PT900, PT950, PT999 Platinum Price– Daily Updates | MadisonDia
Stay updated with the latest Platinum prices in Hong Kong (HKD) and United States (USD). Prices include PT999(Pure), PT950, PT900 (Jewelry Grade) per gram.
Platinum Price
International Market Rate: $1981.0 USD / oz
Market Rate: $63.69 USD / g
Update Daily 12:00AM & 12:00PM Hong Kong Time
Pure Platinum (PT999)
Jewelry Grade (PT950)
Jewelry Grade (PT900)
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Platinum Price FAQ
What is the difference between PT999, PT950, and PT900?
PT999 (Pure Platinum)
99.9% platinum content. Like 24k gold, it is the purest form but is very soft, making it more suitable for investment bullion than intricate jewelry.
PT950 (Jewelry Grade)
95% platinum and 5% other alloys (usually iridium or ruthenium). This is the luxury standard for high-end jewelry, offering the perfect balance of purity, weight, and strength.
PT900 (Setting Grade)
90% platinum and 10% alloys. It is slightly harder than PT950 and is often preferred for ring heads or delicate prongs to ensure a secure hold for high-value diamonds.
How often are these platinum prices updated?
Prices are fetched and updated twice daily at 12:00 AM and 12:00 PM Hong Kong Time (HKT) to reflect the most current global market rates.
How are prices for PT950 and PT900 calculated?
They are derived directly from the PT999 base market price using the exact platinum purity percentage:
- PT950 = PT999 price × 0.95 (95% purity)
- PT900 = PT999 price × 0.90 (90% purity)
This ensures our technical evaluations remain transparent and fair based on actual precious metal content.
Why do platinum prices fluctuate daily?
Platinum is rarer than gold and its price is influenced by industrial demand, mining supply, currency exchange rates, and global economic conditions. We utilize live data from reliable market sources to ensure the accuracy of our daily rates.
Can I use these prices to buy jewelry from Madison Avenue?
Yes! These spot prices per gram serve as a transparent reference for the metal's value. Please note that the final price of jewelry includes additional costs such as craftsmanship, design, and hallmarking. Visit our Lab Grown Diamond Jewelry Collections to shop and get exact quotes.
What currencies are shown, and why?
To serve our international jewelry buyers and distributors across Asia and the West, we display prices in USD (USA), HKD (Hong Kong), JPY (Japan), NTD (Taiwan), and CNY (China).