Platinum
Precious Stones & Metals · HS 7110 · verified suppliers & live price
About Platinum
Platinum is a dense, corrosion-resistant precious metal primarily used in catalytic converters for automotive emissions control, accounting for approximately 40% of industrial demand. Secondary applications include jewelry, chemical processing, and petroleum refining. International markets trade platinum in refined ingots, powder, and sponge forms, with purity grades typically 99.95% and above. South Africa dominates global production, supplying roughly 70% of annual output, followed by Russia and Zimbabwe. Buyers should verify certificates of analysis from recognized assayers, as platinum's high value makes authenticity documentation critical; physical density checks and hallmarking provide additional quality assurance before purchase commitment.
Specifications
- Grade / spec
- 99.95%, sponge/ingot
- HS code
- 7110
- Trading unit
- oz
- Category
- Precious Stones & Metals
- Pricing basis
- Live Genesis Index (market)
- Buyer protection
- Escrow.com · inspection on release
Genesis Sourcing Intelligence™
On the Genesis network, Platinum currently matches 59 verified suppliers across 10 countries, with a live benchmark price. Its Genesis Sourcing Index of 95/100 reflects excellent sourcing availability — expect fast, competitive firm offers, every one escrow-protected.
Computed live from the Genesis network — verified‑supplier availability, geographic reach and price transparency. Recalculated continuously; found only on Genesis.
Verified Platinum suppliers
Frequently asked questions
What is the current price of Platinum?
Platinum is priced at approximately $1,576.65 per oz on the live Genesis Index (real-time market reference). Request a quote for a firm, escrow-protected offer.
How available is Platinum to source?
Platinum carries a Genesis Sourcing Index of 95/100 (Excellent), based on 59 verified suppliers across 10 countries on the network and live benchmark pricing. Sourcing is strong — competitive firm offers typically return fast.
Who are verified suppliers of Platinum?
Genesis Trade lists verified Platinum suppliers and exporters worldwide, including Platinum Commodities L.L.C-FZ, Platinum Resources Pty Ltd, The Trustee For Rev Platinum Trading Trust, The Trustee For Platinum Trading Trust. Every transaction is escrow-protected.
How do I buy Platinum safely?
Request a quote on Genesis Trade. Payment is held by Escrow.com — a US-licensed, regulated escrow provider — and released only after independent inspection and your confirmation of the goods.