Platinum market chart
Historical benchmark in CAD per troy ounce; weight conversions are shown in the tables.
Platinum Price Chart in CAD per Momme
Live platinum price history in Canadian Dollar (CAD) per momme. Toggle 24H, 7D, 30D, and 1Y ranges to analyze platinum trends.
Quick Calculator
Calculate platinum value
= 3.7500 grams
= 0.120565 troy ounces
Price per momme: —
Platinum price by currency
Fine platinum per momme · current exchange rates
—
US Dollar
—
Euro
—
British Pound
—
Japanese Yen
—
Swiss Franc
—
Australian Dollar
—
Canadian Dollar
—
Indian Rupee
—
Chinese Yuan
—
Singapore Dollar
—
Hong Kong Dollar
—
UAE Dirham
—
Saudi Riyal
—
Mexican Peso
—
Brazilian Real
—
South Korean Won
—
South African Rand
—
Russian Ruble
—
Turkish Lira
—
Polish Zloty
—
Thai Baht
—
Malaysian Ringgit
—
Indonesian Rupiah
—
Philippine Peso
—
Vietnamese Dong
—
New Zealand Dollar
—
Swedish Krona
—
Norwegian Krone
—
Danish Krone
—
Czech Koruna
—
Taiwan Dollar
Platinum price by weight
| Weight | Grams | Spot value (CAD) |
|---|---|---|
| Troy Ounce | 31.1035 | — |
| Gram | 1 | — |
| Kilogram | 1000 | — |
| Pennyweight | 1.55517 | — |
| Tola | 11.6638 | — |
| Tael (Hong Kong) | 37.429 | — |
| Tael (Shanghai / Mainland China) | 50 | — |
| Tael (Taiwan) | 37.5 | — |
| Grain | 0.0648 | — |
| Momme | 3.75 | — |
| Baht | 15.244 | — |
| Chi | 3.75 | — |
| Don | 3.75 | — |
| Mesghal | 4.6875 | — |
What is a Momme? Platinum weight, conversions and local use
Definition. The momme (3.75 g) is the traditional Japanese unit of mass, best known for pearls but also used for precious metals. Locally it is written 匁. One momme equals 3.75 grams, or 0.12057 troy ounces, which at today's platinum spot price works out to — CAD.
Where it is used. Japanese jewellers and pearl dealers quote per momme, and it is the unit behind many antique Japanese silver weights. The unit is the trading standard in Japan.
Pricing conventions. Japanese bullion dealers publish tax-inclusive yen prices per gram, so a momme quote is usually a conversion rather than the headline rate. Platinum has almost no traditional-unit retail market: it is quoted per ounce or per gram, and this conversion is mainly used for jewellery weighing and industrial stock.
Good to know. One momme equals one tenth of a Taiwanese tael and matches the Korean don exactly.
Platinum price per Momme in CAD — quick conversion table
| Quantity | Grams | Troy ounces | Value (CAD) |
|---|---|---|---|
| 1 momme | 3.75 g | 0.1206 oz t | — |
| 5 mommes | 18.75 g | 0.6028 oz t | — |
| 10 mommes | 37.5 g | 1.2057 oz t | — |
| 100 mommes | 375 g | 12.0565 oz t | — |
Values are calculated from the live XPT spot price converted into Canadian Dollar and refresh with the price above.
Buying Platinum in Canada: local market, taxes and premiums
At the live price shown above per momme, the price you see here is the international XPT spot price converted into Canadian Dollar. Physical buyers in Canada pay that reference plus a premium, and local trading is concentrated around Toronto and the Royal Canadian Mint distribution network. Buyers there generally watch the LBMA price converted at the Bank of Canada daily rate as the day's reference.
Taxes and duties. Platinum must be 99.95% to be zero-rated; numismatic and lower-purity items are taxed at the provincial rate. Platinum is a much smaller market driven by autocatalyst and jewellery demand, so local availability is patchier and dealer spreads wider. That is why the shop price of platinum in CAD can sit noticeably above the spot value of the same momme of metal.
How people usually buy. The common routes in Canada are Royal Canadian Mint, bank-linked bullion desks, online dealers and TSX-listed metal trusts. The products most often quoted locally include Gold Maple Leaf, Silver Maple Leaf, RCM 1 kg bars, Maplegram sheets.
Local conventions. The Maple Leaf is struck at 99.99% fineness, one of the purest mass-market bullion coins available. Before you buy, compare the dealer's asking price per momme with the live platinum price above, and check the buy-back spread the same dealer offers — that round-trip cost matters more than a small difference in the headline CAD quote.
Market information only, updated with live prices. Not tax or investment advice; tax rules in Canada can change.
Other Precious Metals in CAD
Compare prices across different precious metals
About Platinum Price in CAD
What is Platinum?
Platinum is a dense, malleable, ductile, highly unreactive, precious, silverish-white transition metal. It is one of the rarer elements in Earth's crust.
History
Platinum was used by pre-Columbian Americans near modern-day Esmeraldas, Ecuador. The first European reference to platinum appears in 1557.
Common Uses
Interesting Facts
- •Platinum is 30 times rarer than gold
- •About 70% of platinum production goes to catalytic converters
- •South Africa produces about 70% of the world's platinum
Platinum Price Per Momme in Canadian Dollar
The current platinum price per momme in Canadian Dollar (CAD) is updated in real-time based on international market rates. Platinum is traded globally and its price fluctuates based on supply and demand, economic conditions, and geopolitical factors.
When buying or selling platinum in Canada, it's important to understand that prices are typically quoted in troy ounces on international markets. Our converter helps you easily calculate the price in mommes, which may be more practical for local transactions.
The momme is a traditional Japanese unit of mass, primarily used for pearls and silk. This unit is commonly used when trading platinum in various markets around the world.
Platinum Long-Term Returns vs Current CAD Price
How platinum has performed over 1, 5, 10, and 20 years against today's spot price (USD/oz). Useful for Canada investors tracking platinum in CAD.
| Period | Start date | Price then | Return |
|---|
Historical prices are approximate annual averages, interpolated between anchor years (1980–2026).
Platinum price in CAD – FAQ
How much does one ounce of platinum cost in CAD today?
One troy ounce of platinum currently costs approximately the live spot price shown on this page. This live spot price is refreshed every 5 minutes from MetalflowAPI market data and reflects the international XPT/CAD rate.
What is the current platinum rate in Canada today?
The current platinum rate in Canada is the live spot price shown on this page per momme. Prices refresh every 5 minutes and follow the international Platinum spot price converted to Canadian Dollar.
How much is 1 momme of platinum in CAD?
1 momme of platinum equals the live spot price shown on this page today. This is calculated from the live spot price per troy ounce, converted via the CAD exchange rate (1 momme = 3.75 grams).
How is the platinum price per momme calculated?
The platinum price per momme is calculated by converting the international spot price (quoted per troy ounce in USD) to CAD using the current exchange rate, then converting to the momme weight unit (1 momme = 3.75 grams).
Do I pay tax or VAT when buying platinum in Canada?
Platinum must be 99.95% to be zero-rated; numismatic and lower-purity items are taxed at the provincial rate. Always confirm the current rule with the dealer, because the tax treatment changes the real cost per momme more than small differences in the CAD spot quote.
Where do people usually buy platinum in Canada?
The usual routes are Royal Canadian Mint, bank-linked bullion desks, online dealers, TSX-listed metal trusts. Local trading is centred on Toronto and the Royal Canadian Mint distribution network, and the products most often quoted are Gold Maple Leaf, Silver Maple Leaf, RCM 1 kg bars, Maplegram sheets.
Why is the shop price of platinum higher than the spot price in CAD?
Retail prices add a dealer premium covering refining, minting, shipping, insurance and margin, plus any local tax. Platinum is a much smaller market driven by autocatalyst and jewellery demand, so local availability is patchier and dealer spreads wider. Compare the asking price per momme with the live spot value above, and check the dealer's buy-back spread.
Which price reference does the Canada platinum market follow?
Local buyers generally follow the LBMA price converted at the Bank of Canada daily rate, converted into Canadian Dollar (CAD). The Maple Leaf is struck at 99.99% fineness, one of the purest mass-market bullion coins available.