MoneyUpdated 9 Sep 2026, 04:10 · indicative reference
Calculator
Enter any amount to see how much platinum you can get
Detailed platinum rates
| Purity | 1 g | 8 g | 10 g | 100 g |
|---|---|---|---|---|
| PT999 | ₹6,348 | ₹50,786 | ₹63,482 | ₹634,821 |
| PT950 | ₹6,031 | ₹48,246 | ₹60,308 | ₹603,080 |
Figures are the metal value only — jeweller making charges and 3% GST are added on top.
How the platinum rate in India is set
India’s platinum rate is set by the international price in US dollars, the USD/INR exchange rate, import duty and a uniform 3% GST. City-to-city differences are small and come from local jewellers’ association benchmarks, the regional retail premium, and making-charge conventions rather than tax. The India Bullion & Jewellers Association (IBJA) rate published from Mumbai is the benchmark most jewellers follow.
Use the location selector at the top for any Indian city or a country like Dubai, Pakistan, Nepal or the UK. Popular Indian cities: Delhi · Mumbai · Chennai · Kolkata · Bengaluru · Hyderabad · Pune · Ahmedabad.
Frequently asked questions
What is the platinum price in India today?
As of 9 Sep 2026, the indicative 24K gold rate in India is about ₹6,348 per gram and ₹63,482 per 10 grams; 22K is about ₹58,150 per 10 grams. Rates update through the day and exclude jeweller making charges.
Why does the platinum rate differ between Indian cities?
GST on platinum is a uniform 3% across India, so state-level differences are now small. Remaining variation comes from local jewellers’ association benchmarks, transport and insurance from bullion hubs, coin/bar premiums and local demand.
How is the platinum rate in India calculated?
The pan-India reference rate is derived from the international platinum price (US dollars per troy ounce) converted to rupees per gram at the live USD/INR rate, then adjusted for India’s import duty and 3% GST. Jewellers add making charges and hallmarking on top.
Is GST included in the platinum rate shown here?
The headline per-gram rate is the metal value only. The calculator on this page adds 3% GST and optional making charges so you can see the final billed amount.
What will platinum prices be tomorrow?
No one can reliably predict the next day’s platinum price. It moves with the international platinum price, the US dollar, interest-rate expectations and safe-haven demand. This page updates through the day so you can track the trend.