Platinum price today: trend, volatility and seasonality
Data updated October 13, 2026
1,628usd/t.oz+0.42% today
Platinum last traded at 1,628 usd/t.oz (close of October 13, 2026), down 18.7% year to date and down 0.7% over twelve months.
It is in a downtrend: both the price and its 50-day average are below the 200-day average, with the price 13.7% below that average.
Over the past 52 weeks it has ranged between 1,495 and 2,878; today's price sits at 13% of that range.
One-month volatility is 30% annualised, low compared with its own history, and the largest fall from a high in the last year was 45.6%.
Returns by period
- 1W
- −2.2%
- 1M
- −7.0%
- 3M
- +1.7%
- 6M
- −20.4%
- Year to date
- −18.7%
- 1Y
- −0.7%
- 3Y
- —
- 5Y
- —
Spot price changes, close to close. They do not include the roll cost or carry of futures, which is what commodity ETFs earn.
Platinum over five years (start = 100)
Trend and risk
- Trend (50/200-day)
- Downtrend
- vs 200-day average
- −13.7%
- RSI (14 days)
- 41
- Momentum 12-1
- +6.8%
- Volatility 1M
- 30.1%
- Volatility 1Y
- 53.8%
- Max drawdown 1Y
- −45.6%
- 52-week range position
- 13%
Futures positioning (CFTC COT)
Managed money (hedge funds and CTAs) held a net long position of 8,475 contracts in Platinum (12.9% of open interest), around the middle of its one-year range. Report of October 6, 2026.
Platinum COT report: positions, history and what followed extremes →
Questions
How has platinum performed this year?
As of October 13, 2026, Platinum is −18.7% year to date and −0.7% over the last twelve months, at 1,628 usd/t.oz.
Is platinum above its 200-day moving average?
No: the price is 13.7% below its 200-day average of 1,936. With the 50-day average also below it, the trend reads as down.
How volatile is platinum?
Its one-month volatility is 30.1% annualised and one-year volatility 53.8%. Current volatility is at the 18th percentile of all one-month windows in the available history.
Are hedge funds long or short platinum?
Managed money (hedge funds and CTAs) held a net long position of 8,475 contracts in Platinum (12.9% of open interest), around the middle of its one-year range. Figures from the CFTC Commitments of Traders report of October 6, 2026.
Related
Source: MarketStack commodity prices; CFTC Commitments of Traders (Disaggregated, futures only). Figures are historical and descriptive; they are not forecasts and not investment advice. MEDGE Capital does not recommend buying or selling any instrument. Risk disclaimer.