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live platinum price · 950 · stamped 950

950 platinum price per troy ounce today.

an ounce of 950 platinum is worth $1,607.40 in melt value right now, from a platinum spot price of $1,692.00 per troy ounce. a refiner would pay around $1,446.66, a platinum buyer about $1,285.92 and a pawn shop nearer $1,125.18.

live spot price · updated Oct 2, 2026, 6:08 PM UTC

melt value

$1,607.40

refiner ~90%

$1,446.66

buyer ~80%

$1,285.92

pawn ~70%

$1,125.18

the weight

what's in an ounce of 950 platinum.

grams
31.103 g
pennyweight
20 dwt
troy ounces
1 ozt
tola
2.667 tola
grains
480 gr
pure platinum
29.548 g (95%)

the troy ounce is 31.103 grams, the unit precious metals trade in worldwide. it's about 10% heavier than the ounce on a kitchen scale (28.35 g), so it's worth checking which ounce a quote means.

950 is the usual platinum for rings and settings in the us and europe. platinum is about 60% denser than 14k gold, so a platinum ring weighs noticeably more than a gold one of the same size, and its value adds up faster than you'd expect.

for scale, that's roughly a one-ounce coin such as the american platinum eagle, which is .9995 fine. weights vary with size, width and whether a piece is hollow, so weigh yours.

950 platinum is 95% platinum, so an ounce holds 29.55 g of pure platinum, worth $51.68 a gram of 950 or $54.40 a gram of pure platinum today.

nearby weights

950 platinum value around 1 troy ounce.

melt value is what the platinum itself is worth. the other columns are what a refiner, a buyer and a pawn shop typically offer.

weightmelt valuerefiner ~90%buyer ~80%pawn ~70%
0.25 troy oz (7.8 g)$401.85$361.67$321.48$281.30
0.5 troy oz (15.6 g)$803.70$723.33$642.96$562.59
1 troy oz (31.1 g)$1,607.40$1,446.66$1,285.92$1,125.18
2 troy oz (62.2 g)$3,214.80$2,893.32$2,571.84$2,250.36
5 troy oz (155.5 g)$8,037.00$7,233.30$6,429.60$5,625.90
10 troy oz (311 g)$16,074.00$14,466.60$12,859.20$11,251.80

every fineness

1 troy ounce of platinum in every fineness.

the same weight is worth more or less depending on how much pure platinum is in it. 4 common finenesses, from the stamp inside the piece.

gradestamppuritymelt value
pure .99999999.9%$1,690.31
950 plat95095.0%$1,607.40
900 plat90090.0%$1,522.80
850 plat85085.0%$1,438.20

in other metals, 1 troy ounce of 14k gold is worth $2,414.65 and sterling silver is worth $55.83.

other currencies

1 troy ounce of 950 platinum in pounds, euros, rupees and dirhams.

currencymelt valueper gram
US dollar (USD)$1,607.40$51.68
British pound (GBP)£1,217.65£39.15
euro (EUR)€1,431.98€46.04
Canadian dollar (CAD)CA$2,288.94CA$73.59
Australian dollar (AUD)A$2,316.42A$74.47
Indian rupee (INR)₹1,54,824.77₹4,977.73
UAE dirham (AED)AED 5,903.18AED 189.79

converted at the european central bank reference rates for 2026-10-02; the dirham uses its fixed peg of 3.6725 to the dollar. local shop prices add tax, duty and the dealer's margin on top of melt value.

calculator

weigh yours and check the number.

platinum spot$1,692.00/ ozt$54.40 / g (pure)
live · Oct 2, 2026, 6:08 PM UTC

refiners and buyers pay a spread below melt. drop the payout to estimate a real offer, not the theoretical melt value.

melt value

$1,607.40

.950 price per gram
$51.68
purity
95.0%
weight
31.10 g

melt value only: the worth of the raw platinum. it excludes stones, craftsmanship, and brand. a finished piece is usually worth more than its melt.

platinum price per gram, by fineness

finenessstamppurityper gram
pure .99999999.9%$54.34
950 plat95095.0%$51.68
900 plat90090.0%$48.96
850 plat85085.0%$46.24

questions

1 troy ounce of 950, answered.

the price per gram lives on the platinum price calculator page. found a 950 stamp and not sure it's genuine? the 950 hallmark guide covers how to check. and if you make what you sell, here's how to photograph it.

for jewelers, not scrappers

a finished piece is worth more than its platinum.

bling ai turns a phone photo of your jewelry into a campaign-ready shot, so buyers pay for the piece, not the melt.