Gold And Platinum Prices In South Africa

Also optinally you can enter the gold price spread in percentage to calculate the bid and ask price of gold the default price spread is set at 5 percentage.

Gold and platinum prices in south africa.

About 80 of platinum reserves underground are located in south africa. The platinum price is strongly influenced by the mines in south africa. The highest and lowest platinum rate in last 7 days was zar 445 54 on 01 sep 2020 and zar 418 51 on 03 sep 2020 respectively in. 10 02 20 5 05 am utc.

South africa is the largest exporter of platinum in the world and has a 28 3 market share of a global annual export market worth 21 3 billion. And throughout this post 1971 full fiat currency era. Platinum charts in ounces grams kilograms. Check out these following long term charts on platinum prices versus gold prices in us dollar since the late 1800s.

South africa was once the world s largest gold producer however it has dropped to sixth place in recent years because of its mines age. Live 24h spot platinum price chart in zar south african rand. International financial markets data with updates every minute. More than two thirds of the yearly platinum production is produced by south africa.

You read that right in over 110 years. In comparison to gold the platinum price is dependent on the industrial demand and the mine production. Platinum price in south african in rand zar. Gold silver and platinum price today in south africa south african rand.

Platinum has not been this cheap vs gold since 1907 ad. Gold price quotes in ounce gram kilo pennyweight tola and tael in south african rand. On 05 09 2020 the platinum price was zar 420 84 per gram and zar 3 366 69 per 8 grams across south africa. In addition to live silver and platinum price and charts in more than 170 countries allover the world.

Enter the amount of gold in grams and kilograms and select the carat. Latest platinum prices in south african rands zar date time date time price unit change low high. This is the gold price calculator in south africa in south african rand zar. Even so the gold mining is still an important pillar of south african economy.

Gold charts gold fixes gold performance and ratios.