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Daily platinum closing price throughout the war in Ukraine (in U.S. dollars per ounce)

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Source

Release date

April 2022

Region

Worldwide

Survey time period

from February 21, 2022 to April 7, 2022

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Daily platinum closing price worldwide in February-April 2022

Published by
Doris Dokua Sasu,
Apr 8, 2022
On April 7, 2022, palladium prices rose to just under 1,000 U.S. dollars per ounce, up by some **** U.S. dollars day-over-day. This comes as Russia declared war in Ukraine, and G7 countries committed to economical sanctions on the country. Behind South Africa and the United Kingdom, Russia was the third largest exporter of platinum worldwide in 2019, with Moscow-based Norilsk Nickel ranking fifth among the leading platinum producing companies worldwide that same year. This market development comes in the midst of the automotive semiconductor shortage, while most platinum is used for autocatalyst.
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