Commodities

Platinum Rises 2.81% Wednesday But Remains Deep in Monthly Red

Platinum posted a modest single-day gain on November 4, 2026, though the metal is still down sharply over the past month.

By Love Wallet · November 4, 2026

Platinum Rises 2.81% Wednesday But Remains Deep in Monthly Red
Price
$1,463
24h
+2.81%
1 week
-4.64%
1 month
-15.37%

Platinum traded at $1,463.42 on November 4, 2026, adding 2.81% over the prior 24 hours. The daily advance offered some relief to market participants, though it did little to offset broader losses accumulated over recent weeks.

Over the past seven days, platinum has fallen 4.64%, reflecting persistent selling pressure across the near-term timeframe. The metal's 30-day decline stands at a steeper 15.37%, underscoring a more sustained pullback from levels seen a month ago.

Market capitalization data for platinum was not available. As a commodity, platinum's pricing is driven by spot market activity tied to industrial demand, mining supply, and broader macro conditions rather than a fixed outstanding supply figure.

The combination of a short-term bounce against a deteriorating longer-term trend places platinum in a technically mixed position as of Wednesday's session. The gap between the daily gain and the 30-day loss of 15.37% highlights the scale of the drawdown that preceded today's recovery.

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

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