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Buy 1 troy ounce of platinum

When you are considering adding 1 troy ounce of platinum to your portfolio, you are choosing a precious metal that is rarer than gold and plays a crucial role in modern industry. Through GoldRepublic you invest in physical platinum and benefit from maximum security, quality and transparency.

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Physical platinum bar of 1 troy ounce

1 troy ounce of platinum equals 31.1034768 grams. A “troy ounce” (also written as ‘toz’) is a globally common measure for expressing the weight of precious metals such as platinum.

Many other providers sell 1 toz of platinum in the form of platinum coins, but at GoldRepublic you buy platinum as part of a larger physical platinum bar.

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Specifications of 1 troy ounce platinum:

Origin
LBMA-certified refineries such as Umicore, Agosi, Argor-Heraeus, and Valcambi.
Bart type
Part of a larger gold bar or an individual 1 troy ounce bar
Weight
31,103 gram (1 troy ounce)
Current price
[real_day_price amount="1" metal="pt" unit="toz" ]
Dimensions
Various dimensions, depending on the platinum bar
Purity
999.5/1000 (pure platinum)
Identification
Unique serial number, refiner's stamp, year of production
Tradability
Tradable worldwide with instant liquidity through our buy-back guarantee

Why buy 1 troy ounce of platinum at GoldRepublic?

1 troy ounce of platinum equals 31.103 grams. It is a common weight in which platinum and other precious metals such as silver and gold are traded worldwide.

Platinum is a rare precious metal that is considerably scarcer than gold or silver. This also makes the price of platinum more volatile. Like silver, platinum is also used for industrial applications. As a result, global industrial demand for platinum also influences the platinum price.

Through GoldRepublic you buy physical platinum (from just 1 gram or from $50). You become the legal owner and your platinum is stored in third-party managed vaults in Switzerland. As a result you pay no VAT on your platinum purchase, which logically gives you a major advantage.

In addition, your troy ounce of platinum is insured against loss, damage and theft. You do not have to pay extra for this; the insurance is already included in the storage costs you pay monthly.

The quality and origin of your platinum

The integrity of your investment begins at the source. The platinum bars you buy through our platform go straight from the recognized refinery into the secured vault. This means the chain of custody (“chain of integrity”) is fully closed and guaranteed.

We work exclusively with internationally recognized, PGM (Platinum Group Metals) certified refineries. Every bar has a purity of at least 99.5%.

The quality of the precious metal is also continuously monitored. An external auditor carries out periodic checks on the holdings. This gives you the absolute certainty that your 1 troy ounce of platinum meets the highest purity requirements and that the physical backing of your account is beyond doubt.

Saving up 1 troy ounce of platinum

Besides making a one-off purchase of 1 troy ounce of platinum at GoldRepublic, you can also choose to save platinum periodically. This allows you to buy a certain amount of platinum at a fixed time (once a week, every two weeks or monthly). You can start from as little as 1 gram or $50 per time. This way, you gradually build up your platinum holdings and spread your purchase times, reducing the risk of entering the market at an unfavourable moment.

Frequently asked questions

Hoeveel gram is 1 troy ounce platina?

1 troy ounce platina komt overeen met 31,103 gram. Een troy ounce is zwaarder dan een gewone ounce, die ongeveer 28,35 gram weegt. Het is de internationale standaardmaat waarin platina en andere edelmetalen worden gewogen en verhandeld, waardoor uw baar wereldwijd herkenbaar en goed verhandelbaar is.

Why is 1 troy ounce a common weight for platinum?

The platinum price is quoted internationally in dollars per troy ounce, which makes this weight the natural unit to invest in. 1 troy ounce is large enough for a serious position, yet remains accessible. This makes it one of the most traded and recognisable weights for physical platinum.

Do I buy 1 troy ounce of platinum as a coin or as a bar?

At GoldRepublic you do not buy a separate platinum coin or bar of exactly one ounce, but a share of 1 troy ounce in a larger, professional platinum bar. You are the legal owner of that share. This is usually priced more favourably than a single 1 ounce coin, because the production costs per gram are lower.

Voor wie is 1 troy ounce platina kopen geschikt?

1 troy ounce is een geschikte instaphoeveelheid voor wie fysiek platina aan de portefeuille wil toevoegen zonder direct een groot bedrag in te leggen. Het is populair bij beleggers die willen spreiden buiten goud en zilver, omdat platina schaarser is en een eigen prijsbeweging kent. Ook voor stapsgewijze opbouw is dit gewicht geschikt.

Is 1 troy ounce of platinum more expensive per gram than a larger bar?

No. Because you buy a share in a larger bar, the same conditions apply to 1 troy ounce as to larger quantities. You pay a fixed percentage in transaction costs, regardless of whether you purchase one troy ounce or more. This way you avoid the higher production premiums that often apply to individual platinum bars or coins.

Is 1 troy ounce of platinum always at least 99.5% pure?

Yes. The platinum you buy through GoldRepublic has a purity of at least 99.5% and comes from internationally recognised, PGM certified refineries. This purity is the international standard for investment platinum, which makes your troy ounce tradable worldwide. In addition, an external auditor checks the holdings periodically.