How to invest in platinum

Investing in platinum might not be your first thought when you think of this precious metal but it can be a popular choice.

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Platinum is perhaps less well known than its precious metal counterparts gold and silver. Like its more popular peers, platinum is used to make jewellery (particularly rings), but this dense and durable grey-coloured metal is also found in catalytic converters on cars, and there are even traces of it in some dental fillings and mobile phones. Platinum is much rarer and harder to mine than gold and silver, which makes it a more expensive commodity to buy – whether you are a consumer, manufacturer or investor.

Find out how you can go platinum and invest in this versatile metal.

Buying platinum bullion

Most people think of gold when it comes to shiny chunks of bullion, but you can also buy platinum bullion.

This can come in the form of coins (usually available to purchase from official government mints) or bars.

A platinum bullion bar can weigh from one ounce up to one kilogram or more, and is usually accompanied by a form of assay card or a certificate of authenticity, which contains various details on its purity and origin.

Platinum bullion is of a finer purity than the platinum found in jewellery and should be at least 99.95% pure (also referred to in the industry as 999.5 or .9995 pure).

Remember to check that you are buying bullion from a reputable dealer, and also factor in that you will probably want to pay for the cost of secure storage.

Pros

  • You have a physical asset that you can hold, store or sell on.
  • Coins and bullion are relatively easy to purchase.

Cons

  • You may need to pay for secure delivery and/or storage.
  • You should check the authenticity of the seller and the bullion itself.

Investing in platinum ETFs

For investors looking to the stock market to make returns from platinum, then ETFs (or exchange traded funds) are an option to consider. These are funds that invest in a basket of different things – such as equities, bonds and commodities – and you can find more detailed information on them in Finder’s ETF guide.

ETFs are a popular choice among both novice and experienced investors, because they can help diversify portfolios and reduce risk by collectively investing in a range of assets. And they also have the ability to hone in on specific industries or commodities, if that is what you’re looking for.

There are various platinum-focused funds to choose from on the world’s stock markets, which will invest in things like platinum bullion, platinum futures contracts or platinum mining companies.

Major platinum ETFs include:

  • Aberdeen Standard Platinum Shares EFT (PPLT)
  • GraniteShares Platinum Trust (PLTM)
  • iPath Series B Bloomberg Platinum Subindex Total Return ETN (PGM)

But if you’d like a more limited exposure to platinum then there are also funds that include platinum as part of their wider investment portfolios, or ETFs that track the precious metals sector as a whole.

Pros

  • ETFs can give you access to a range of platinum-related investments.
  • A good option if you don’t want to single out one company to invest in.

Cons

  • You don’t get to choose the individual investments yourself, this is done by the fund managers.
  • There will be a fund management fee to pay.

Buying shares in platinum mining companies

If you’re more interested in buying specific shares in platinum-related companies, then purchasing stocks in platinum mining companies could be for you.

As platinum is scarcer and more difficult to extract than gold or silver, there are fewer mining companies in this part of the precious metals sector, but some of the world’s largest platinum mining firms include Anglo American Platinum, Impala Platinum Holdings, Tharisa and Sibanye Stillwater.

The financial performance of any mining company can depend on a number of factors, such as demand for the metal being mined; a fluctuation in global prices for the raw material; availability of the raw material, for example, if certain mining seams begin to run out; environmental issues surrounding the mining process; local issues affecting the mining extraction, for example, civil unrest or a striking workforce; and wider economic global issues, such as a recession.

Pros

  • Choosing the right stocks can generate promising returns.

Cons

  • The value of your shares could go down as well as up.

If you want to start investing either in EFTs or company shares, you can do so through a broker or by signing up to a share trading platform. Weigh up your options by reading our investment guides, and compare share trading platforms using the table below.

Platinum stock 5-year performance (to Jan. '26) Link
Franco-Nevada Corporation (FNV) Franco-Nevada Corporation icon 119.37% Invest Capital at risk
Sibanye Gold Ltd ADR (SBSW) Sibanye Gold Ltd ADR icon 34.43% Invest Capital at risk
Valterra Platinum Limited (ANGPY) Valterra Platinum Limited icon 6.05% Invest Capital at risk
Jubilee Metals Group PLC (JUBPF) Jubilee Metals Group PLC icon -61.11% Invest Capital at risk
ASA Gold and Precious Metals Ltd (ASA) ASA Gold and Precious Metals Ltd icon 242.19% Invest Capital at risk

Note that ASA Gold is an investment manager. It invests in public equity markets across the globe, primarily in stocks of companies involved in exploration, mining or processing of gold, silver, platinum, diamonds, or other precious minerals. It also invests in similarly-themed ETFs.

And despite the name, Sibanye Gold (AKA “Sibanye-Stillwater”) is one of the world’s largest primary producers of platinum. The extraction of gold and platinum is often a shared process because the two elements frequently coexist in the same ore deposits.

Compare these providers to invest in platinum

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$50
£0
N/A
£0
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£0
£0
£0
£0
Free share: Get up to £1,000 of US stocks when you invest at least £300 by 27 February. Use code 'FREESHARES1K'. New customers only. Offer valid until 27/02/2026 on ISA, GIA or SIPP accounts. Capital at risk. T&Cs apply.
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£0
£0
N/A
£0
Free share: Get a free share worth up to £100 when you sign up and deposit at least £50. Capital at risk. T&Cs apply.
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XTB
Free Trades
£0
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N/A
£0
Free share: Free Rolls-Royce share for new XTB customers who join and make a deposit. Use code 'FNSHARE'. T&Cs apply. Capital at risk.
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InvestEngine
Finder AwardFree TradesFunds Only
£100
£0
N/A
0% - 0.25%
Welcome bonus: Get a welcome bonus of up to £100 when you invest at least £100. Use code 'FINDER'. Capital at risk. T&Cs apply.
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£1
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£5.95
£0 (0.45% for funds)
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All investing should be regarded as longer term. The value of your investments can go up and down, and you may get back less than you invest. Past performance is no guarantee of future results. If you’re not sure which investments are right for you, please seek out a financial adviser. Capital at risk.


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Michelle Stevens is a deputy editor at Finder, specialising in banking, credit, loans and mortgages. She has a journalism degree from the University of Sheffield and has been a journalist for 15 years, writing on topics including fintech, payment systems and retail. In her spare time, Michelle likes to travel, explore new foodie experiences and attempt to improve her own culinary skills. See full bio

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