Platinum price today: trend, volatility and seasonality
Data updated October 13, 2026
1,616usd/t.oz−3.29% today
Platinum last traded at 1,616 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 price over five years
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 1,616 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.