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Gold $4,641.30 ▲0.80% Silver $68.20 ▼1.32% Platinum $1,854.00 ▼1.75% Palladium $1,347.00 ▼1.75% per troy ounce · live spot
Live · updated 1 month ago

🇮🇸Platinum Rate in Iceland Today

The platinum rate in Iceland today is ISK 5,415 per gram for 18K, based on an international spot price of $1,854.00 per troy ounce. That is down ISK 49.36 from the previous close.

18K Platinum · per gram
ISK 5,415
ISK per gram · 1 g
▼ ISK 49.36 (0.90%) vs previous close (COMEX futures)
Spot $1,854.00/oz · 1 USD = 121.13 ISK
Last 12 months · 18K per gram
▲ 16.28%
Oct 2025 Aug 2026
COMEX futures closes Low ISK 4,393 High ISK 8,331 217 sessions

Platinum rate in Iceland — all karats and weights

Weight 24K22K21K18K14K
1 Gram (1 g) ISK 7,220 ISK 6,619 ISK 6,318 ISK 5,415 ISK 4,212
1 Troy Ounce (31.1035 g) ISK 224,575 ISK 205,861 ISK 196,503 ISK 168,431 ISK 131,002
1 Kilogram (1,000 g) ISK 7,220,263 ISK 6,618,574 ISK 6,317,730 ISK 5,415,197 ISK 4,211,820

All figures in ISK (Krona). Purity follows the karat/24 standard: 22K is 91.67% gold, 21K is 87.5%, 18K is 75%.

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Platinum rate in Iceland — questions

What is the platinum rate in Iceland today?

The platinum rate in Iceland today is ISK 5,415 per gram for 18K, and ISK 7,220 per gram for 24K. These are live figures converted from international spot at the current ISK exchange rate.

What is the price of 1 gram of gold in Iceland?

One gram of 24K platinum costs ISK 7,220 in Iceland, and 22K costs ISK 6,619 per gram. 18K works out at ISK 5,415.

Why is 22K cheaper than 24K in Iceland?

22K gold is 91.67% pure — 22 parts gold to 24 — so it contains less gold by weight than 24K, which is 99.9% pure. That is why 22K is ISK 601.69 less per gram here. The alloy makes it harder, which is why jewellery is usually 22K or below.

How often does this rate update?

The spot price refreshes continuously through the trading day and this page reflects the latest reading, last confirmed 1 month ago. Exchange rates refresh alongside it.

How this price is worked out. Gold trades in one global market, quoted in US dollars per troy ounce. The Iceland price above is that spot price converted into ISK at the current exchange rate, then scaled to the weight and purity shown — no estimate is involved at any step. What it does not include is the jeweller's making charge, wastage, or local taxes, which vary shop to shop. Use it as the metal value, not as a shop quote. Historical rows are converted at today's exchange rate, so they show how the metal moved rather than how the ISK moved.