🇲🇾 Malaysia
Platinum Price in Malaysia Today (MYR)
Live platinum spot rate in Malaysia, quoted in MYR. Updated every minute.
Platinum per Gram
RM236.48
MYR · Malaysia · updated live
Platinum / Gram
RM236.48
Platinum / Troy Ounce
RM7,355.45
Platinum / Tola
RM2,758.29
Platinum / Kilogram
RM236,483.09
Platinum price in Malaysia by unit
Global platinum per unit
About platinum in Malaysia
Platinum market in Malaysia
The platinum market in Malaysia tracks the London Bullion Market Association (LBMA) spot benchmark. Retail rates are converted from USD into MYR using the daily interbank exchange rate, then adjusted for local premiums, dealer margins and demand.
Taxes and import duties
Import duty and value-added tax in Malaysia vary by platinum form. Investment-grade bullion (platinum of 99.95% purity or higher) is often exempt from VAT in many jurisdictions, while jewellery attracts standard VAT plus a making charge.
Popular purities
Investment platinum in Malaysia is typically sold as 99.95%-pure bars and coins from LBMA-accredited refiners. Always request an assay certificate.
Where to buy platinum in Malaysia
Licensed bullion dealers, national mints, major bank branches and government-authorised jewellery associations are the safest routes in Malaysia. Online marketplaces and unlisted shops carry higher counterfeit risk and wider spreads.
Buying tip
Compare the shop's quoted per-gram rate against the live LBMA spot converted at the day's MYR rate. A premium over spot of 3–7% for coins and 1–4% for bars is normal — anything higher is usually the making charge.