic you can only sell silver that was purchased through the platform. Silver bought elsewhere must be sold through other dealers.

Where can I safely sell my silver?

You can safely sell silver through reputable precious metal dealers that provide transparent pricing and verified buyback services.

What is the best price to sell silver?

The best selling price depends on the spread between buying and selling prices. Selling through platforms that track the global market price ensures a fair valuation.

Do I pay VAT when selling silver?

Private individuals do not pay VAT when selling silver. If the silver is stored in a customs bonded warehouse, the sale takes place in a tax-free environment.

What determines the selling price of silver?

The selling price of silver is mainly determined by the global spot price, exchange rates, and dealer margins.

Can I sell small amounts of silver?

Yes, small quantities of silver can usually be sold through online precious metals platforms.

What is the difference between buy and sell price of silver?

The difference between the buy and sell price is called the spread. This margin covers dealer costs and trading operations.

How quickly do I receive money after selling silver?

After selling silver through a trading platform, funds are usually transferred to your bank account within one to two working days.

How is the silver price determined?

The silver price is determined by global supply and demand on international commodity exchanges such as COMEX and the London Bullion Market.

Which factors influence the silver price?

Industrial demand, currency fluctuations, inflation expectations and geopolitical tensions can all influence the silver price.

Is the current silver price a good time to buy?

Whether the current price is attractive depends on your long-term investment strategy and outlook for the market.

What influence do central banks have on silver prices?

Central banks influence precious metal prices through interest rate policies and monetary stimulus.

How do I read a silver price chart?

A silver price chart shows price movements over time. The vertical axis represents price and the horizontal axis represents time.

Is the silver price the same everywhere?

The global spot price is the same worldwide, but final prices vary due to dealer margins, transport costs and taxes.

How often does the silver price change?

The silver price changes continuously during global trading hours and can update every few seconds.

Should I sell silver now or wait?

Whether to sell silver now depends on your financial goals, market outlook, and liquidity needs.

Will the silver price rise in the future?

Price forecasts depend on supply shortages, industrial demand and macroeconomic conditions.

Can the silver price fall?

Yes. Silver prices are volatile and can decline due to market corrections or investor sentiment.

How does silver saving work?

Silver saving plans allow investors to buy silver periodically, often monthly, helping to average out purchase prices.

What is the minimum savings amount for silver?

Many silver savings plans start from approximately $50 per month.

Is the silver savings plan VAT-free?

If silver is stored in a customs bonded warehouse, the purchase can be VAT-free.

How does dollar-cost averaging work with silver saving?

By investing a fixed amount regularly, you buy more silver when prices are low and less when prices are high.

Where is my saved silver stored?

Saved silver is typically stored in secure vaults in financial centres such as Zurich, Frankfurt or Amsterdam.

Can I stop my silver savings plan anytime?

Most savings plans allow you to stop or pause contributions at any time without penalties.

Can I combine a savings plan with one-time purchases?

Yes, investors can combine monthly savings with occasional additional purchases.

Can I sell saved silver anytime?

Yes, stored silver can typically be sold through the platform at current market prices.

Where can I safely buy 100 gram silver?

Buy from reputable dealers offering LBMA-certified bars and secure storage.

Is 100 gram silver suitable as an investment?

A 100 gram bar is an accessible way for investors to own physical precious metals without a large initial investment.

Is buying 100 gram silver wise?

Whether buying a 100 gram bar is wise depends on your investment goals and portfolio diversification.

Is a 100 gram silver bar 99.9% pure?

Investment silver bars typically have a purity of at least 99.9%.

Do I pay VAT when buying 100 gram silver?

In the United States physical silver is normally subject to VAT, unless stored in a customs bonded warehouse.

How does buying and storing 100 gram silver work?

After opening an account you can buy 100 gram silver and choose secure vault storage.

What should I consider when buying 100 gram silver?

Check dealer reputation, purity certification, storage options and transaction costs.

Is 100 gram silver more expensive per gram than larger bars?

Smaller bars can sometimes carry a slightly higher premium per gram compared to larger bars.

Who is 100 gram silver suitable for?

100 gram silver is often suitable for beginner precious metal investors or savers seeking inflation protection.

Want to create wealth by investing in precious metals?

Open an account for free and discover how easy it is to trade physical bullion with GoldRepublic