Quick Conversions
Platinum Price — 10-Day Trend
All prices in ₹ per gram · daily rate, updated once per day
A Fund That Holds the Metal, Not a Mining Company
ETFS Physical Platinum, ticker PPLT, is the platinum market's answer to a gold ETF — a fund backed by physical platinum, trading on an exchange like a regular share, giving investors spot-price exposure without the hassle of storing metal themselves. Today's platinum reference rate is ₹5,518.49 per gram on September 17, 2026.
- PPLT: physical-backed, direct spot exposure, established liquidity
- Mining stocks: potential dividend income, but real company-specific risk
- Physical bars/coins: tangible ownership, storage and premium considerations
Platinum Price by Weight
Today's Platinum rate is Five Thousand Five Hundred and Eighteen Rupees per gram. At this rate, 10 grams of Platinum costs Fifty Five Thousand One Hundred and Eighty Five Rupees.
| Unit | Weight | Price (INR) | Price in Words |
|---|---|---|---|
| 1 Gram | 1.0000 g | ₹5,518.49 | Five Thousand Five Hundred and Eighteen Rupees |
| 8 Grams | 8.0000 g | ₹44,147.93 | Forty Four Thousand One Hundred and Forty Eight Rupees |
| 10 Grams | 10.0000 g | ₹55,184.91 | Fifty Five Thousand One Hundred and Eighty Five Rupees |
| 100 Grams | 100.0000 g | ₹551,849.08 | Five Lakh Fifty One Thousand Eight Hundred and Forty Nine Rupees |
| 1 Kilogram | 1,000.0000 g | ₹5,518,490.82 | Fifty Five Lakh Eighteen Thousand Four Hundred and Ninety One Rupees |
| 1 Ounce (oz) | 28.3495 g | ₹156,446.46 | One Lakh Fifty Six Thousand Four Hundred and Forty Six Rupees |
| 1 Troy Ounce | 31.1035 g | ₹171,644.38 | One Lakh Seventy One Thousand Six Hundred and Forty Four Rupees |
| 1 Metric Ton | 1,000,000.0000 g | ₹5,518,490,823.00 | Five Hundred and Fifty One Crore Eighty Four Lakh Ninety Thousand Eight Hundred and Twenty Three Rupees |
The Trade-Off No Platinum ETF Escapes
Here's the catch worth understanding before choosing PPLT specifically: there is no platinum ETF wrapper that converts the underlying metal into yield. A gold-mining stock and a gold ETF both exist for investors with different goals, and the same split exists for platinum — but if income matters to you, the ETF route simply doesn't offer it. That forces a real choice: accept zero yield for clean, direct commodity exposure through PPLT, or accept company-specific operating and balance-sheet risk by holding a dividend-paying miner like Sibanye-Stillwater instead.
Why an ETF isn't the same as owning a platinum ring
An ETF share represents a claim on platinum the fund holds — it settles in cash, not metal, and involves none of the storage, insurance, or purity-verification questions that come with a physical bar or coin. That makes it operationally simpler, but it also means an ETF investor never actually takes possession of platinum the way a bullion or jewellery buyer does.
| Route | Yield Potential | Main Risk Beyond Spot Price |
|---|---|---|
| PPLT (physical ETF) | None | Fund expense ratio, tracking |
| Mining stocks | Possible dividends | Company-specific operating risk |
| Physical bars/coins | None | Storage, insurance, dealer premiums |
Platinum Price — Last 10 Days
The most recent Platinum price on record (2026-09-17) is Five Thousand Five Hundred and Eighteen Rupees per gram. This is down by Five Rupees from the previous day's rate of ₹5,523.85.
| Date | Price (INR/g) | Change |
|---|---|---|
| 2026-09-17 | ₹5,518.49 | -5.36 |
| 2026-09-16 | ₹5,523.85 | +66.88 |
| 2026-09-15 | ₹5,456.97 | -11.89 |
| 2026-09-14 | ₹5,468.86 | -56.67 |
| 2026-09-13 | ₹5,525.53 | +0.09 |
| 2026-09-12 | ₹5,525.44 | +0.76 |
| 2026-09-11 | ₹5,524.68 | -32.65 |
| 2026-09-10 | ₹5,557.32 | -306.47 |
| 2026-09-09 | ₹5,863.80 | +246.66 |
| 2026-09-08 | ₹5,617.13 | — |
What Actually Drives Returns on Any of These Routes
Every platinum investment vehicle, from PPLT to a mining stock to a physical bar, ultimately answers to the same underlying commodity price — driven by automotive catalytic-converter demand, industrial use, and jewellery buying. The vehicle you choose changes how directly you're exposed to that price and what other risks (company performance, storage costs, dealer premiums) you take on alongside it, not the fundamental demand story itself.
The comparison table and 10-day history above track platinum's own price trend. For a longer view, the site's own platinum price history page holds real recorded data by year and month.
This page is for general information, not investment advice. ETFs, company shares and physical bullion each carry risks beyond the underlying commodity price. Consider consulting a qualified financial advisor before making investment decisions.
Platinum ETFs — Common Questions
ETFS Physical Platinum, ticker PPLT, is the best-known single-metal platinum ETF, offering established liquidity and direct exposure to physical platinum's spot price without requiring the investor to store or insure the metal themselves.
No — there is no platinum ETF wrapper that converts the metal into a yield-generating product. Investors specifically wanting income alongside platinum exposure have to look at dividend-paying mining stocks instead, accepting company-specific risk in exchange for that income potential.
An ETF trades on a stock exchange like a share, with no physical delivery, storage, or purity-verification hassle — you're buying a claim on platinum held by the fund. Physical bars or coins purchased in India involve real storage and insurance considerations, and typically carry a premium over the spot price that an ETF doesn't.
Options vary and change over time — Indian investors interested in platinum ETF exposure should check current offerings from Indian brokerages and mutual fund platforms, since availability of specific international ETFs like PPLT to retail Indian investors depends on brokerage access and regulations.
That depends entirely on individual goals and risk tolerance, and this page isn't a recommendation either way. What's factually true is that platinum's price responds much more to industrial and automotive demand than gold's does, giving it a genuinely different risk-and-return profile than a primarily monetary asset.
