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Highest UK .950 platinum prices per gram - it's a great time to sell

Sell your 950 platinum face to face or via our fast postal service. We pay substantially more than companies who sent out 'free' envelopes.

950 Platinum is the standard and most common purity for platinum jewellery in the UK. As the name suggests, it is 95% pure with the remaining 5% being other metals to complete the alloy mix.

We buy all types of .950 Platinum, whether hallmarked or non-hallmarked, and our rates remain the same for both.

You can sell your platinum to us using our fast and efficient postal service or by visiting one of our locations for a face-to-face transaction.

View a full summary of all our scrap platinum prices here:

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Platinum Pricing

Our 950 Platinum Prices

Our .950 Platinum price per gram rate quoted below is the rate we currently pay our customers. No fees are deducted for testing, processing, or refining.

If you visit us today (Monday to Friday), our valuation will be calculated according to the rate shown on this page. Postal customers have their valuation calculated on the rates quoted on the day we receive the package.

Purity £ per Gram £ per Ounce £ per Troy Ounce
950 (95%) Platinum £24.26 £687.76 £754.56
999 (Scrap) Platinum £25.54 £724.05 £794.37
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Please note

* The platinum rate quoted above is using our scrap platinum rates.

** The platinum rate quoted above is using our bullion platinum rates.

How much is 950 platinum per gram worth today?

Right now, on 8th July 2025, the live 'spot' price of 950 platinum is £30.65 / gram. As this is a live price, it is changing all the time. All dealers will offer you a price below this figure, as the cost of processing platinum can be quite expensive.

Gold Traders is currently paying £24.26 / g for .950 platinum and we pay on the day of receipt (Monday to Friday).

How will I know if my item is 950 platinum?

Read our simple platinum hallmark guide to learn tips for identifying platinum hallmarks. If you're unsure, we will X-ray all your items to confirm their purity.

Why choose Gold Traders for selling 950 platinum

We are an established precious metals business that has been in business since 2008. Unlike our freepost competitors who don't like to disclose the real rates they genuinely pay their customers, we're open and transparent with our rates.

We were the first precious metals company in the UK to attain UK Trading Standards accreditation through their national Buy With Confidence scheme.

  • Expert Knowledge: Our specialists focus on precious metals, ensuring you receive a highly accurate valuation. If you have any questions, ask to speak to a specialist when you call us.
  • Competitive Offers: We adjust our prices in line with market rates, guaranteeing top value for your 950 platinum.
  • Fast & Secure Process: We simplify the entire selling experience, from valuation to final payment.
  • Reputable Service: Our business is built on trust, transparency, and customer satisfaction, so you can sell your platinum with confidence.

Ready to Sell Your .950 Platinum?

If you’re interested in selling 950 platinum jewellery or scrap, our friendly and knowledgeable team is ready to guide you through every step. We pride ourselves on accurate valuations, transparent pricing, and fast payments - ensuring you get the maximum return for your platinum pieces.

Fill out our Claim Form or contact us today to learn more about our 950 platinum buying service or request a free, no-obligation quote. Let us help you turn your unwanted or unused platinum into immediate cash at the best possible price.

We buy Platinum

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Enter the weight in grams of your items below.

Gold (Au)

Silver (Ag)

Platinum (Pt)

Palladium (Pd)

Your questions answered

We've compiled a list of our most frequently asked questions. If there's something we haven't covered, please call us & we'll be happy to help. Read all FAQs.

Subject to you giving us timely authorisation of payment, we will pay you on the day of receipt (Monday to Friday). 

950 platinum refers to the amount of pure platinum contained in the alloy mix, used in the item of jewellery. 

It is 95% pure platinum, with the other 5% being another metal, such as gold, palladium, iridium or ruthenium.

Platinum, in its pure form, is not magnetic and is thus referred to as paramagnetic. In addition, most platinum alloys used in the making of jewellery are also non-magnetic.

The most common metals alloyed with platinum for jewellery are gold, palladium, iridium and ruthenium.

Palladium and cobalt

Occasionally, platinum is alloyed with cobalt, which is a magnetic metal and will therefore display a very slight magnetic attraction.

As an internationally traded commodity, the market rate for precious metals changes minute by minute. To be transparent, we publish the live market metal prices so that you can compare our rates with the live price.

If you scroll back up this page, you'll see the rates we pay.

You will probably come across other dealers who quote their 'scrap' prices at surprisingly similar rates to the live metal price. Be very wary of sending your items to a dealer who only quotes the live price. Please remember the dealer is looking to make a profit, and they will have their overheads to cover. You will never receive the live metal price for scrap gold, silver, platinum or palladium from any dealer.

If you read their small print very carefully, you'll likely discover that the 'price' they quote online isn't a genuine indication of what you're likely to receive. These dealers can offer you between 40% - 60% of the actual value of your items.

Helpful resources from Gold Traders

If you find prices better than ours, let us know! We'll always aim to match it or help you to spot any hidden fees that other companies may try to hide.

  • Genuine Valuation

    The prices quoted are the rates we're paying. Beware of companies that send 'free' envelopes.

  • Same day payment

    Visit our secure counter and we'll pay you today. If we receive your gold tomorrow, we'll pay you tomorrow (Monday to Friday).

  • Easy Returns

    If you change your mind within 24 hours, we'll return your items free of charge.