Platinum Rate Calculator
Select a city to use today’s rates, then enter weight or amount to calculate (making charges + GST where applicable).
Rate per gram
₹6,848
GST is applied at 3% on (metal value + making charges).
Final price
Includes making charges + GST.
Enter amount or weight to calculate instantly.
Platinum value
₹6,848
Making charges (10.00%)
₹685
GST (3%)
₹226
Total
₹7,759
FAQ
How is the final platinum price calculated in India?
The final price is calculated as: (Platinum Rate per gram x Weight) + Making Charges + 3% GST on the total sum.
What does Platinum 950 mean?
Platinum 950 is the standard purity for jewelry in India. It means the piece contains 95% pure platinum and 5% other alloy metals to provide strength.
Is GST the same for Platinum as it is for Gold?
Yes, platinum purchases in India attract the same mandatory 3% GST (Goods and Services Tax) on the total value of the item.
Why are making charges higher for platinum?
Platinum has a very high melting point and is much denser and harder than gold, requiring specialized tools and higher craftsmanship, which leads to higher making charges.