Today Platinum Rate in Paramakudi (05 March 2026): Pt 950 Price
Disclaimer: Rates are indicative and may vary by jeweller. Making charges, wastage and GST (3%) may apply.
Platinum Investment Guide for Paramakudi
Rarity & Value
Taxation on Platinum
Checklist Before Buying
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 Paramakudi per Gram
The live platinum price in Paramakudi 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 Paramakudi. 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 Paramakudi per gram. Get real-time Pt 950 prices, historical trends, and purity guides for platinum jewelry in Paramakudi.
Trend
| Date | Price / g | Change / 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 Paramakudi determined?
The platinum rate in Paramakudi 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 Paramakudi.
What is the standard purity for platinum in Paramakudi?
In Paramakudi, 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 Paramakudi?
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 Paramakudi.
Does platinum have a good resale value in Paramakudi?
Yes, while the resale market for gold is more established, most major jewelers in Paramakudi 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 Paramakudi?
Purchasing platinum in Paramakudi attracts a standard 3% GST on the metal value. Additionally, a 5% GST is typically applied to the making charges of platinum ornaments.