Platinum market chart
Historical benchmark in TRY per troy ounce; weight conversions are shown in the tables.
Platinum Price Chart in TRY per Grain
Live platinum price history in Turkish Lira (TRY) per grain. Toggle 24H, 7D, 30D, and 1Y ranges to analyze platinum trends.
Quick Calculator
Calculate platinum value
= 0.0648 grams
= 0.002083 troy ounces
Price per gr: —
Platinum price by currency
Fine platinum per grain · current exchange rates
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US Dollar
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Euro
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British Pound
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Japanese Yen
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Chinese Yuan
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Saudi Riyal
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Mexican Peso
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Brazilian Real
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South Korean Won
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South African Rand
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Russian Ruble
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Turkish Lira
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Polish Zloty
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Thai Baht
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Malaysian Ringgit
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Indonesian Rupiah
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Taiwan Dollar
Platinum price by weight
| Weight | Grams | Spot value (TRY) |
|---|---|---|
| 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 Grain? Platinum weight, conversions and local use
Definition. The grain (0.0648 g) is the smallest troy unit, one 480th of a troy ounce. One grain equals 0.0648 grams, or 0.00208 troy ounces, which at today's platinum spot price works out to — TRY.
Where it is used. Historical coin weights, gold leaf and very small assay samples are still specified in grains. The unit is the trading standard in coin collecting and assaying.
Pricing conventions. No modern bullion product is sold by the grain, but numismatic catalogues use it, so collectors convert grain weights when valuing old coinage. 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 grain was originally the weight of a single barley seed, making it one of the oldest surviving mass units in use.
Platinum price per Grain in TRY — quick conversion table
| Quantity | Grams | Troy ounces | Value (TRY) |
|---|---|---|---|
| 1 grain | 0.065 g | 0.0021 oz t | — |
| 5 grains | 0.324 g | 0.0104 oz t | — |
| 10 grains | 0.648 g | 0.0208 oz t | — |
| 100 grains | 6.48 g | 0.2083 oz t | — |
Values are calculated from the live XPT spot price converted into Turkish Lira and refresh with the price above.
Buying Platinum in Turkey: local market, taxes and premiums
At the live price shown above per grain, the price you see here is the international XPT spot price converted into Turkish Lira. Physical buyers in Turkey pay that reference plus a premium, and local trading is concentrated around Istanbul's Grand Bazaar and Borsa Istanbul. Buyers there generally watch the Borsa Istanbul gram gold price in lira as the day's reference.
Taxes and duties. Silver, platinum and palladium carry VAT in most retail formats and see far less demand. 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 TRY can sit noticeably above the spot value of the same grain of metal.
How people usually buy. The common routes in Turkey are Kapalıçarşı jewellers, bank gold accounts, Borsa Istanbul Precious Metals Market and gold-linked deposit products. The products most often quoted locally include Cumhuriyet Altını, Çeyrek (quarter) coins, gram gold bars, 22K bilezik bangles.
Local conventions. Turks buy standardised coins by name - çeyrek, yarım, tam - and 22K bangles, with lira weakness driving persistent physical demand. Before you buy, compare the dealer's asking price per grain 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 TRY quote.
Market information only, updated with live prices. Not tax or investment advice; tax rules in Turkey can change.
Other Precious Metals in TRY
Compare prices across different precious metals
About Platinum Price in TRY
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 Grain in Turkish Lira
The current platinum price per grain in Turkish Lira (TRY) 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 Turkey, 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 grains, which may be more practical for local transactions.
The grain is the smallest unit of weight in the troy system, equal to 1/480 of a troy ounce. This unit is commonly used when trading platinum in various markets around the world.
Platinum Long-Term Returns vs Current TRY Price
How platinum has performed over 1, 5, 10, and 20 years against today's spot price (USD/oz). Useful for Turkey investors tracking platinum in TRY.
| Period | Start date | Price then | Return |
|---|
Historical prices are approximate annual averages, interpolated between anchor years (1980–2026).
Platinum price in TRY – FAQ
How much does one ounce of platinum cost in TRY 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/TRY rate.
What is the current platinum rate in Turkey today?
The current platinum rate in Turkey is the live spot price shown on this page per grain. Prices refresh every 5 minutes and follow the international Platinum spot price converted to Turkish Lira.
How much is 1 grain of platinum in TRY?
1 grain 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 TRY exchange rate (1 grain = 0.0648 grams).
How is the platinum price per grain calculated?
The platinum price per grain is calculated by converting the international spot price (quoted per troy ounce in USD) to TRY using the current exchange rate, then converting to the grain weight unit (1 grain = 0.0648 grams).
Do I pay tax or VAT when buying platinum in Turkey?
Silver, platinum and palladium carry VAT in most retail formats and see far less demand. Always confirm the current rule with the dealer, because the tax treatment changes the real cost per grain more than small differences in the TRY spot quote.
Where do people usually buy platinum in Turkey?
The usual routes are Kapalıçarşı jewellers, bank gold accounts, Borsa Istanbul Precious Metals Market, gold-linked deposit products. Local trading is centred on Istanbul's Grand Bazaar and Borsa Istanbul, and the products most often quoted are Cumhuriyet Altını, Çeyrek (quarter) coins, gram gold bars, 22K bilezik bangles.
Why is the shop price of platinum higher than the spot price in TRY?
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 grain with the live spot value above, and check the dealer's buy-back spread.
Which price reference does the Turkey platinum market follow?
Local buyers generally follow the Borsa Istanbul gram gold price in lira, converted into Turkish Lira (TRY). Turks buy standardised coins by name - çeyrek, yarım, tam - and 22K bangles, with lira weakness driving persistent physical demand.