Platinum adds $6.00 to $1,829.00, Kitco's only riser
Kitco's bid put gold at $4,399.10, silver at $65.946 and palladium at $1,371.00, all three lower on the board's own session change. The gold-silver ratio narrowed to 66.7 ounces from 67.1 at the 7 September mark.
By The Prices Desk
What changed
Platinum turned, three did not. Platinum added $6.00 to $1,829.00 an ounce on Kitco's bid, the only one of the four metals higher on the board's own session change. Gold and palladium sat below the 7 September marks.
What it means
- If you cost platinum settings: re-quote. The metal is $14.00 dearer than the 7 September mark.
- If you buy scrap over the counter: gold moved the other way, to $4,399.10, $4.80 under the 7 September mark.
- What this is not: a rotation. One session, and no source read named a cause.
Key figures
| Platinumup $6.00, the only riser | $1,829.00 |
|---|---|
| Golddown $6.00 on the session | $4,399.10 |
| Silverdown $0.101, or 0.1529% | $65.946 |
| Palladiumdown $3.00, widest spread | $1,371.00 |
Source: Kitco bid · 8 September 2026, 10:04 UTC · change is Kitco's own printed session change
Platinum was Kitco's only riser
Six dollars each way. Platinum added $6.00 to $1,829.00 while gold shed $6.00 to $4,399.10, the same figure in opposite directions on one board.
The second board agreed. Business Insider quoted platinum at $1,829.50, 0.246% from Kitco's mid, and above the $1,815.00 mark printed here on 7 September.
| Metal | Bid | Change | Session range |
|---|---|---|---|
| Gold | $4,399.10 | −$6.00, −0.1362% | $4,387.10 – $4,443.90 |
| Silver | $65.946 | −$0.101, −0.1529% | $65.566 – $67.289 |
| Platinum | $1,829.00 | +$6.00, +0.3291% | $1,813.00 – $1,853.00 |
| Palladium | $1,371.00 | −$3.00, −0.2183% | $1,361.00 – $1,432.00 |
Source. Kitco, read at 10:04 UTC on 8 September 2026.
Marks. are Kitco's bid, the basis the Carat Capital price desk carries.
Change. is Kitco's own printed session change, measured against Kitco's prior close, not against Carat Capital's 7 September marks. Against those marks gold fell $4.80, silver rose $0.350, platinum rose $14.00 and palladium fell $6.00.
The ratio narrowed to 66.7
Silver gained on gold. It takes 66.7 ounces of silver to buy an ounce of gold, against 67.1 at the 7 September marks.
Gold ranged $56.80. Gold covered $56.80 between $4,387.10 and $4,443.90 on the session, more than nine times the fall it printed.
Palladium carries the widest spread
Forty dollars asked. Palladium is bid $1,371.00 against $1,411.00 asked, a spread of 2.9176% of the bid, the pattern carried since 31 August.
Palladium ranged $71.00. The metal traded between $1,361.00 and $1,432.00, the widest range of the four in dollar terms.
What to watch
- 9 SepThe next session mark, and whether platinum holds above $1,815.00.
- SepChina's SAFE monthly reserves statement, for official gold buying in August.
- 17 SepFH Swiss August export figures, the demand read on precious-metal watch cases.
The story so far
- Gold sheds $25.10 to $4,403.90Three metals lower on a board that traded through the holiday.
- $119.30 back on goldGold's first higher mark since 28 August.
- Spread wider than the fallPalladium's bid-ask spread was 2.91% of the bid.
Go deeper
Corrections
Correction, 9 September 2026. This article first gave platinum's 7 September mark as $1,823.00 and labelled Kitco's printed session change as change against the 7 September mark. Both were wrong. This paper's own 7 September edition and tape file carry platinum at $1,815.00. The $1,823.00 figure was read from no source: it was derived by subtracting Kitco's $6.00 session change from the 8 September bid, and Kitco measures that change against its own prior close, not against this paper's 10:04 UTC read the day before. Measured against the marks this paper printed on 7 September, platinum rose $14.00, silver rose $0.350, gold fell $4.80 and palladium fell $6.00 - so the original sentence that gold, silver and palladium all held below their 7 September marks was wrong for silver, which was higher. Correct as published: the four bids ($4,399.10, $65.946, $1,829.00 and $1,371.00), Kitco's own printed session changes, the gold-silver ratio of 66.7 against 67.1, the session ranges, and palladium's 2.9176% spread.
What would change this call
Platinum back below $1,815.00 on the next session. That would make this a single tick rather than a turn, and the re-quote advice above would have cost a bench nothing to ignore.
What a spot mark is
Spot platinum is an over-the-counter quote for immediate delivery, not an exchange settlement. Kitco publishes a bid, an ask and a mid for each metal. The bid is what a dealer will pay you, and it is the mark the Carat Capital price desk carries. The market runs nearly around the clock through the trading week.
Method
Marks are Kitco's bid, read at 10:04:00 UTC on 8 September 2026 at press time, superseding the 05:00 EDT opening mark under the paper's one-price rule; both the dated tape file and the live tape file carry these values. Kitco prints two clocks that disagree by four hours: the numeric unix timestamp field, 1788861840, converts to 10:04:00 UTC, while the adjacent originalTime string reads 06:03:58 with a UTC suffix it does not carry. The numeric field is used. Prior marks are taken from this paper's own 7 September edition and tape file - gold $4,403.90, silver $65.596, platinum $1,815.00, palladium $1,377.00 - not derived from Kitco's change field, which runs against Kitco's prior close and does not reconcile with a 10:04 UTC read the day before. A second board was read for all four. Business Insider quoted gold at $4,402.11 against Kitco's mid of $4,400.10, 0.0457% apart; silver $65.96 against $66.071, 0.168%; platinum $1,829.50 against $1,834.00, 0.246%; palladium $1,389.00 against $1,391.00, 0.144%. All four sit inside the band the price desk treats as timing noise. The gold-silver ratio, the 2.9176% palladium spread and the $56.80 and $71.00 session ranges are Carat Capital's arithmetic on those quotes.