Today Platinum Rate in Kolhapur (05 March 2026): Pt 950 Price

Today’s prices

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Updated: 05 Mar 2026, 19:15
Platinum
+₹89
₹6,399 / g

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

Platinum Investment Guide for Kolhapur

Rarity & Value
Platinum is 30 times rarer than gold. In Kolhapur, 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.

Live Platinum Price Trends in Kolhapur per Gram

The live platinum price in Kolhapur today is ₹6,399 per gram for Pt 950. Platinum is 30 times rarer than gold and is the preferred choice for modern jewelry in Kolhapur. Its price is driven by global industrial demand and luxury market trends. Check our live 05 March 2026 updates before your purchase.

Check today's live platinum rate in Kolhapur per gram. Get real-time Pt 950 prices, historical trends, and purity guides for platinum jewelry in Kolhapur.

Trend

Trend graph
Low: ₹6,229High: ₹6,976
₹7,088₹6,845₹6,603₹6,360₹6,11724 February 202605 March 2026
DatePrice / gChange / g
05 March 2026₹6,399+₹89 (+1.41%)
04 March 2026₹6,310-₹456 (-6.74%)
03 March 2026₹6,766-₹210 (-3.01%)
02 March 2026₹6,976+₹63 (+0.91%)
01 March 2026₹6,913₹0 (+0.00%)
28 February 2026₹6,913-₹52 (-0.75%)
27 February 2026₹6,965+₹285 (+4.27%)
26 February 2026₹6,680+₹161 (+2.47%)
25 February 2026₹6,519+₹290 (+4.66%)
24 February 2026₹6,229-₹78 (-1.24%)

Platinum Rate in Other Cities

FAQ

How is the platinum rate in Kolhapur determined?

The platinum rate in Kolhapur 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 Kolhapur.

What is the standard purity for platinum in Kolhapur?

In Kolhapur, 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 Kolhapur?

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 Kolhapur.

Does platinum have a good resale value in Kolhapur?

Yes, while the resale market for gold is more established, most major jewelers in Kolhapur 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 Kolhapur?

Purchasing platinum in Kolhapur attracts a standard 3% GST on the metal value. Additionally, a 5% GST is typically applied to the making charges of platinum ornaments.