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Platinum Price — 10-Day Trend
All prices in ₹ per gram · daily rate, updated once per day
Why a Platinum Ring Can Cost More Than the Per-Gram Price Suggests
Platinum's per-gram reference rate today is ₹5,518.49 as of September 17, 2026 — often lower than gold's. But a platinum ring can still end up costing more than an equivalent gold one, for a simple physical reason: platinum is denser. The same ring design, at the same dimensions, simply contains more platinum by weight than it would gold, so the raw-material cost per finished piece doesn't scale the same way the per-gram prices might suggest.
- 950 platinum: 95% pure, a common standard for fine jewellery
- 900 platinum: 90% pure, alloyed for added strength or workability
- Density effect: more platinum by weight than gold in an identically-sized piece
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 |
Platinum vs White Gold — A Real, Not Just Cosmetic, Difference
They look similar enough at a glance that shoppers often treat them as interchangeable, but the underlying metals couldn't be more different. White gold is a gold alloy that gets its bright white finish from a rhodium plating layered on top — and that plating wears down over years of wear, eventually needing re-plating to keep its original shine. Platinum is naturally white and silvery on its own; there's no plating to wear off, which is a genuine long-term maintenance difference, not a marketing distinction.
Where platinum jewellery demand actually sits regionally
Platinum jewellery demand has traditionally run stronger in markets like Japan and China than in India, where gold has held cultural and investment primacy in fine jewellery for far longer. That regional variation matters for anyone trying to understand platinum's overall demand picture — jewellery is real demand, but it's neither platinum's largest use nor evenly distributed around the world.
| Trait | Platinum | White Gold |
|---|---|---|
| Natural color | Naturally white/silvery | Yellow gold alloy, plated white |
| Common purity | 950 or 900 (95% or 90%) | Typically 18K (75%) alloyed |
| Maintenance | No re-plating needed | Rhodium plating wears, needs redoing |
| Density | Higher — more metal by weight per piece | Lower than platinum |
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 | — |
Jewellery Is Real Demand, But Not the Dominant Story
Platinum's single largest demand source remains industrial — specifically catalytic converters for diesel-engine vehicles — with jewellery running a distant, if genuine, second. That's worth keeping in mind when reading any platinum price move: a jewellery-demand headline rarely explains as much of the day's price action as an automotive-industry or emissions-policy story would.
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.
Platinum Jewellery — Common Questions
Platinum is denser than gold, so a platinum ring of the same size and design actually contains more metal by weight than an equivalent gold ring — meaning the raw material cost per piece can run higher even when platinum's per-gram price sits below gold's.
950 platinum (95% pure) is a common standard for fine platinum jewellery, often marked with a 950 hallmark. Some pieces use 900 platinum (90% pure) instead, alloyed with other metals for added strength or workability.
White gold is a gold alloy plated with rhodium to achieve its white appearance, and that rhodium plating wears off over time, needing periodic re-plating. Platinum is naturally white/silvery and doesn't require plating, making it a genuinely different metal with different long-term maintenance needs, not just a cosmetic alternative.
It's a real, meaningful demand category, but it runs well behind platinum's dominant industrial use in catalytic converters for diesel-engine vehicles. Jewellery demand also varies considerably by region — it's traditionally been a larger share of demand in markets like Japan and China than in India, where gold has historically dominated fine jewellery.
No — today's ₹5,518.49 per gram is a wholesale-linked reference rate. A finished jewellery piece adds making charges, wastage, alloying costs, and retailer margins on top of the raw metal value, the same way gold jewellery pricing works.