Platinum Profile
· ₹5,560.87/g today · Live chart →
A metal whose fate is tied less to a jeweller's counter than to a diesel engine's exhaust pipe — and to whatever is happening in one country's mines at any given time.
LPPMWhere Platinum Is Produced & Consumed
Among this site's tracked countries:
Notable producers
Major consumers
One Country Supplies Most of the World's Platinum
South Africa mines roughly seventy percent of the world's platinum, a concentration unmatched by any other metal on this site — which means South African mining disruptions, from labour strikes to electricity shortages, move the global platinum price more directly than almost any other single-country event does for any other metal.
Under the Hood, Not on the Finger
The largest single use for platinum is catalytic converters in diesel vehicles, where it helps break down exhaust pollutants — jewellery and investment demand exist, but automotive and industrial catalyst use has been the metal's real price driver for decades.
A Possible Second Act in Hydrogen
Beyond catalytic converters, platinum is the key catalyst inside hydrogen fuel cells, which convert hydrogen into electricity with water as the only byproduct — a technology still small in volume today, but one that gives platinum a second, genuinely different long-term demand story sitting alongside the diesel-engine automotive base its price history was built on.
Did You Know?
Platinum and palladium can substitute for each other in catalytic converter design within limits, which is why the two metals' relative prices are watched closely by automakers deciding which one to specify.
Frequently Asked Questions
The Platinum price in India today is ₹5,560.87 per gram as of September 21, 2026. See the live price and chart for the full 10-day trend.
Platinum is bought mainly by automakers (diesel catalytic converters), industrial users (glass manufacturing, chemical catalysts), and jewellers — with automotive demand historically the largest and most price-sensitive segment.
Among the countries tracked on this site, South Africa are notable producers, while Germany, USA, China, Japan are among the largest consumers.
Platinum is tracked on LPPM — see each exchange's market profile for how it actually works.
