Today’s Platinum Price in India

The cost of Platinum in India today is ₹4,438 (1gram) and ₹44,380 (10 grams). Platinum is one of the rarest and most valuable precious metals in the world, admired for its natural white shine and long-lasting purity. In India, Platinum prices are updated every single day and remain uniform across major cities.

Check Today's Platinum Price in India

📈 4,438 (1/gram) and  📈 44,380 (10/grams)

Updated On - 07 Nov 2025

🏙️ Platinum Price in Top Cities

City

1 gram

10 gram

Mumbai

₹4,438

₹44,380

Delhi

₹4,438

₹44,380

Chennai

₹4,438

₹44,380

Kolkata

₹4,438

₹44,380

Bangalore

₹4,438

₹44,380

Hyderabad

₹4,438

₹44,380

Pune

₹4,438

₹44,380

Ahmedabad

₹4,438

₹44,380

Vadodara

₹4,438

₹44,380

Kerala

₹4,438

₹44,380

📊Historical Platinum Price Trend in India (2015–2025)

Here’s a simplified historical Platinum Price in India (₹ per gram) table covering 2015 to 2025, based on annual average converted values:

Year

Platinum /g

Platinum /10g

2015

Rs. 1,860

Rs. 18,600

2016

Rs. 1,882

Rs. 18,820

2017

Rs. 1,986

Rs. 19,860

2018

Rs. 2,248

Rs. 22,480

2019

Rs. 1,982

Rs. 19,820

2020

Rs. 2,491

Rs. 24,910

2021

Rs. 2,761

Rs. 27,610

2022

Rs. 2,739

Rs. 27,390

2023

Rs. 3,116

Rs. 31,160

2024

Rs. 2,756

Rs. 27,560

2025 (Till Today - Nov 6th)

Rs. 4,438

Rs.44,380

📈 Platinum Price Trend – October & November 2025

Date

Platinum Rate (₹/gm)

Rate for 10 gm (₹)

06-11-2025

4,438

44,380

05-11-2025

4381

43,810

04-11-2025

4443

44,430

03-11-2025

4538

45,380

02-11-2025

4538

45,380

01-11-2025

4538

45,380

31-10-2025

4571

45,710

30-10-2025

4512

45,120

29-10-2025

4471

44,710

28-10-2025

4534

45,340

27-10-2025

4534

45,340

26-10-2025

4534

45,340

25-10-2025

4534

45,340

24-10-2025

4577

45,770

23-10-2025

4577

45,770

22-10-2025

4577

45,770

21-10-2025

4577

45,770

20-10-2025

4526

45,260

19-10-2025

4526

45,260

18-10-2025

4526

45,260

17-10-2025

4820

48,200

16-10-2025

4685

46,850

15-10-2025

4681

46,810

14-10-2025

4760

47,600

13-10-2025

4641

46,410

12-10-2025

4641

46,410

11-10-2025

4641

46,410

10-10-2025

4546

45,460

09-10-2025

4723

47,230

08-10-2025

4732

47,320

07-10-2025

4642

46,420

06-10-2025

4627

46,270

05-10-2025

4627

46,270

04-10-2025

4627

46,270

03-10-2025

4447

44,470

02-10-2025

4447

44,470

01-10-2025

4474

44,740

Nature of Platinum

  1. Platinum is one of the elements in nature that is most stable chemically. Due to its high stability, it is called Noble metal.
  2. It is immune to hydrochloric and nitric acids, but at high temperatures, aqua regia can dissolve it.
  3. Platinum reacts with fluorine and oxygen, but only at extremely high temperatures.
  4. Physically, platinum is a silver-coloured metal that is soft and lustrous.
  5. 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:

  1. 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.
  1. 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.
  1. 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.
  1. 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 Platinum vs Gold vs Silver

Feature

Gold

Platinum

Silver

Colour

Yellow (white gold is plated)

Naturally white

White-grey, may tarnish

Weight

Light

Heaviest

Lightest

Durability

Good

Excellent

Low

Scratch

Resists scratches

Shows surface scratches

Scratches easily

Maintenance

Moderate

Very low

High

Skin Reaction

Alloys may irritate

Hypoallergenic

Alloys may irritate

Price / Value

High

Very high (rarest)

Affordable

Resale Value

Strong

Moderate

Moderate

FAQs on Platinum Price in India

  • How is the platinum price in India determined?

    Platinum prices in India are based on international market rates, USD-INR exchange rate, import duties, GST, and jewellers’ making charges.

  • Why is platinum often cheaper than gold in India?

    Gold has a stronger investment and cultural demand in India, which keeps prices higher. Platinum’s usage is more industrial, creating price volatility.

  • Does platinum price change daily in India?

    Yes, platinum prices are revised daily based on global spot price movements and currency exchange fluctuations.

  • Is platinum a good investment compared to gold?

    Platinum offers long-term growth potential due to industrial demand, but gold provides better resale value and liquidity in India.

  • Do platinum jewellery prices differ from the market rate?

    Yes. Retail jewellery prices include making charges, purity certification costs, and GST, which make final prices higher than the daily market rate.

  • 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. 

23 July 2025
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