Platinum market chart
Historical benchmark in HKD per troy ounce; weight conversions are shown in the tables.
Platinum Price Chart in HKD per Troy Ounce
Live platinum price history in Hong Kong Dollar (HKD) per troy ounce. Toggle 24H, 7D, 30D, and 1Y ranges to analyze platinum trends.
Quick Calculator
Calculate platinum value
= 31.1035 grams
= 1.000001 troy ounces
Price per oz t: —
Platinum price by currency
Fine platinum per troy ounce · current exchange rates
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Taiwan Dollar
Platinum price by weight
| Weight | Grams | Spot value (HKD) |
|---|---|---|
| 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 Troy Ounce? Platinum weight, conversions and local use
Definition. The troy ounce (31.1035 g) is the settlement unit of the London and COMEX markets, so it is the number every other quote is derived from. One troy ounce equals 31.1035 grams, or 1.00000 troy ounces, which at today's platinum spot price works out to — HKD.
Where it is used. Bullion bars and coins are struck in 1 oz, 10 oz and 100 oz sizes, and dealer spreads are quoted as a premium over the ounce spot price. The unit is the trading standard in global wholesale markets.
Pricing conventions. Because the ounce is the contract unit, it carries the tightest spread of any weight: retail premiums on a 1 oz coin typically run a few percent, while a 400 oz good-delivery bar trades near spot. 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. The troy ounce is heavier than the everyday avoirdupois ounce (28.35 g) — a mix-up of roughly 10% that still catches out first-time buyers.
Platinum price per Troy Ounce in HKD — quick conversion table
| Quantity | Grams | Troy ounces | Value (HKD) |
|---|---|---|---|
| 1 troy ounce | 31.104 g | 1.0000 oz t | — |
| 5 troy ounces | 155.518 g | 5.0000 oz t | — |
| 10 troy ounces | 311.035 g | 10.0000 oz t | — |
| 100 troy ounces | 3,110.35 g | 100.0001 oz t | — |
Values are calculated from the live XPT spot price converted into Hong Kong Dollar and refresh with the price above.
Buying Platinum in Hong Kong: local market, taxes and premiums
At the live price shown above per troy ounce, the price you see here is the international XPT spot price converted into Hong Kong Dollar. Physical buyers in Hong Kong pay that reference plus a premium, and local trading is concentrated around Hong Kong's Chinese Gold & Silver Exchange Society. Buyers there generally watch the CGSE loco London and loco Hong Kong tael quotes as the day's reference.
Taxes and duties. Silver, platinum and palladium are equally untaxed, which keeps retail premiums among the lowest in Asia. 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 HKD can sit noticeably above the spot value of the same troy ounce of metal.
How people usually buy. The common routes in Hong Kong are CGSE member dealers, Chow Sang Sang and other jewellers, bank paper gold accounts and vault storage providers. The products most often quoted locally include tael bars (37.429 g), 999.9 gold bars, Kilobars, 999 gold jewellery.
Local conventions. The Hong Kong tael of 37.429 g is the classic local trading weight, and 99.99 'chuk kam' gold jewellery is bought largely by weight. Before you buy, compare the dealer's asking price per troy ounce 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 HKD quote.
Market information only, updated with live prices. Not tax or investment advice; tax rules in Hong Kong can change.
Other Precious Metals in HKD
Compare prices across different precious metals
About Platinum Price in HKD
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 Troy Ounce in Hong Kong Dollar
The current platinum price per troy ounce in Hong Kong Dollar (HKD) 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 Hong Kong, 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 troy ounces, which may be more practical for local transactions.
The troy ounce is the standard unit for measuring precious metals. It equals approximately 31.1 grams. This unit is commonly used when trading platinum in various markets around the world.
Platinum Long-Term Returns vs Current HKD Price
How platinum has performed over 1, 5, 10, and 20 years against today's spot price (USD/oz). Useful for Hong Kong investors tracking platinum in HKD.
| Period | Start date | Price then | Return |
|---|
Historical prices are approximate annual averages, interpolated between anchor years (1980–2026).
Platinum price in HKD – FAQ
How much does one ounce of platinum cost in HKD 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/HKD rate.
What is the current platinum rate in Hong Kong today?
The current platinum rate in Hong Kong is the live spot price shown on this page per troy ounce. Prices refresh every 5 minutes and follow the international Platinum spot price converted to Hong Kong Dollar.
How much is 1 troy ounce of platinum in HKD?
1 troy ounce 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 HKD exchange rate (1 troy ounce = 31.1035 grams).
How is the platinum price per troy ounce calculated?
The platinum price per troy ounce is calculated by converting the international spot price (quoted per troy ounce in USD) to HKD using the current exchange rate, then converting to the troy ounce weight unit (1 troy ounce = 31.1035 grams).
Do I pay tax or VAT when buying platinum in Hong Kong?
Silver, platinum and palladium are equally untaxed, which keeps retail premiums among the lowest in Asia. Always confirm the current rule with the dealer, because the tax treatment changes the real cost per troy ounce more than small differences in the HKD spot quote.
Where do people usually buy platinum in Hong Kong?
The usual routes are CGSE member dealers, Chow Sang Sang and other jewellers, bank paper gold accounts, vault storage providers. Local trading is centred on Hong Kong's Chinese Gold & Silver Exchange Society, and the products most often quoted are tael bars (37.429 g), 999.9 gold bars, Kilobars, 999 gold jewellery.
Why is the shop price of platinum higher than the spot price in HKD?
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 troy ounce with the live spot value above, and check the dealer's buy-back spread.
Which price reference does the Hong Kong platinum market follow?
Local buyers generally follow the CGSE loco London and loco Hong Kong tael quotes, converted into Hong Kong Dollar (HKD). The Hong Kong tael of 37.429 g is the classic local trading weight, and 99.99 'chuk kam' gold jewellery is bought largely by weight.