Today Platinum Rate in Ras al Khaimah (19 January 2026): Pt 950 Price

The platinum rate in Ras al Khaimah 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 Ras al Khaimah.

In Ras al Khaimah, 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 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 Ras al Khaimah.

Yes, while the resale market for gold is more established, most major jewelers in Ras al Khaimah 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.

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