Platinum Price in India
The cost of 1 gram of Platinum in India today is ₹ 3,772(1 gram) and ₹ 37,720 per 10 grams.
Platinum is a silver-white metal that is more ductile than Copper, Gold, and Silver. Due to its chemical stability and physical properties, the metal is used in several industrial materials.
Platinum is used to make jewelry as well because of the metal's resistance to tarnish and wear. In India, the prices of Platinum are the same across all the cities. Platinum prices are revised daily in the country.
Check Today's Platinum Price in India |
₹ 3,772 Per Gram |
Platinum Price in Top Cities
Check today's Platinum Rate in top Cities in India in the below table.
City | Platinum Price Per Gram | Platinum Price Per 10 Gram |
₹ 3,772 | ₹ 37,720 | |
₹ 3,772 | ₹ 37,720 | |
₹ 3,772 | ₹ 37,720 | |
₹ 3,772 | ₹ 37,720 | |
₹ 3,772 | ₹ 37,720 | |
₹ 3,772 | ₹ 37,720 | |
₹ 3,772 | ₹ 37,720 | |
₹ 3,772 | ₹ 37,720 | |
₹ 3,772 | ₹ 37,720 | |
₹ 3,772 | ₹ 37,720 | |
₹ 3,772 | ₹ 37,720 | |
₹ 3,772 | ₹ 37,720 | |
₹ 3,772 | ₹ 37,720 | |
₹ 3,772 | ₹ 37,720 | |
₹ 3,772 | ₹ 37,720 | |
₹ 3,772 | ₹ 37,720 | |
₹ 3,772 | ₹ 37,720 | |
₹ 3,772 | ₹ 37,720 | |
₹ 3,772 | ₹ 37,720 | |
₹ 3,772 | ₹ 37,720 | |
₹ 3,772 | ₹ 37,720 |
Trend of Platinum Price in India for July 2025 (Per Gram)
Parameters | Platinum Price (Per Gram) |
1 July Price | ₹3,712 |
31 July Price | ₹3,743 |
Highest Price in July | ₹4,043 on 18 July |
Lowest Price in July | ₹3,712 on 1 July |
Performance | Incline |
Change in Percentage | 0.84% |
Trend of Platinum Price in India for June 2025 (Per Gram)
Parameters | Platinum Price (Per Gram) |
1 June Price | ₹2,892 |
30 June Price | ₹3,746 |
Highest Price in June | ₹3,822 on 27 June |
Lowest Price in June | ₹2,892 on 1 June |
Performance | Incline |
Change in Percentage | 29.53% |
Trend of Platinum Price in India for May 2025 (Per Gram)
Parameters | Platinum Price (Per Gram) |
1 May Price | ₹2,611 |
31 May Price | ₹2,892 |
Highest Price in May | ₹3,000 on 23 May |
Lowest Price in May | ₹2,604 on 5 May |
Performance | Incline |
Change in Percentage | 10.76% |
Trend of Platinum Price in India for April 2025 (Per Gram)
Parameters | Platinum Price (Per Gram) |
1 April Price | ₹2,723 |
30 April Price | ₹2,663 |
Highest Price in April | ₹2,725 on 2 April |
Lowest Price in April | ₹2,526 on 8 April |
Performance | Decline |
Change in Percentage | -2.20% |
Trend of Platinum Price in India for March 2025 (Per Gram)
Parameters | Platinum Price (Per Gram) |
1 March Price | ₹2,651 |
31 March Price | ₹2,703 |
Highest Price in March | ₹2,800 on 18 March |
Lowest Price in March | ₹2,651 on 1 March |
Performance | Incline |
Change in Percentage | 1.96% |
Trend of Platinum Price in India for February 2025 (Per Gram)
Parameters | Platinum Price (Per Gram) |
1 February Price | ₹2,724 |
28 February Price | ₹2,654 |
Highest Price in February | ₹2,788 on 13 February |
Lowest Price in February | ₹2,654 on 28 February |
Performance | Decline |
Change in Percentage | -2.57% |
Trend of Platinum Price in India for January 2025 (Per Gram)
Parameters | Platinum Price (Per Gram) |
1 January Price | ₹2,657 |
31 January Price | ₹2,596 |
Highest Price in January | ₹2,760 on 6 January |
Lowest Price in January | ₹2,524 on 26 January |
Performance | Decline |
Change in Percentage | -2.30% |
Nature of Platinum
- Platinum is one of the elements in nature that is most stable chemically. Due to its high stability, it is called Noble metal.
- It is immune to hydrochloric and nitric acids, but at high temperatures, aqua regia can dissolve it.
- Platinum reacts with fluorine and oxygen, but only at extremely high temperatures.
- Physically, platinum is a silver-coloured metal that is soft and lustrous.
- It has a high boiling point and is very resistant to corrosion.
Factors Affecting Platinum Prices
The price of platinum is impacted by the following factors:
- Industry Demand : One of the main factors influencing platinum price is industrial demand. Platinum is used extensively in the automotive industry, specifically for catalytic converters. Prices may be significantly impacted by any changes in the automotive industry or technological breakthroughs that change the demand for catalysts based on platinum.
- Investment Demand : Platinum has drawn strong interest from investors due to its perceived value as a hedge against inflation and fluctuating currencies. Platinum prices can be influenced by shifts in investor sentiment and the need for precious metals as a safe haven.
- Geopolitical Situation : Platinum prices can be influenced by trade agreements, political and economic stability, and relationships among major countries that produce and consume platinum. Price swings can result from supply constraints caused by trade tensions or disruptions in mining areas.
- Currency Movements : Changes in the major exchange rates, especially the US dollar, have a significant impact on platinum prices. Because platinum is sold in US dollars worldwide, buyers paying in other currencies typically find it more costly, which could lower demand and have an impact on prices.
Difference Between Gold vs Platinum
Category | Platinum | Gold |
Colour | White | Yellow |
Weight | Heavier than gold | Lighter than platinum |
Scratches | Easily | Does not scratch easily |
Appearance | Longer than gold | Shorter than platinum |
Durability | High | Low when compared to platinum |
Maintenance | Low | Higher than platinum |
Value | More valuable | Less valuable when compared to platinum |
Difference Between Platinum vs Silver
Category | Silver | Platinum |
Durability | Silver tarnishes easily and wears down rapidly. | Platinum has a very high melting point so significant heat is required to change this metal. |
Price | It is very affordable compared to platinum. | It is one of the costliest metals due to its rarity and durability. |
Skin Reaction | Silver alloys may contain other metals like nickel or zinc which can irritate the skin. | Since platinum is naturally hypoallergenic, it will not irritate skin. |
Maintenance | Silver requires polishing in order to prevent tarnishing. | Less maintenance is needed for jewellery made of platinum. |
Platinum Price in India's Top 5 States
Gold Rate in India's Top 5 State
Silver Rate in India's Top 5 State
FAQs on Platinum Rate in India
- When compared to white gold, does platinum keep its appearance over a long period?
Yes, when compared to white gold, platinum does keep its appearance over a long period. The main reasons for platinum to keep its appearance are its purity and strength.
- Are platinum prices revised on a daily basis?
Yes, platinum prices are revised on a daily basis.
- What is the colour of platinum?
The colour of platinum is silvery-white.
- Will platinum price be the same across all the cities in India?
Yes, the prices of platinum will be the same across all the cities in the country.
- Is the resale value of platinum high?
No, the resale value of platinum is usually poor.
- Is the purity of platinum jewellery high?
Yes, platinum jewelery is 85% - 95% pure.
- Is platinum more durable than gold?
Yes, platinum is more durable than gold.
- Is gold rarer than platinum?
No, gold is not rarer than platinum. Platinum is rarer than the yellow metal.
- Is platinum more expensive than gold?
Yes, the cost of platinum is higher than gold.
- Is platinum cheaper than 24-carat gold?
Yes, platinum is cheaper than 24-carat gold.
News About Platinum Price in India
Platinum Prices Surge Globally in 2025
Platinum prices surged to their highest since August 2014, reaching $1,458.80 per ounce due to supply concerns and strong industrial demand. In India, rates hit Rs.40,430 per 10 grams. The rally is driven by a third consecutive annual market deficit and increased usage in automotive and green energy sectors, indicating strong global interest in precious metals.
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