Platinum Rate Today in Shimla
Platinum value calculator · Shimla
In Shimla, platinum is about 62% cheaper per gram than 24K gold today. But platinum is denser, so the same ring weighs more — and resale and buyback are far more limited than gold. It's chosen for durability and its naturally white, hypoallergenic finish.
Platinum eased in Shimla on 12 Sep 2026, at ₹5,835 a gram, down ₹253/g from yesterday. Platinum moves on the national platinum rate, so Shimla closely tracks the all-India price. Per gram it's cheaper than gold, but a platinum piece weighs more than the same gold design because platinum is denser. Over the past month it has ranged ₹5,240–₹5,791 a gram.
Platinum rate by weight · Shimla
| Weight | 999 Pure | 950 Platinum |
|---|---|---|
| 1 gram | ₹5,835 | ₹5,543 |
| 5 grams | ₹29,175 | ₹27,715 |
| 10 grams | ₹58,350 | ₹55,430 |
| 20 grams | ₹1,16,700 | ₹1,10,860 |
| 50 grams | ₹2,91,750 | ₹2,77,150 |
| 100 grams | ₹5,83,500 | ₹5,54,300 |
30-day trend · Shimla
Platinum in Shimla · last 10 days
| Date | Per g | 10 g |
|---|---|---|
| 12 Sep | ₹5,517 | ₹55,170 |
| 10 Sep | ₹5,770 | ₹57,700 |
| 08 Sep | ₹5,578 | ₹55,780 |
| 06 Sep | ₹5,523 | ₹55,230 |
| 05 Sep | ₹5,523 | ₹55,230 |
| 04 Sep | ₹5,389 | ₹53,890 |
| 03 Sep | ₹5,389 | ₹53,890 |
| 02 Sep | ₹5,263 | ₹52,630 |
| 01 Sep | ₹5,500 | ₹55,000 |
| 31 Aug | ₹5,525 | ₹55,250 |
Platinum rate in other cities · per gram
About platinum rates in Shimla
Platinum vs gold in Shimla
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. Platinum is also about 10% denser than gold, so the same design weighs more — narrowing the gap on a finished piece. Platinum is a national rate, so Shimla tracks the all-India price closely.
Pure platinum vs 950 (PT950)
The rate above is near-pure 999 platinum. Jewellery in Shimla is almost always 950 platinum (95%, hallmarked PT950) — about ₹5,543/g today. Platinum is naturally white, 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 — plus 3% GST. Use the calculator above to estimate the all-in cost in Shimla.
We update these rates daily from live global prices and today's rupee rate. They're for reference — confirm with your jeweller before buying.