Platinum Price in 1998

In 1998, the LBMA platinum price fell 6.8% — from $387 at the start of the year to $360 by year-end. It reached a high of $407 in March and a low of $334 in October, averaging $369 for the year.

1998 platinum price summary

CurrencyOpen (Jan)HighLowClose (Dec)Average
USD $387 $407 (March) $334 (October) $360 $369
GBP £235 £242 (March) £199 (October) £216 £222

Prices are the LBMA London fix per troy ounce, monthly close. EUR begins 1999.

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