Commodities

Platinum Falls 1.62% Friday, Down Nearly 13% Over Past Month

Platinum extended a broad decline Friday, shedding ground across every measured timeframe as the precious metal settled at $1,565.12.

By Love Wallet · October 23, 2026

Platinum Falls 1.62% Friday, Down Nearly 13% Over Past Month
Price
$1,565
24h
-1.62%
1 week
-4.65%
1 month
-12.60%

Platinum closed at $1,565.12 on October 23, 2026, marking a 1.62% drop over the prior 24 hours. The move continued a string of losses that has weighed on the metal through the recent trading period.

Over the past seven days, platinum has lost 4.65%, reflecting sustained selling pressure across the short-term window. The metal has now declined 12.60% over the trailing 30 days, making it one of the more notable pullbacks in the commodity's recent trading history.

Platinum trades in the spot market, and no market capitalization figure is available for the asset. The price action over all three measured timeframes — daily, weekly, and monthly — points uniformly lower, underscoring the breadth of the current downturn.

Friday's session did not reverse that trend. With platinum now more than twelve percent below its level from a month ago, the metal's 30-day trajectory remains the dominant feature of its recent price chart.

Market data is provided for informational purposes only and may be delayed. Nothing in this article is financial advice.

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