Platinum Rate in Bangalore

Trend of Platinum Price in Bangalore for July 2025 (Per Gram)

Trend of Monthly Platinum Rate in Bangalore for July 2025 (Per gram)

1. In Bangalore, platinum prices for July opened at Rs.3,712 per gram. By the end of the month, the prices of platinum jumped by 0.84% and were Rs.3,743 for a gram. 

1. On 18 July 2025, platinum hit its highest price for the month when a gram cost Rs.4,043. 

1. On 1 July 2025, a gram of platinum cost Rs.3,712 in Bangalore, the lowest for the month. 

Trend of Platinum Price in Bangalore for June 2025 (Per Gram)

Trend of Monthly Platinum Rate in Bangalore for June 2025 (Per gram)

1. In Bangalore, platinum prices for June opened at Rs.2,892 per gram. By the end of the month, the prices of platinum jumped by 29.53% and were Rs.3,746 for a gram. 

1. On 27 June 2025, platinum hit its highest price for the month when a gram cost Rs.3,822.

1. On 1 June 2025, a gram of platinum cost Rs.2,892 in Bangalore, the lowest for the month.

Trend of Platinum Price in Bangalore for May 2025 (Per Gram)

Trend of Monthly Platinum Rate in Bangalore for May 2025 (Per gram)

1. In Bangalore, platinum prices for May opened at Rs.2,611 per gram. By the end of the month, the prices of platinum jumped by 10.76% and were Rs.2,892 for a gram. 

1. On 23 May 2025, platinum hit its highest price for the month when a gram cost Rs.3,000.

1. On 5 May 2025, a gram of platinum cost Rs.2,604 in Bangalore, the lowest for the month. 

Trend of Platinum Price in Bangalore for April 2025 (Per Gram)

Trend of Monthly Platinum Rate in Bangalore for April 2025 (Per gram)

1. In Bangalore, platinum prices for April opened at Rs.2,723 per gram. By the end of the month, the prices of platinum fell by 2.20% and were Rs.2,663 for a gram. 

1. On 2 April 2025, platinum hit its highest price for the month when a gram cost Rs.2,725.

1. On 8 April 2025, a gram of platinum cost Rs.2,526 in Bangalore, the lowest for the month.

Trend of Platinum Price in Bangalore for March 2025 (Per Gram)

Trend of Monthly Platinum Rate in Bangalore for March 2025 (Per gram) 

1. In Bangalore, platinum prices for March opened at Rs.2,651 per gram. By the end of the month, the prices of platinum jumped by 1.96% and were Rs.2,703 for a gram. 

1. On 18 March 2025, platinum hit its highest price for the month when a gram cost Rs.2,800. 

1. On 1 March 2025, a gram of platinum cost Rs.2,651 in Bangalore, the lowest for the month. 

Trend of Platinum Price in Bangalore for February 2025 (Per Gram)

Trend of Monthly Platinum Rate in Bangalore for February 2025 (Per Gram)

1. In Bangalore, platinum prices for February opened at Rs.2,724 per gram. By the end of the month, the prices of platinum fell by 2.57% and were Rs.2,654 for a gram. 

1. On 13 February 2025, platinum hit its highest price for the month when a gram cost Rs.2,788.

1. On 28 February 2025, a gram of platinum cost Rs.2,654 in Bangalore, the lowest for the month.

Trend of Platinum Price in Bangalore for January 2025 (Per Gram)

Trend of Monthly Platinum Rate in Bangalore for January 2025

1. In Bangalore, platinum prices for January opened at Rs.2,491 per gram. By the end of the month, the prices of platinum jumped by 7.79% and were Rs.2,685 for a gram. 

1. On 31 January 2025, platinum hit its highest price for the month when a gram cost Rs.2,685.

1. On 1 January 2025, a gram of platinum cost Rs.2,491 in Bangalore, the lowest for the month.

Gold vs Platinum Investment

Gold investment: The value of gold dates back thousands of years, to the time of the ancient civilizations. Although gold used to be the foundation of monetary systems, its value now varies based on supply and demand. Similar to platinum, Gold is in demand in the industrial sector because it is used in electronic devices, aerospace, dentistry, and more. However, unlike platinum, industrial applications do not have as much of an impact on the price of this metal. The jewelry industry and the investment sector account for the majority of the demand for gold. 

It serves as a diversification tool for investors in times of economic downturn. Because of this, prices tend to rise during an economic slowdown or crisis. Like platinum, gold is an investment that can be made through physical purchases. You can buy coins or bullion from banks, coin dealers, and brokerages. You can also buy stocks, exchange-traded funds (ETFs), or mutual funds that invest in gold in case you don't want to make physical investments. 

Platinum Investment: The World Platinum Investment Council estimates that platinum is approximately thirty times rarer than gold. In comparison to 3,300 metric tons of gold, about 190 metric tons of platinum are mined globally each year. Platinum has multiple uses because of its structure. It is useful in industries because it is very malleable and dense. Platinum has applications in various sectors such as jewelry, automobiles, and aircraft industries. Industrial supply and demand mainly impact the price of platinum.

Factors like supply constraints and regional demand, such as the platinum price in Bangalore, also play a significant role in determining its market value.  Therefore, it has more price fluctuations compared to gold. Coins and other physical forms of trading in platinum are available. You can invest in stocks, ETFs, or mutual funds that hold platinum bullion.

Renowned Platinum Shops in Bangalore

1. Sri Ganesh Diamonds and Jewellery

1. Mangalore Jewels
2. Aabushan
3. Praveen Jewels
4. C Krishniah Chetty & Sons
5. V M Jewellers 
6. Kalyan Jewellers
7. Malbar Gold & Diamond

How to Invest in Platinum?

Similar to gold and silver investments, there are many ways to invest in platinum. Platinum can be bought as bullion, however, there are other ways to invest in the precious metal like stocks and ETFs. The different options to invest in platinum are as follows: 

Physical Platinum

The easiest way to invest in platinum is in physical form, but there are additional factors to take into account, such as insurance and storage. Bars, coins, rounds, and ingots are among the forms of platinum bullion that can be bought, similar to Gold and Silver. Precious metal dealers sell these physical assets, which can be kept in secure vaults or safe deposit boxes. Rare coins and other collectable platinum items may be worth more than just the platinum's spot price because of their historical importance and rarity.

Platinum Stocks

Platinum stocks, which are usually shares in businesses that are into mining, processing, or using platinum, are another option for investors. Similar to platinum ETFs, these stocks are usually traded on stock exchanges. Thus, investors get exposure to the platinum market without the need to possess physical platinum. Remember that the number of platinum stocks is lower than that of gold stocks.

Furthermore, it is important to analyse a company's operations before you invest in it. This is because some platinum mining companies might not have platinum as their main asset.

Platinum ETFs

Platinum ETFs help investors invest in the metal without the requirement to hold physical platinum. These funds invest in securities backed by platinum, which may include stocks of companies which mine platinum. Investing in ETFs offers two main advantages. Firstly, you can increase your exposure to the underlying asset by pooling your money with that of other investors. Secondly, the investment is distributed among several securities, which lowers the risk. However, note that ETFs have expense ratios that include marketing, administrative, and management costs.