6 October 2026 · Source: IBJA + international benchmarks
Platinum Rate Today in India
Live 950 purity platinum prices per gram and 10 grams. Updated daily from IBJA and international market data.
950 Platinum · National Average
₹5,461
per gram · 6 October 2026
Standard purity
Today's platinum price — 950
950 is the global standard for platinum jewellery (95% pure, 5% alloy).
950 Platinum
Pt95095% pure · Tanishq Platinum Love Bands, engagement rings, daily wear
City-wise rates
Platinum rate today in top Indian cities
950 platinum per gram and 10 grams. Sourced from IBJA and international benchmarks.
Weight conversions
Platinum price by weight — India average
Common weight units for 950 purity platinum.
| Weight | 950 Platinum |
|---|---|
| 1 gram | ₹5,461 |
| 5 grams | ₹27,305 |
| 10 grams | ₹54,609 |
| 1 tola (11.664 g) | ₹63,696 |
| 50 grams | ₹2,73,047 |
| 100 grams | ₹5,46,093 |
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Platinum price in all states
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FAQ
Frequently asked questions about platinum
Common questions about platinum prices, purity, and buying in India.
What is the platinum rate today in India?+
Today's 950 platinum rate in India is approximately ₹54,609 per 10 grams or ₹5,461 per gram. These rates are based on IBJA and international benchmark pricing.
Is platinum more expensive than gold in India?+
Historically platinum traded above gold, but since 2015 gold has been more expensive. Currently, platinum is significantly cheaper per gram than gold, making it an interesting alternative for jewellery and investment.
What is 950 platinum?+
950 platinum means the metal is 95% pure platinum with 5% alloy (usually ruthenium or cobalt). This is the standard purity for platinum jewellery worldwide. It is harder and more durable than gold, making it ideal for engagement rings and daily-wear pieces.
Why is platinum cheaper than gold now?+
Platinum's price is driven primarily by industrial demand (automotive catalytic converters, fuel cells) rather than investment demand. Shifts in the automotive industry and lower investment demand relative to gold have kept platinum prices below gold since 2015.
Where can I buy platinum jewellery in India?+
Platinum jewellery is available at major chains like Tanishq (Platinum Love Bands), Malabar Gold, and CaratLane. Look for the Pt950 hallmark stamp. Platinum jewellery carries higher making charges (15-25%) due to higher melting point and harder workability.