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Platinum Price — 10-Day Trend
All prices in ₹ per gram · daily rate, updated once per day
What Platinum Is Actually Used For
Platinum's price today, ₹4,377.87 per gram, doesn't exist in a vacuum — it's the outcome of real-world demand across a handful of distinct uses. Chief among them, historically, is the catalytic converter: platinum acts as a catalyst inside a diesel vehicle's exhaust system, converting harmful gases into less harmful ones before they leave the tailpipe. For most of the metal's modern trading history, this single application has been its largest source of demand by a wide margin.
Beyond autos, platinum shows up in jewellery — rings, chains, wedding bands — sold by purity mark rather than karat, and in a range of laboratory and industrial equipment where its resistance to corrosion and chemical stability matter more than its price.
- Today's rate: ₹4,377.87 per gram
- 10-gram equivalent: ₹43,778.67
- 1-kilogram equivalent: ₹4,377,867.43
Platinum Price by Weight
Today's Platinum rate is Four Thousand Three Hundred and Seventy Eight Rupees per gram. At this rate, 10 grams of Platinum costs Forty Three Thousand Seven Hundred and Seventy Nine Rupees.
| Unit | Weight | Price (INR) | Price in Words |
|---|---|---|---|
| 1 Gram | 1.0000 g | ₹4,377.87 | Four Thousand Three Hundred and Seventy Eight Rupees |
| 8 Grams | 8.0000 g | ₹35,022.94 | Thirty Five Thousand Twenty Three Rupees |
| 10 Grams | 10.0000 g | ₹43,778.67 | Forty Three Thousand Seven Hundred and Seventy Nine Rupees |
| 100 Grams | 100.0000 g | ₹437,786.74 | Four Lakh Thirty Seven Thousand Seven Hundred and Eighty Seven Rupees |
| 1 Kilogram | 1,000.0000 g | ₹4,377,867.43 | Forty Three Lakh Seventy Seven Thousand Eight Hundred and Sixty Seven Rupees |
| 1 Ounce (oz) | 28.3495 g | ₹124,110.35 | One Lakh Twenty Four Thousand One Hundred and Ten Rupees |
| 1 Troy Ounce | 31.1035 g | ₹136,167.00 | One Lakh Thirty Six Thousand One Hundred and Sixty Seven Rupees |
| 1 Metric Ton | 1,000,000.0000 g | ₹4,377,867,432.00 | Four Hundred and Thirty Seven Crore Seventy Eight Lakh Sixty Seven Thousand Four Hundred and Thirty Two Rupees |
Catalytic Converters: Still the Anchor Use
To understand platinum demand, you have to understand what a catalytic converter actually does. It sits in a vehicle's exhaust line and uses a precious-metal catalyst — platinum for diesel engines, palladium more commonly for gasoline engines — to trigger chemical reactions that clean up the exhaust before it's released. Every diesel vehicle on the road needs one, which is exactly why platinum's fortunes have tracked diesel-vehicle sales so closely over the years.
Jewellery: a smaller but distinct market
Platinum jewellery occupies its own space, separate from the industrial story. It's typically marked 950 or 900, denoting 95% or 90% pure platinum by weight, and its natural white colour and density make it a long-standing choice for rings meant for daily wear. Unlike white gold, it doesn't need rhodium plating to hold its look, though it usually carries a higher making charge because it's a harder metal to shape.
Laboratory and industrial equipment rounds out the picture — platinum's resistance to corrosion and high melting point make it useful in specialised glassware, electrodes, and certain chemical-processing equipment, none of which move the price much on their own but which add a layer of steady, less cyclical demand underneath the bigger swings from autos.
Platinum Price — Last 10 Days
The most recent Platinum price on record (2026-11-01) is Four Thousand Three Hundred and Seventy Eight Rupees per gram. This is down by Two Rupees from the previous day's rate of ₹4,380.25.
| Date | Price (INR/g) | Change |
|---|---|---|
| 2026-11-01 | ₹4,377.87 | -2.38 |
| 2026-10-31 | ₹4,380.25 | +2.05 |
| 2026-10-30 | ₹4,378.20 | -166.67 |
| 2026-10-29 | ₹4,544.87 | -182.23 |
| 2026-10-28 | ₹4,727.10 | +17.98 |
| 2026-10-27 | ₹4,709.12 | -8.35 |
| 2026-10-26 | ₹4,717.48 | -24.87 |
| 2026-10-25 | ₹4,742.34 | -4.84 |
| 2026-10-24 | ₹4,747.19 | -37.90 |
| 2026-10-23 | ₹4,785.08 | — |
The Emerging Use Worth Watching
Hydrogen fuel cell technology is where platinum's demand story could look meaningfully different a decade from now than it does today. Fuel cells generate electricity through a chemical reaction, and platinum serves as the catalyst that makes that reaction work efficiently — conceptually similar to its role in a conventional exhaust system, just applied to a very different kind of vehicle or power source.
This remains an early-stage use. Fuel cell vehicles and hydrogen infrastructure are still a small fraction of the broader transport and energy landscape, so it would be overstating things to call this a major demand driver today. What it does represent is a genuine, non-diesel growth avenue for platinum demand — one that didn't really exist a generation ago, and one worth tracking rather than dismissing as it develops.
Platinum Uses — FAQs
Platinum's historically largest single use is catalytic converters in diesel-engine vehicles, which convert harmful exhaust gases into less harmful ones. It's also widely used in jewellery, marked by purity (950 or 900), and in laboratory and industrial equipment. Today's rate is ₹4,377.87 per gram.
Platinum is an effective catalyst for the chemical reactions that clean up vehicle exhaust, particularly in diesel engines. This single application has historically been platinum's largest source of demand, which is why shifts in diesel-vehicle sales carry so much weight on the metal's price.
Yes — platinum acts as a catalyst inside hydrogen fuel cells, similar to the role it plays in a traditional exhaust system. This is a real but still-early source of demand, tied to how quickly fuel cell vehicles and hydrogen infrastructure scale up globally.
Platinum jewellery is marked by purity — commonly 950 or 900 — rather than by karat the way gold is. It's naturally white, denser than gold, and generally more durable for daily wear, though it typically carries higher making charges for the same design.
Platinum compounds are used in some cancer chemotherapy drugs, and the metal itself is used in laboratory equipment and certain medical devices, owing to its resistance to corrosion and chemical stability. These uses are a smaller share of total demand than catalytic converters or jewellery, but they add another layer of steady, non-cyclical usage.
