Platinum Calculator Australia
Work out the value of your platinum — scrap platinum, jewellery or bars — using live AUD platinum prices per gram and the platinum purity.
Precious Metal Calculator
Work out the value of your gold, silver or platinum using live spot prices in AUD.
• Estimated value only — actual buy prices vary by dealer, location and market conditions. Not financial advice.
What is a Platinum Calculator?
A platinum calculator estimates the value of your platinum based on its weight, purity and the current platinum price. It is useful for valuing scrap platinum, old rings, jewellery and bars before you sell.
How Platinum Value is Calculated
Enter the weight and choose the purity — the calculator multiplies weight × purity × platinum price per gram. A 5g 950 platinum ring contains 4.75g of pure platinum. Use Refresh live price for today's AUD spot price.
Platinum Purity Explained
Platinum jewellery is usually 950 (95% pure) or 900 (90%). 999 fine platinum is used for bars and bullion, while 850 and 750 appear in some older pieces. The purity stamp (for example 950 or PT950) is usually found on the inside of the item.
Is Platinum Worth More Than Gold?
Platinum is typically worth more per gram than gold on a pure-weight basis, but the price fluctuates with industrial demand — platinum is heavily used in catalytic converters. The calculator uses the current spot price so you always see today's value.
Frequently Asked Questions
How much is my scrap platinum worth?
Multiply the pure platinum weight (weight × purity) by the current platinum price per gram. Use this calculator with the live price for an instant estimate.
What is platinum worth per gram?
The platinum spot price per gram is the price per troy ounce divided by 31.1. The calculator shows this when you refresh the live price.
How is platinum value calculated?
Value = weight × purity × price per gram. For example, a 5g 950 platinum ring contains 4.75g of pure platinum.
Is platinum worth more than gold?
Often yes on a pure-weight basis, but platinum prices move with industrial demand and can fall below gold. Check the live price in the calculator for today's comparison.
Where to sell platinum in Australia?
Precious metal dealers and licensed buyers purchase scrap platinum. Compare quotes from several dealers before selling.