India · 15 Jul 2026
National pricing
| Purity | 8 g | 10 g | 100 g |
|---|---|---|---|
Pure (.999) | ₹40,205.70 | ₹50,257.12 | ₹5,02,571.22 |
Difference is vs. previous trading day
| Date | 999 |
|---|---|
15 Jul 2026 Wednesday | ₹5,025.71(+70.86) |
14 Jul 2026 Tuesday | ₹4,954.86(-40.45) |
13 Jul 2026 Monday | ₹4,995.31(-9.78) |
12 Jul 2026 Sunday | ₹5,005.09(-1.18) |
11 Jul 2026 Saturday | ₹5,006.26(+50.91) |
10 Jul 2026 Friday | ₹4,955.35(-23.26) |
9 Jul 2026 Thursday | ₹4,978.61(+105.26) |
999 · INR per gram · India · always shows latest, independent of selected date
Today’s platinum rate in India (15 Jul 2026) is ₹5,025.71 per gram for 999 fine platinum. Like silver, platinum is treated as a single national rate — there are no significant city-level premiums in India.
The rate is derived from the international platinum spot price (in USD per troy ounce on the London Platinum and Palladium Market), converted to INR per gram and adjusted for import duty and dealer margins.
Platinum is primarily an industrial metal — roughly half of annual demand goes into automotive catalytic converters. That makes its price unusually sensitive to global car production, emissions regulation, and the diesel-to-petrol mix in Europe. The shift to electric vehicles is a long-term overhang on platinum demand, though hybrids and fuel cells are partial offsets.
Investment demand is much smaller than for gold, so platinum can trade above or below gold in cycles. Historically it was always the premium metal; since 2015 gold has frequently been more expensive per gram, reflecting platinum’s weakened industrial story.
Platinum is a naturally white, dense and hypoallergenic precious metal, sold at 95–99.9% purity. Indian jewellery uses Pt950 (95% platinum, BIS-hallmarked). It is durable, holds its colour permanently, and is about 30% denser than gold so the same piece feels heavier in the hand.
White gold is yellow gold alloyed with palladium or nickel and rhodium-plated to look white. The plating wears off every few years and needs reapplication, exposing a slightly warmer underlying tone. Platinum costs more upfront but has lower lifetime maintenance.
Today platinum trades at ₹5,025.71 per gram against ₹14,191.02 for 24K gold. For most of modern history platinum was the more expensive metal — which is why “platinum” still outranks “gold” in credit cards and music sales. That relationship inverted around 2015: diesel’s decline cut catalytic-converter demand just as investment flows kept lifting gold, and gold has traded at a premium for most of the time since.
For a jewellery buyer this means platinum’s per-gram metal cost is often lower than 24K gold’s — but platinum pieces are denser (the same ring uses more grams) and making charges are similar, so finished prices end up closer than the per-gram gap suggests.
BIS hallmarks platinum jewellery at three grades — Pt950, Pt900 and Pt850 — with Pt950 (95% platinum) the standard for Indian retail. Look for the Pt mark with the fineness number on the piece; certified platinum sold through jewellers is also commonly backed by a Platinum Guild International (PGI) authenticity card.
The rate on this page is for 999 pure platinum. A Pt950 piece carries 95% of that metal value per gram, before making charges and GST.
Buying platinum works like buying gold: metal value plus making charges (often 10–20% for platinum’s harder workmanship) plus GST at 3% on metal and 5% on making. The jewellery calculator supports platinum, so you can itemise a quote before you pay.
Reselling is where platinum differs. The buyback network is far thinner than gold’s — many local jewellers do not buy platinum at all, and those who do typically quote a deeper discount to the published rate than they would for hallmarked gold. If easy resale matters to you, that is platinum’s honest trade-off: lower or comparable purchase price, weaker exit liquidity.
Today's 999 platinum rate in India is ₹5,025.71 per gram.
1 gram of 999 platinum costs ₹5,025.71 today. That is the metal value of pure platinum — Pt950 jewellery is billed on 95% of it, plus making charges and GST.
Not always. Historically platinum traded at a premium to gold, but since 2015 gold has frequently been more expensive per gram. Today platinum is ₹5,025.71 per gram while 24K gold is ₹14,191.02 per gram.
Pt950 — 95% platinum — is the BIS-hallmarked retail standard for platinum jewellery in India, with Pt900 and Pt850 also recognised. Bullion bars and coins are 999 fine. The Pt stamp with the fineness number tells you exactly what you are buying.
Platinum is a much smaller and less liquid market than gold in India: there is no sovereign-bond equivalent, few coins and bars are available at retail, and buyback channels are limited. Its price is driven largely by automotive and industrial demand rather than investor flows, which makes it more cyclical. Most buyers in India purchase platinum as jewellery rather than as an investment vehicle.
No. Platinum is naturally white all the way through and does not tarnish or fade — over time it develops a soft satin patina that can be re-polished. White gold, by contrast, is rhodium-plated and needs periodic re-plating to stay white.
The same as gold: 3% GST on the metal value and 5% on making charges. The jewellery calculator on this site supports platinum, so you can itemise a full Pt950 bill before you buy.
Platinum is a naturally white, dense, hypoallergenic metal that is sold at 95–99.9% purity. White gold is yellow gold alloyed with palladium or nickel and rhodium-plated to look white — the plating wears off and needs re-application. Platinum is more durable and holds its colour permanently.
Platinum is rarer than gold but has less monetary history; most demand comes from automotive catalytic converters and industrial applications. That makes its price more sensitive to manufacturing cycles than to investor demand.
Yes. BIS has a separate hallmarking scheme for platinum jewellery (Pt950, Pt900, Pt850) administered through PGI India. The stamp guarantees the platinum content.
