Daily Platinum Market Price
Check the daily selling price of platinum daily. The price of platinum changes daily due to the exchange rate, so it is important to check the market price frequently in order to sell your platinum at the best price. ALLU offers the most competitive and unmatched prices for platinum ingots, coins, necklaces, and industrial scrap metal.
Platinum Market Price
*Updated:
Daily Market Price *Per Gram
| Pt1000 (Ingot) |
$
|
Pt1000 |
$
|
|---|---|---|---|
| Pt950 |
$
|
Pt900 |
$
|
| Pt850 |
$
|
| Pt900 / K18 (50-50) |
$
|
Pt850 / K18 (50-50) |
$
|
|---|
Platinum Market Price Chart
Pt1000 Ingot (Per Gram)
Platinum Market Price Simulation
Grade
Weight
Market Selling Price
- - Precautions Regarding Selling Gold and Precious Metals -
- *If the item's grade is unknown, we may ask you to leave the product with us temporarily to allow us to examine it accurately.
- *Due to the influence of the gold and platinum market, prices may fluctuate even within the same day.
- *Once sold, items will not be returned.
How to Sell
How to Sell Luxury Goods at ALLU
About Icons
The manufacturing and distribution process for brand products emits large amounts of carbon dioxide (CO2) and consumes large amounts of water. The images below represent the amounts of carbon dioxide and water consumption that can be reduced by reusing a product.
Carbon Dioxide (CO2) Reduction
CO2 reduction expressed by the amount of CO2 absorbed by a cedar tree annually.
Water Consumption Reduction
Water consumption reduction expressed by the volume of the 200-litre bathtub.
(Typical household bathtub size)
Our Calculation Method
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The 'Resale Impact' is not a display of an actual environmental reduction but rather a quantification of the environmental impact (CO2 emissions and water consumption) generated by the manufacturing and distribution process that can be theoretically omitted when a customer purchases a product we resell instead of a buying a brand new item of the same type. Since our calculation is predicated on the emissions in the omitted manufacturing and distribution process, actual reductions in environmental impact may differ from our projected estimate.
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Since our company does not manufacture goods, our calculations cover any resold goods (watches, bags, jewellery (including bullion), apparel, and accessories).
Our company does not check and verify the actual numerical value of each item's environmental impact (CO2 emission and water consumption) for our Resale Impact. Instead, we base our calculations on data from the LCA database "Gabi*" and estimate the total environmental impact of an item's entire life cycle, from the procurement of its materials to its disposal and/or recycling. Our calculations were overseen by a third-party consulting firm. -
Discrepancies in LCA results may occur due to differences in calculation assumptions or deficiencies in the manufacturing process.
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Due to revisions in calculations, the latest calculated values of products may differ from those shown on product tags, etc.
**GaBi is a software provided by Sphera Solutions GmbH that evaluates the sustainability of products' lifecycles.
What We Buy at ALLU
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Gold and Precious Metals
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Watches
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Brand Bags
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Brand Wallets
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Jewellery
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Accessories
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Brand Clothing
■ Items You Can Sell
Bags, pouches, tote bags, business bags, boston bags, clutches, travel bags, shoulder bags, wallets, card cases, passport holders, key cases, wristwatches, pair rings, rings, necklaces, pendants, piercings, earrings, brooches, bracelets, belts, pens, wrist bands, accessories, eyewear, scarves, bangles.
ALLU Offers Much More than High Selling Prices!
Reliable, credible, and trustworthy appraisals
Our staff undergo thorough training under the tutelage of specialists in various fields, such as watches and jewellery, that allow us to provide the most accurate, detailed, and credible appraisals. We conduct periodic in-house tests to ensure our employees maintain their expertise and develop new skills. As professionals, we constantly strive to improve our skills to provide the most competitive appraisals.
Focus on providing high-quality customer service
We make the selling process as simple as possible, and our staff ensures that our customers understand and are satisfied with each appraisal.
We purchase a wide variety of items and brands
We cater for an extensive range of items and brands and actively consider items in all conditions, even items our competitors may refuse to buy.
No selling quantity or price limits
For customers with large amounts or significantly expensive items, we buy and pay on the day without any limits in quantity or value.
Quick and easy appraisals
Through our expert proficiency and globally vast product data collection, we provide speedy appraisals with minimal waiting time.
Stress-free and private spaces
We strive to create the most stress-free selling experience with store spaces designed to ensure comfort and privacy.
Conveniently located stores
ALLU stores are located in central areas for convenient access. Feel free to stop by while shopping or on the way home.
Shop Information
Orchard Shop
360 Orchard Rd, #02-11/12 International Building, Singapore 238869
Tampines Shop
10 Tampines Central 1, Tampines 1, #03-27, 529536
Somerset Shop
111 Somerset Road Unit #02-10, 238164
Novena Shop
238 Thomson Road #02-17 Novena Square 307683
You Only Need an I.D. to Sell at ALLU!
- National Registration Identity Card (NRIC)
- Passport - For Foreign Customer
- Only one of the above forms of identification is required.
- We can not buy items from customers under the age of 18 years old.
- We do not accept identification documents that are expired or out-of-date.
- Corporate customers follow the same selling process as individual customers. No additional documentation is required.
Sell Your Gold, Platinum, and Silver at ALLU
Gold by Grade
Gold by Colour/Type
Gold by Accessories
Other Gold Items
Platinum by Grade
Other Platinum Items
Jewellery
｢Gold and Precious Metal Market Prices
We also purchase other gold, platinum, and silver items than those listed above. We welcome all items, even from 1 gram!
ALLU Frequently Asked Questions
How do you decide the selling price of gold, platinum and other precious metal accessories?
We measure the items you bring to us and derive the appraisal value based on the market price x weight. However, in some cases, if the item possesses an exceptional design as jewellery, we may consider the additional value.
My gold/precious metal does not have any engravings. Can I still get it appraised and sell it?
Can I sell broken items such as broken necklaces, rings with missing stones, or earrings with one pair missing?
How long does it take for an appraisal at the store?
Do scratches and stains affect the selling price?
In the case of ingots, depending on their condition, they may be treated as scrap, which may significantly affect the selling price. For other precious metal products, we will have to actually observe the item in question before making a decision.
Can I sell old coins and foreign gold coins?
Some commemorative and foreign gold coins have a premium value, as they are hard to obtain due to their small circulation. If you bring such gold coins to us, they may be worth more than ordinary precious metals.
When is the best time to sell gold and precious metals?
However, the market price of gold and precious metals fluctuates daily, so it is very important to notice the timing when the market price is high.
Is the selling price different for ingots and gold jewellery?
Ingots have their own values and prices: we can make an offer at the ingot price if the brand is recognised in our regulations. On the other hand, even if it is 24-karat gold, gold jewellery is treated as scrap, so that the price will be slightly lower.
Is there a difference in selling price between ingots with and without engraving?
The Allure of the Rare and Precious Platinum
Platinum is a precious metal with few natural deposits and thus is naturally scarce due to its high demand in fashion and as a key component in industrial manufacturing. ALLU has handled platinum jewellery for many years, and while it has been overtaken by gold in the precious metals markets, platinum still retains a high value. Here we will compare platinum to gold and briefly introduce platinum jewellery.
What is Platinum?
Platinum is a precious metal with limited production. Platinum is durable with high corrosion resistance, and platinum rings are a popular choice for wedding rings. However, platinum's primary use is not in jewellery but as an important component in various manufactured items and electronics. Platinum is particularly important in the car industry, used in catalytic converters and fuel cells. In the medical industry, capitalizing on its resistance to change within the body, platinum is also used in pacemakers.
Comparing Platinum and Gold
Gold and platinum have many common aspects and are often compared to one another. Both have been prised metals historically, and both are used in modern times in jewellery as well as in industrial products. Both metals are also used as a high-value assets for investment purposes. Platinum is 15-20 times scarcer than gold and has a high market value. Since 2015 gold markets have surpassed platinum in value. Due to platinum's value being tied to its high use in industrial products, it is subject to dramatic changes in price. The decline in the platinum market is often attributed to the global recession, where platinum demand fell as factories closed. Gold rose as platinum fell, accelerating the two markets' divergence. Gold tends to rise when there is market instability and is a generally market-resistant asset. Platinum, unlike gold, is less "recession-proof." Thus, during recessions, most investors favour gold.
Platinum Purity
Typically, platinum accessories use a platinum alloy that is mostly platinum mixed with trace amounts of another metal. One of the most common alloys used in accessories is the 900 pt which contains 90% platinum and 10% palladium. A benefit of alloys is that the combined metal is stronger and thus harder to damage. Another alloy is the 950 pt which is 95% or more pure platinum. According to their international standard, the Platinum Guild International only recognises jewellery consisting of 950 pt platinum alloys as real platinum jewellery. In accordance with this, most high-end jewellery only uses 950 pt alloys. It is also the case that, due to a rise in the price of palladium, the 950 pt alloy is often cheaper than the 900 pt alloy. 100% pure platinum is listed as 999 or 1000 pt, with 999 pt corresponding to a 99.9% purity. 100% pure platinum is thought to be logically impossible, so it is displayed with a small margin of error like this instead. We rarely deal with 999 pt platinum as it is less durable and has a darker, duller appearance.
The Platinum Trailblazer: Cartier
Cartier is a globally prestigious jewellery house. The first platinum accessories from Cartier were released under the third-generation owner of the brand—Louis Cartier. Louis would operate the brand from the late 1800s to the early 1900s. After years of research and development, the platinum processing technique was used in jewellery made in the brand's iconic "garland style." The garland style features extensive openwork in the metals with delicate and graceful designs. The use of highly-moldable platinum helped realize elements of this style, such as representations of delicate flowers or soft ribbons that would have otherwise been difficult to achieve. Platinum's lustre is a perfect complement to diamonds, especially smaller diamonds, and its ability to enhance gemstones has captivated many. The grace and delicacy of Cartier's platinum jewellery have also captured the attention of royalty. The genius of Cartier has been highly praised, even being referred to as "The Jeweller of Kings and The King of Jewellers." At ALLU, we are actively expanding our inventory of platinum jewellery. Our Value Designers at our storefronts can appraise a variety of platinum products. For accessories, we will also consider the product's value in our provided appraisal price. If you have any unused jewellery at home, take advantage of our services and request an appraisal at ALLU today.