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
=
1224 US Dollar
Bid Price: $1224
Ask Price: $1234
Day's Range: $1214 - $1236
Prices Updated: May 17, 2021 at 00:34 NY Time
Platinum Price Per Ounce Charts
Platinum Price Per Ounce in US Dollar
| Ounce | US Dollar | US Dollar | Ounce |
|---|---|---|---|
| 1 Ounce = | 1224 USD | 1 USD = | 0.00082 Ounce |
| 2 Ounce = | 2448 USD | 2 USD = | 0.00163 Ounce |
| 5 Ounce = | 6120 USD | 5 USD = | 0.00408 Ounce |
| 10 Ounce = | 12240 USD | 10 USD = | 0.00817 Ounce |
| 20 Ounce = | 24480 USD | 20 USD = | 0.01634 Ounce |
| 25 Ounce = | 30600 USD | 25 USD = | 0.02042 Ounce |
| 50 Ounce = | 61200 USD | 50 USD = | 0.04085 Ounce |
| 100 Ounce = | 122400 USD | 100 USD = | 0.0817 Ounce |
| 1000 Ounce = | 1224000 USD | 1000 USD = | 0.81699 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.