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
=
954 US Dollar
Bid Price: $954
Ask Price: $964
Day's Range: $944 - $978
Prices Updated: May 22, 2022 at 01:20 NY Time
Platinum Price Per Ounce Charts
Platinum Price Per Ounce in US Dollar
| Ounce | US Dollar | US Dollar | Ounce |
|---|---|---|---|
| 1 Ounce = | 954 USD | 1 USD = | 0.00105 Ounce |
| 2 Ounce = | 1908 USD | 2 USD = | 0.0021 Ounce |
| 5 Ounce = | 4770 USD | 5 USD = | 0.00524 Ounce |
| 10 Ounce = | 9540 USD | 10 USD = | 0.01048 Ounce |
| 20 Ounce = | 19080 USD | 20 USD = | 0.02096 Ounce |
| 25 Ounce = | 23850 USD | 25 USD = | 0.02621 Ounce |
| 50 Ounce = | 47700 USD | 50 USD = | 0.05241 Ounce |
| 100 Ounce = | 95400 USD | 100 USD = | 0.10482 Ounce |
| 1000 Ounce = | 954000 USD | 1000 USD = | 1.04822 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.
