How much is one ton of platinum worth?

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Answer

1176129

2026-05-08 06:26

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Answer:

On 10th April 2015 one metric tonne of platinum was worth:

  1. Approximately: £26M (GBP)
  2. Precisely: £25,720,597.29

Based on:

  1. The spot price of platinum on 10th April 2015 was approximately £800(GBP) per troy ounce.
  2. The number of troy ounces in a metric tonne is: 32150.7466

Background:

Precious metals prices such as platinum are measured from a given day's spot contract trades. This is used to give a spot price of the metal on a given day. Traders use this price when comparing the relative price over time.

See wikipedia:

  1. (wiki/Spot_contract)
  2. (wiki/Troy_ounce)

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