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
=
886 US Dollar
Bid Price: $886
Ask Price: $896
Day's Range: $886 - $899
Prices Updated: Sep 27, 2023 at 21:43 NY Time
Platinum Price Per Ounce Charts
Platinum Price Per Ounce in US Dollar
| Ounce | US Dollar | US Dollar | Ounce |
|---|---|---|---|
| 1 Ounce = | 886 USD | 1 USD = | 0.00113 Ounce |
| 2 Ounce = | 1772 USD | 2 USD = | 0.00226 Ounce |
| 5 Ounce = | 4430 USD | 5 USD = | 0.00564 Ounce |
| 10 Ounce = | 8860 USD | 10 USD = | 0.01129 Ounce |
| 20 Ounce = | 17720 USD | 20 USD = | 0.02257 Ounce |
| 25 Ounce = | 22150 USD | 25 USD = | 0.02822 Ounce |
| 50 Ounce = | 44300 USD | 50 USD = | 0.05643 Ounce |
| 100 Ounce = | 88600 USD | 100 USD = | 0.11287 Ounce |
| 1000 Ounce = | 886000 USD | 1000 USD = | 1.12867 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.