Platinum futures contracts price in U.S. by month 2019-2024, with forecasts to 2027

Published by Statista Research Department, Jun 20, 2024

Platinum futures contracts to be settled in January 2024 were trading on U.S. markets at 1,089 U.S. dollars per troy ounce on June 20, 2024. This is slightly above the price of 1,042 U.S. dollars per troy ounce for contracts to be settled in May 2024, indicating that platinum traders expect the price of platinum to increase a little over the next year. Platinum futures are contracts that effectively lock in a price for an amount of platinum to be purchased at a time in the future, which can then be traded on markets. Futures markets therefore provide an indicator of how investors think a commodities market will develop in the future.

Monthly price of platinum futures contracts in the United States from January 2019 to May 2024, with forecasts to 2027 (in U.S. dollars per troy ounce)

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Release date

June 2024

Region

Worldwide, United States

Survey time period

January 2019 to May 2024

Supplementary notes

Historical values are available here.

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