Gold ₹14,035.95/g ▲ +0.41% Silver ₹183.94/g ▼ -0.30% Platinum ₹4,420.63/g ▼ -0.61% Palladium ₹2,940.51/g ▼ -1.35% Rhodium ₹25,334.93/g ▲ +0.02% Copper ₹1,244.09/kg ▼ -0.21% Aluminium ₹267.04/kg ▲ +0.25% Cobalt ₹2,893.80/kg ▲ +0.02% Gallium ₹22,470.53/kg ▲ +0.02% Indium ₹64,294.28/kg ▲ +0.02% Iron Ore ₹7.83/kg ▲ +0.02% Lead ₹164.51/kg ▲ +0.43% Lithium ₹1,214.45/kg ▲ +0.02% Molybdenum ₹7,760.77/kg ▲ +0.02% Nickel ₹1,340.98/kg ▲ +0.14% Neodymium ₹12,047.05/kg ▲ +0.02% Tin ₹4,220.49/kg ▲ +0.02% Tellurium ₹10,371.51/kg ▲ +0.02% Uranium ₹17,105.94/kg ▲ +0.02% Zinc ₹335.73/kg ▼ -0.37% Crude Oil (Brent) ₹9,893.15/bbl ▼ -1.38% Crude Oil (WTI) ₹9,117.27/bbl ▼ -1.07% Gasoline ₹275.03/gal ▼ -1.38% Natural Gas ₹271.82/MMBtu ▼ -1.35%
Showing India prices for Platinum. See international rates →

Why Buy Platinum — November 3, 2026

₹4,420.63
per gram
-₹27.23 (-0.61%)
Today's Change (24h)
Updated: November 3, 2026

Quick Conversions

10 Gram
₹44,206.32
Popular buying size
1 Tola
₹51,561.37
≈ 11.66g · Indian standard
100 Gram
₹442,063.22
Bulk buying
1 Kilogram
₹4,420,632.18
Investment grade

As of November 3, 2026, Platinum is trading at Four Thousand Four Hundred and Twenty One Rupees per gram across India. The 10-gram rate stands at Forty Four Thousand Two Hundred and Six Rupees, and 100 grams costs Four Lakh Forty Two Thousand Sixty Three Rupees.

Platinum Price — 10-Day Trend

Platinum Price (₹/g)
Period Open₹4,727.10
Period High₹4,727.10
Period Low₹4,377.87
Prev. Close₹4,447.87

All prices in ₹ per gram · daily rate, updated once per day

The Case for Platinum, on Its Own Terms

Most people who look into platinum end up comparing it to gold, and there's a good reason for that — our own gold vs platinum price comparison covers that head-to-head in detail, live numbers included. This page asks a narrower question: setting the comparison aside for a moment, what's the actual case for buying platinum itself?

Start with the plain fact of rarity. Platinum is mined in far smaller volumes each year than gold, concentrated overwhelmingly in South Africa, with only Russia, Zimbabwe and Canada adding meaningfully to the total. Today it trades at ₹4,420.63 per gram. A metal that's genuinely scarcer trading at this level, rather than at a premium, is unusual enough on its own to be worth understanding rather than dismissing.

  • Current rate: ₹4,420.63 per gram
  • 10-gram equivalent: ₹44,206.32
  • 1-kilogram equivalent: ₹4,420,632.18

Platinum's Recent Price Movement (₹ per gram)

Yesterday
₹4,447.87
₹27.23 (-0.61%)
1 Week Ago
₹4,709.12
₹288.49 (-6.13%)
1 Month Ago
₹5,271.33
₹850.70 (-16.14%)
1 Year Ago
₹4,525.14
₹104.51 (-2.31%)

Platinum is currently priced at Four Thousand Four Hundred and Twenty One Rupees per gram. Compared to one year ago, the price has fallen by One Hundred and Five Rupees (-2.31%).

Platinum Price by Weight

Today's Platinum rate is Four Thousand Four Hundred and Twenty One Rupees per gram. At this rate, 10 grams of Platinum costs Forty Four Thousand Two Hundred and Six Rupees.

Unit Weight Price (INR) Price in Words
1 Gram 1.0000 g ₹4,420.63 Four Thousand Four Hundred and Twenty One Rupees
8 Grams 8.0000 g ₹35,365.06 Thirty Five Thousand Three Hundred and Sixty Five Rupees
10 Grams 10.0000 g ₹44,206.32 Forty Four Thousand Two Hundred and Six Rupees
100 Grams 100.0000 g ₹442,063.22 Four Lakh Forty Two Thousand Sixty Three Rupees
1 Kilogram 1,000.0000 g ₹4,420,632.18 Forty Four Lakh Twenty Thousand Six Hundred and Thirty Two Rupees
1 Ounce (oz) 28.3495 g ₹125,322.71 One Lakh Twenty Five Thousand Three Hundred and Twenty Three Rupees
1 Troy Ounce 31.1035 g ₹137,497.13 One Lakh Thirty Seven Thousand Four Hundred and Ninety Seven Rupees
1 Metric Ton 1,000,000.0000 g ₹4,420,632,184.00 Four Hundred and Forty Two Crore Six Lakh Thirty Two Thousand One Hundred and Eighty Four Rupees

A Genuinely Different Kind of Precious-Metal Exposure

If you already hold gold or silver, platinum doesn't just add more of the same thing wearing a different label. Its price is tied more closely to industrial and automotive demand — chiefly catalytic converters — than to the investment flows that drive gold. That means platinum can, and does, move differently from gold and silver over stretches of time, which is exactly what diversification is supposed to look like rather than three assets that quietly track each other.

The jewellery case stands on its own too

Separate from any investment logic, platinum has real practical advantages as a jewellery metal. It's naturally white and doesn't rely on rhodium plating to hold its colour the way white gold does — plating that wears off over years and needs redoing. It's also denser and more resistant to everyday wear, which is part of why it's a long-standing choice for rings meant to be worn daily rather than kept for occasions.

Platinum Price — Last 10 Days

The most recent Platinum price on record (2026-11-03) is Four Thousand Four Hundred and Twenty One Rupees per gram. This is down by Twenty Seven Rupees from the previous day's rate of ₹4,447.87.

Date Price (INR/g) Change
2026-11-03 ₹4,420.63 -27.23
2026-11-02 ₹4,447.87 +70.00
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 —

Being Honest About the Trade-Offs

None of this makes platinum a clearly better buy than gold — it makes it a different one, and that distinction matters. Its heavier tie to industrial demand cuts both ways: it's the reason some see upside if that demand broadens, and it's also the reason platinum can lag during periods when auto and industrial activity slow down, in a way gold typically doesn't.

Resale is worth weighing too. Platinum's buyback network in India is real but thinner than gold's well-established one, so it's worth confirming where and how you'd sell before you buy, not after. For anyone weighing platinum specifically against gold rather than on its own, the full gold vs platinum price comparison lays out the live price gap and the reasons behind it in more depth than this page attempts to.

Why Buy Platinum — FAQs

The main argument is rarity relative to price. Platinum is genuinely mined in far smaller volumes each year than gold, yet it currently trades at ₹4,420.63 per gram — below gold. Some buyers see that combination as a value opportunity; others prefer gold's steadier, investment-driven demand base. See our full gold vs platinum price comparison for the live numbers behind this.

Platinum's price is driven more by industrial and automotive demand than gold's or silver's, so its price doesn't always move in step with either. That makes it a genuinely different kind of exposure within precious metals, rather than just a variation on the same trade.

They look similar but aren't the same metal. Platinum is naturally white and doesn't need rhodium plating the way white gold (an alloy) typically does to keep its colour. It's also denser and more durable for everyday wear, though it usually carries a higher making charge for the same design.

Its heavier reliance on industrial and automotive demand makes it more exposed to swings in that sector than gold is. A further decline in diesel-vehicle sales, for instance, could weigh on demand. Platinum also has a thinner resale market in India than gold, which matters if you plan to sell later.

There's no reliable way to call the right entry point for any metal. What's more useful than timing is understanding why you're buying — jewellery you'll wear, a small diversification within a metals portfolio, or a bet that the gap to gold narrows — since that answer should drive the decision more than trying to catch a specific price.