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Platinum Price — 10-Day Trend
All prices in ₹ per gram · daily rate, updated once per day
Platinum Purity Marks — What the Numbers Actually Mean
Pick up a platinum ring in an Indian jewellery showroom and you won't find a karat stamp anywhere on it. Instead, look for a number like 950 or 900 — platinum's purity marks, and the closest thing this metal has to gold's familiar 22K or 18K labelling. Both marks describe the same idea, fineness, but they're built on a different scale: parts per 1,000 rather than parts per 24.
A 950 mark means 950 parts out of 1,000 are pure platinum — 95% by weight. A 900 mark means 90% pure. The remaining 5% or 10% is alloy, added to give the metal enough hardness and workability to hold a set stone or take everyday wear without deforming. Today's spot rate for pure platinum is ₹5,468.86 per gram, September 14, 2026.
- Pure platinum spot rate: ₹5,468.86 per gram
- 950 platinum: ₹5,195.42 per gram
- 900 platinum: ₹4,921.97 per gram
The LPPM's daily benchmark fix sets the pure-metal reference point everything above is derived from — purity marks simply tell you what fraction of that reference price a given piece is actually worth in raw metal.
Platinum Price by Weight
Today's Platinum rate is Five Thousand Four Hundred and Sixty Nine Rupees per gram. At this rate, 10 grams of Platinum costs Fifty Four Thousand Six Hundred and Eighty Nine Rupees.
| Unit | Weight | Price (INR) | Price in Words |
|---|---|---|---|
| 1 Gram | 1.0000 g | ₹5,468.86 | Five Thousand Four Hundred and Sixty Nine Rupees |
| 8 Grams | 8.0000 g | ₹43,750.88 | Forty Three Thousand Seven Hundred and Fifty One Rupees |
| 10 Grams | 10.0000 g | ₹54,688.60 | Fifty Four Thousand Six Hundred and Eighty Nine Rupees |
| 100 Grams | 100.0000 g | ₹546,885.99 | Five Lakh Forty Six Thousand Eight Hundred and Eighty Six Rupees |
| 1 Kilogram | 1,000.0000 g | ₹5,468,859.87 | Fifty Four Lakh Sixty Eight Thousand Eight Hundred and Sixty Rupees |
| 1 Ounce (oz) | 28.3495 g | ₹155,039.44 | One Lakh Fifty Five Thousand Thirty Nine Rupees |
| 1 Troy Ounce | 31.1035 g | ₹170,100.68 | One Lakh Seventy Thousand One Hundred and One Rupees |
| 1 Metric Ton | 1,000,000.0000 g | ₹5,468,859,869.00 | Five Hundred and Forty Six Crore Eighty Eight Lakh Fifty Nine Thousand Eight Hundred and Sixty Nine Rupees |
Purity Marks vs Karats — Two Systems, One Job
Gold buyers in India grow up fluent in karats without ever thinking about it — 22K for everyday jewellery, 24K for pure bullion. Platinum asks you to learn a second, unrelated vocabulary. There's no conversion formula between the two; a "950" platinum piece isn't the platinum equivalent of any specific karat, because the two systems were never designed to line up with each other. They're simply different ways of expressing the same underlying concept: how much of the piece, by weight, is the metal itself rather than alloy.
Why the alloy exists at all
Pure platinum, like pure gold, is soft — too soft on its own to hold delicate settings or survive years of daily wear without scratching and bending. Alloying metals are added in small, controlled amounts to increase hardness while keeping the piece recognisably platinum. That's why neither 950 nor 900 is "impure" in any meaningful sense; both are standard, accepted grades, and the choice between them is more about price point and finish than about one being a compromise.
India's platinum retail market leans more heavily on 950 than 900, and BIS hallmarking has extended coverage to platinum jewellery alongside gold in recent years — a real, verifiable framework that gives buyers a way to check a purity claim rather than take a shop's word for it.
Platinum Price — Last 10 Days
The most recent Platinum price on record (2026-09-14) is Five Thousand Four Hundred and Sixty Nine Rupees per gram. This is down by Fifty Seven Rupees from the previous day's rate of ₹5,525.53.
| Date | Price (INR/g) | Change |
|---|---|---|
| 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 | +46.37 |
| 2026-09-07 | ₹5,570.76 | +34.58 |
| 2026-09-06 | ₹5,536.17 | +0.54 |
| 2026-09-05 | ₹5,535.64 | — |
Using the Purity Mark Before You Buy
Knowing what 950 and 900 mean is only half the job — the other half is actually checking for the mark before you hand over money. It should be stamped somewhere on the piece itself, and a jeweller worth buying from will point it out without being asked and back it with paperwork.
Treat the purity mark the same way you'd treat any other price input on this page: as one variable in a larger calculation, not the whole story. A 950 piece and a 900 piece of identical gross weight will differ in raw metal value by exactly the gap between their purity fractions, but making charges, design complexity, and the retailer's own margin sit on top of that and can vary far more than the purity difference itself. Ask for the metal value and the making charge broken out separately, and the purity mark stops being confusing and starts being useful.
Platinum Purity Marks — Common Questions
They state how many parts out of 1,000 are pure platinum by weight. A 950 mark means 95% pure platinum; a 900 mark means 90% pure, with the remainder made up of alloying metals for strength. Today's spot rate is ₹5,468.86 per gram of pure platinum.
Gold uses karats out of 24 — 22K, 18K, and so on — while platinum uses a fineness number out of 1,000. The two systems measure the same underlying idea, purity, but on completely different scales, so a "950" platinum piece and a "22K" gold piece cannot be compared by their numbers alone.
950 is the mark most widely used in Indian platinum jewellery and is generally treated as the standard retail grade, with 900 also available at a marginally lower price point. Neither is inherently "better" — the right choice depends on budget and the piece's intended use.
At today's rate, 950 platinum works out to roughly ₹5,195.42 per gram and 900 platinum to roughly ₹4,921.97 per gram, before making charges — a gap that comes directly from the five-percentage-point difference in pure metal content.
It's typically stamped somewhere discreet on the piece itself — inside a ring band, on the clasp of a chain, or on the underside of a pendant. A reputable jeweller should be able to show you the mark and back it with a certificate; if neither is offered, that's a reasonable reason to ask more questions before buying.
