🇮🇸Platinum Rate in Iceland Today
The platinum rate in Iceland today is ISK 6,619 per gram for 22K, based on an international spot price of $1,854.00 per troy ounce. That is down ISK 60.33 from the previous close.
Platinum rate in Iceland — all karats and weights
| Weight | 24K | 22K | 21K | 18K | 14K |
|---|---|---|---|---|---|
| 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 6,619 per gram for 22K, 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.