🇿🇦 South Africa
Platinum Price in South Africa Today (ZAR)
Live platinum spot rate in South Africa, quoted in ZAR. Updated every minute.
Platinum per Gram
R950.09
ZAR · South Africa · updated live
Platinum / Gram
R950.09
Platinum / Troy Ounce
R29,551.14
Platinum / Tola
R11,081.68
Platinum / Kilogram
R950,091.32
Platinum price in South Africa by unit
Global platinum per unit
About platinum in South Africa
Platinum market in South Africa
The platinum market in South Africa tracks the London Bullion Market Association (LBMA) spot benchmark. Retail rates are converted from USD into ZAR 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 South Africa 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 South Africa is typically sold as 99.95%-pure bars and coins from LBMA-accredited refiners. Always request an assay certificate.
Where to buy platinum in South Africa
Licensed bullion dealers, national mints, major bank branches and government-authorised jewellery associations are the safest routes in South Africa. 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 ZAR rate. A premium over spot of 3–7% for coins and 1–4% for bars is normal — anything higher is usually the making charge.