Platinum Rate in South Africa

South Africa Platinum Rate Today

Platinum Rate in South Africa per Gram

ZAR 431.69 | INR 2,319.23

Platinum Rate in South Africa per Tola

ZAR 5,035.12 | INR 27,051.08

Platinum Rate in South Africa per Pavan

ZAR 3,453.50 | INR 18,553.86

Platinum Rate in South Africa per Ounce

ZAR 13,426.99 | INR 72,136.21

Platinum Rate in South Africa

Last updated on May 28, 2024

Quantity South African Rand Rupees Dollar
1 Gram ZAR 431.69 INR 2,319.23 USD 33.73
1 Tola ZAR 5,035.12 INR 27,051.08 USD 393.38
10 Grams ZAR 4,316.88 INR 23,192.33 USD 337.26
1 Sovereign ZAR 3,453.50 INR 18,553.86 USD 269.81
10 Tolas ZAR 50,351.21 INR 270,510.80 USD 3,933.75
1 Ounce ZAR 13,426.99 INR 72,136.21 USD 1,049.00
1 Kilogram ZAR 431,687.76 INR 2,319,233.08 USD 33,726.13

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Platinum Price in South Africa

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Check today's platinum rate in South Africa per gram, platinum rate per tola today in South Africa, todays platinum rate per 10 grams in South Africa and today platinum price per kilogram in South Africa. Also find platinum rate history in South Africa, historical platinum rate chart in South Africa.

South Africa Platinum Rate History

Date 1 Gram 1 Tola 1 Ounce 1 Kilo
May 28, 2024 PM ZAR 431.69 ZAR 5,035.12 ZAR 13,426.99 ZAR 431,687.76
May 28, 2024 AM ZAR 431.28 ZAR 5,030.32 ZAR 13,414.19 ZAR 431,276.24
May 27, 2024 PM ZAR 421.81 ZAR 4,919.92 ZAR 13,119.80 ZAR 421,811.20
May 27, 2024 AM ZAR 419.34 ZAR 4,891.12 ZAR 13,043.00 ZAR 419,342.07
May 23, 2024 PM ZAR 427.16 ZAR 4,982.32 ZAR 13,286.19 ZAR 427,161.00
May 23, 2024 AM ZAR 432.92 ZAR 5,049.52 ZAR 13,465.39 ZAR 432,922.33
May 22, 2024 PM ZAR 433.33 ZAR 5,054.32 ZAR 13,478.19 ZAR 433,333.85
May 22, 2024 AM ZAR 432.92 ZAR 5,049.52 ZAR 13,465.39 ZAR 432,922.33
May 21, 2024 PM ZAR 433.75 ZAR 5,059.12 ZAR 13,490.99 ZAR 433,745.37
May 21, 2024 AM ZAR 425.10 ZAR 4,958.32 ZAR 13,222.19 ZAR 425,103.39
May 20, 2024 PM ZAR 434.98 ZAR 5,073.52 ZAR 13,529.39 ZAR 434,979.94
May 20, 2024 AM ZAR 445.27 ZAR 5,193.52 ZAR 13,849.38 ZAR 445,268.02
May 19, 2024 PM ZAR 438.27 ZAR 5,111.92 ZAR 13,631.79 ZAR 438,272.13
May 19, 2024 AM ZAR 438.27 ZAR 5,111.92 ZAR 13,631.79 ZAR 438,272.13
May 18, 2024 PM ZAR 438.27 ZAR 5,111.92 ZAR 13,631.79 ZAR 438,272.13
May 18, 2024 AM ZAR 438.27 ZAR 5,111.92 ZAR 13,631.79 ZAR 438,272.13
May 17, 2024 PM ZAR 438.27 ZAR 5,111.92 ZAR 13,631.79 ZAR 438,272.13
May 17, 2024 AM ZAR 435.39 ZAR 5,078.32 ZAR 13,542.19 ZAR 435,391.47
May 16, 2024 PM ZAR 437.04 ZAR 5,097.52 ZAR 13,593.39 ZAR 437,037.56
May 16, 2024 AM ZAR 438.68 ZAR 5,116.72 ZAR 13,644.59 ZAR 438,683.65
May 15, 2024 PM ZAR 431.69 ZAR 5,035.12 ZAR 13,426.99 ZAR 431,687.76
May 15, 2024 AM ZAR 430.86 ZAR 5,025.52 ZAR 13,401.39 ZAR 430,864.71
May 14, 2024 PM ZAR 417.70 ZAR 4,871.92 ZAR 12,991.80 ZAR 417,695.97
May 14, 2024 AM ZAR 413.58 ZAR 4,823.92 ZAR 12,863.80 ZAR 413,580.74
May 13, 2024 PM ZAR 413.58 ZAR 4,823.92 ZAR 12,863.80 ZAR 413,580.74
May 13, 2024 AM ZAR 411.11 ZAR 4,795.13 ZAR 12,787.00 ZAR 411,111.60
May 12, 2024 PM ZAR 407.41 ZAR 4,751.93 ZAR 12,671.80 ZAR 407,407.89
May 12, 2024 AM ZAR 407.41 ZAR 4,751.93 ZAR 12,671.80 ZAR 407,407.89
May 11, 2024 PM ZAR 407.41 ZAR 4,751.93 ZAR 12,671.80 ZAR 407,407.89
May 11, 2024 AM ZAR 407.41 ZAR 4,751.93 ZAR 12,671.80 ZAR 407,407.89
May 10, 2024 PM ZAR 407.41 ZAR 4,751.93 ZAR 12,671.80 ZAR 407,407.89

Frequently Asked Questions

What is the price of platinum in South Africa today?

Today, the platinum price per gram in South Africa is ZAR 431.69, today's platinum price per tola in South Africa is ZAR 5,035.12, platinum price per ounce today in South Africa is ZAR 13,426.99, today's platinum price per kilogram in South Africa is ZAR 431,687.76. Today, the platinum price per 10 grams in South Africa is ZAR 4,316.88, today's platinum price per sovereign in South Africa is ZAR 3,453.50, platinum price per ten tola today in South Africa is ZAR 50,351.21 and today's platinum price per pavan in South Africa is ZAR 3,453.50.

What was the price of platinum in South Africa yesterday?

Yesterday, the platinum price per gram in South Africa was ZAR 421.81, yesterday's platinum price per tola in South Africa was ZAR 4,919.92, platinum price per ounce yesterday in South Africa was ZAR 13,119.80, yesterday's platinum price per kilogram in South Africa was ZAR 421,811.20. Yesterday, the platinum price per 10 grams in South Africa was ZAR 4,218.11, yesterday's platinum price per sovereign in South Africa was ZAR 3,374.49, platinum price per ten tola yesterday in South Africa was ZAR 49,199.23 and yesterday's platinum price per pavan in South Africa was ZAR 3,374.49.

What is the platinum rate in South Africa in Indian Rupees?

Platinum rate per gram in South Africa in Indian Rupees is INR 2,319.23 and platinum price per tola in South Africa in Indian Rupees is INR 27,051.08. Standard platinum rate in South Africa per ounce is 72,136.21 Indian Rupees and the platinum price per kilogram in South Africa is 2,319,233.08 Indian Rupees.

What is the price of platinum bars, biscuits and coins in South Africa?

1 kg pure platinum bar price in South Africa is 431,687.76 Rand and 10 tola pure platinum biscuit rate in South Africa is 50,351.21 Rand. 1 oz platinum bar price in South Africa is 13,426.99 Rand and 1 sovereign platinum coin rate in South Africa is 3,453.50 Rand. Platinum bars per ten tola in South Africa is ZAR 50,351.21 and platinum biscuits per pavan in South Africa is ZAR 3,453.50. Platinum coins per 10 grams in South Africa is ZAR 4,316.88.

What was the highest and lowest platinum rate in South Africa?

In last 1 year, the highest platinum rate was recorded on 20-May-2024, which was as high as ZAR 445.27 per gram and the lowest platinum rate was recorded on 18-Apr-2024, which was as low as ZAR 11.72 per gram. Platinum price in last one year fell as low as ZAR 364.41 on 18-Apr-2024 per ounce and the platinum rate rose as high as ZAR 13,849.38 on 20-May-2024 per ounce.

How is platinum measured in South Africa?

Jewellery shops across South Africa buy and sell platinum in grams, tolas, sovereigns, pavans, ounces and kilograms. 1 gram of platinum is equal to 1000 milligrams. 1 tola of platinum is equal to 11.6638038 grams, 1 sovereign of platinum is equal to 8 grams, 1 pavan of platinum is equal to 8 grams, 1 ounce of platinum is equal to 31.1034768 grams, 1 kg of platinum is equal to 1000 grams. Platinum bars are sold in kilos. Platinum biscuits are sold in ounces. Platinum coins are sold in grams, tolas, sovereigns or pavans.

What are the different gold hallmarks in South Africa?

List of South Africa gold hallmarks are 375 hallmark gold (9 karat gold), 585 hallmark gold (14 karat gold), 750 hallmark gold (18 karat gold), 875 hallmark gold (21 karat gold), 916 hallmark gold (22 karat gold), 958 hallmark gold (23 karat gold) and 999 hallmark gold (24 karat gold).

What are the different carats in gold across South Africa?

Gold Carat (CT) or Karat (KT or K) is used to represent fineness of gold present in jewellery. The different carats of gold jewellery sold in South Africa are 24 carat gold (pure gold), 23 carat gold, 22 carat gold (standard gold), 21 carat gold, 20 carat gold, 19 carat gold, 18 carat gold, 17 carat gold, 16 carat gold, 15 carat gold, 14 carat gold, 13 carat gold, 12 carat gold, 11 carat gold, 10 carat gold, 9 carat gold and 8 carat gold.

What are the different gold colours in South Africa?

Gold jewellery in South Africa is available in different colours. Yellow Gold colour is the most popular colour used in jewelry showrooms across South Africa. White Gold color is also commonly used in South Africa jewellery stores. Rose Gold colour is also used in jewellery and Green Gold colour is also available in jewellery shops in South Africa.

How to invest in gold in South Africa?

Since your Rand is going to fall in value, Gold is the best place to preserve value. The best forms for gold ownership are through minted coins: one-ounce South African Krugerrands, Canadian Maple Leafs, or American Eagles. The recent explosion in Exchange Traded Funds (ETFs) presents an even more interesting way to invest in gold. An ETF is a type of mutual fund that trades on a stock exchange like an ordinary stock. The ETF’s exact portfolio is fixed in advance and does not change. For people who are hesitant to invest in physical gold, but still desire some exposure to the precious metal, Gold Mutual Funds provide a helpful alternative.

For the more sophisticated and experienced investor, Options allow you to speculate in gold prices. But in the options market, you can speculate on price movements in either direction. If you buy a call, you are hoping prices will rise. A call fixes the purchase price so the higher that price goes, the greater the margin between your fixed option price and current market price. When you buy a put, you expect the price to fall. Buying options is risky, and more people lose than win. In fact, about three-fourths of all options bought expire worthless. The options market is complex and requires experience and understanding. To generalize, options possess two key traits-one bad and one good. The good trait is that they enable an investor to control a large investment with a small and limited amount of money. The bad trait is that options expire within a fixed period of time. Thus, for the buyer time is the enemy because as the expiration date gets closer, an option’s “time value” disappears. Anyone investing in options needs to understand all of the risks before they spend money. The Futures market is far too complex for the vast majority of investors. Even experienced options investors recognize the high risk nature of the futures market. Considering the range of ways to get into the gold market, futures trading is the most complex and, while big fortunes could be made, they can also be lost in an instant.


Highest Last 30 Days

Weight Date Cost
Platinum / 1g 20-May-2024 ZAR 445.27
Platinum / 10g 20-May-2024 ZAR 4,452.68
Platinum / 1oz 20-May-2024 ZAR 13,849.38
Platinum / 1kg 20-May-2024 ZAR 445,268.02

Lowest Last 30 Days

Weight Date Cost
Platinum / 1g 29-Apr-2024 ZAR 379.42
Platinum / 10g 29-Apr-2024 ZAR 3,794.24
Platinum / 1oz 29-Apr-2024 ZAR 11,801.42
Platinum / 1kg 29-Apr-2024 ZAR 379,424.32

Disclaimer

Golden Chennai provides platinum price in South Africa obtained from sources believed to be reliable, but we do not guarantee their accuracy. Our platinum rate data are provided without warranty or claim of reliability. It is accepted by the site visitor on the condition that errors or omissions shall not be made the basis for any claim, demand or cause for action. The material on this website has no regard to the specific investment objectives, financial situation, or particular needs of any visitor. References made to third parties are based on information obtained from sources believed to be reliable but are not guaranteed as being accurate. Visitors should not regard it as a substitute for the exercise of their own judgment.