Platinum Price Today in India
Platinum is about 64% cheaper per gram than 24K gold today. That's about the usual gap — over the past year platinum has averaged roughly 62% below gold. But platinum is denser, so the same ring weighs more — and resale and buyback in India are far more limited than gold. It's chosen for durability and its naturally white, hypoallergenic finish, not as an investment.
Platinum eased in India on 26 Oct 2026, at ₹5,075 a gram, down ₹32/g from yesterday. Per gram it's cheaper than 24K gold, but a platinum piece weighs more than the same gold design because platinum is denser — so the gap narrows on a finished item. Over the past month platinum has ranged ₹4,725–₹5,760 a gram — today is near its lowest in a month.
Platinum value calculator
Platinum rate by weight
| Weight | 999 Pure | 950 Platinum |
|---|---|---|
| 1 gram | ₹5,075 | ₹4,821 |
| 5 grams | ₹25,375 | ₹24,105 |
| 10 grams | ₹50,750 | ₹48,210 |
| 20 grams | ₹1,01,500 | ₹96,420 |
| 50 grams | ₹2,53,750 | ₹2,41,050 |
| 100 grams | ₹5,07,500 | ₹4,82,100 |
Platinum price trend & 52-week range
Over the past year platinum has ranged from ₹4,286 to ₹8,501 per gram. Today's ₹5,075 sits 19% up that range, about 40.3% below its 52-week high — useful context if you're timing a purchase.
Platinum rate · last 10 days
| Date | Per g | 10 g |
|---|---|---|
| 26 Oct | ₹4,725 | ₹47,250 |
| 23 Oct | ₹4,757 | ₹47,570 |
| 22 Oct | ₹4,800 | ₹48,000 |
| 21 Oct | ₹4,953 | ₹49,530 |
| 18 Oct | ₹4,965 | ₹49,650 |
| 17 Oct | ₹4,965 | ₹49,650 |
| 15 Oct | ₹4,884 | ₹48,840 |
| 14 Oct | ₹5,163 | ₹51,630 |
| 13 Oct | ₹5,163 | ₹51,630 |
| 07 Oct | ₹5,238 | ₹52,380 |
Platinum rate by city · per gram
Platinum rate by state
About platinum rates in India
Platinum vs gold — what to know
Per gram, platinum often sits below 24K gold, which surprises people given it's rarer. The reason is demand: far less platinum is bought as a store of value, so its price leans on jewellery and industrial use (catalytic converters) rather than investment. Platinum is also about 10% denser than gold, so the same design weighs more — narrowing the price gap on a finished piece.
Pure platinum vs 950 (PT950)
The rate above is near-pure 999 platinum. Jewellery is almost always 950 platinum (95%, hallmarked PT950), alloyed slightly for durability — about ₹4,821/g at today's rate. Platinum is naturally white (no rhodium plating needed), hard-wearing and hypoallergenic, which is why it's popular for rings.
What you'll actually pay
The rate is only the metal. Add making charges — often higher than gold because platinum is harder to work — and 3% GST. Use the calculator above to estimate the all-in cost for any weight.
Should you buy platinum in India?
For a wedding band or everyday ring you want to last, platinum is a strong choice. As an investment it's weaker than gold here: buyback and resale networks are thin, and you may not recover making charges. Treat it as jewellery you'll keep, not as something you'll trade.
We update these rates daily from live global prices and today's rupee rate. They're for reference — confirm with your jeweller before buying.