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Platinum Price History in India for 2026

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Trend graph
Low: ₹5,102High: ₹8,427
₹8,926₹7,845₹6,765₹5,684₹4,60301 January 202617 June 2026

Today’s prices

Silver and platinum rates are not available for countries.
Updated: 17 Jun 2026, 16:07
Platinum
+₹174
₹5,422 / g

Disclaimer: Rates are indicative and may vary by jeweller. Making charges, wastage and GST (3%) may apply.

Platinum Investment Guide for India

Rarity & Value
Platinum is 30 times rarer than gold. In India, it is preferred for engagement rings due to its density and durability. It does not fade like white gold.
Taxation on Platinum
Platinum jewelry attracts 3% GST. Investment in platinum bars is less common but follows similar capital gains tax structures as gold.
Checklist Before Buying
1. Ensure the jewelry is marked Pt950 (95% purity).
2. Buyback policies for platinum can start from 70-80% of value, so check terms.
3. Authorised PGI (Platinum Guild International) retailers are recommended.

2026 Performance: High, Low, and Average Platinum Rates in India

In 2026, the highest recorded price for Pt 950 platinum in India was ₹₹8,427 per gram, while the lowest touched ₹₹5,102. With a yearly average of ₹₹6,224, tracking the 2026 trend helps India buyers understand the luxury metal’s value cycle.

Full 2026 platinum rate chart for India. View annual high/low prices, yearly averages, and Pt 950 market performance reports for India.

Platinum Rate in Other Cities

FAQ

What was the overall platinum price growth in India during 2026?

Platinum in India saw a growth of approximately -9.26% over 2026. This was driven by a global supply deficit, particularly from South African mines, and rising industrial demand for green technology.

How does the 2026 platinum rate in India compare to gold?

Historically, platinum in India has traded at a discount to gold during 2026, making it an attractive alternative for luxury jewelry buyers and diversifying investors.

Can I use this 2026 data for insurance or tax valuation in India?

Our 2026 price history for India provides a reliable benchmark for calculating the replacement value of Pt 950 jewelry for insurance or personal asset records.

Why did platinum prices fluctuate so much in India during 2026?

Fluctuations in India were largely due to platinum’s dual role as both a precious metal and an industrial metal used in automotive catalysts and hydrogen fuel cells.