Today Platinum Rate in Dammam (19 January 2026): Pt 950 Price
Live Platinum Price Trends in Dammam per Gram
The live platinum price in Dammam today is ₹— per gram for Pt 950. Platinum is 30 times rarer than gold and is the preferred choice for modern jewelry in Dammam. Its price is driven by global industrial demand and luxury market trends. Check our live 19 January 2026 updates before your purchase.
Check today's live platinum rate in Dammam per gram. Get real-time Pt 950 prices, historical trends, and purity guides for platinum jewelry in Dammam.
Trend
| Date | Price / g | Change / g |
|---|---|---|
| 19 January 2026 | — | — |
| 18 January 2026 | — | — |
| 17 January 2026 | — | — |
| 16 January 2026 | — | — |
| 15 January 2026 | — | — |
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| 13 January 2026 | — | — |
| 12 January 2026 | — | — |
| 11 January 2026 | — | — |
| 10 January 2026 | — | — |
FAQ
How is the platinum rate in Dammam determined?
The platinum rate in Dammam is influenced by international spot prices, mining output from South Africa and Russia, and the automotive industry’s demand (where it is used in catalytic converters). Locally, the USD to INR exchange rate and import duties also play a major role in Dammam.
What is the standard purity for platinum in Dammam?
In Dammam, most platinum jewelry is sold with Pt 950 purity, meaning it contains 95% pure platinum. This high purity makes it naturally hypoallergenic and ideal for those with sensitive skin. Always look for the Pt 950 hallmark and a PGI (Platinum Guild International) certificate.
Platinum vs White Gold: Which is better to buy in Dammam?
Platinum is a naturally white metal that never loses its color, whereas white gold is a yellow gold alloy plated with rhodium that may require re-plating. Platinum is also 40% denser and heavier than gold, making it more durable for engagement rings and wedding bands sold in Dammam.
Does platinum have a good resale value in Dammam?
Yes, while the resale market for gold is more established, most major jewelers in Dammam now offer buy-back or exchange schemes for certified platinum. However, the spread between buying and selling prices is generally wider than that of gold.
What is the GST on platinum in Dammam?
Purchasing platinum in Dammam attracts a standard 3% GST on the metal value. Additionally, a 5% GST is typically applied to the making charges of platinum ornaments.