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Platinum is a traded commodity so its cost varies according to its market. As of November 17, 2009 it traded at about US$1410 per troy ounce. A Troy ounce is 1.09711 "avoirdupois" (or regular) ounces or 31.1035 grams, so the cost per gram on that date was $45.33. Over the five years prior to this date, platinum ranged from about $800 to about $2000 per Troy ounce, or roughly $25 to $64 per gram.

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