MoneyUpdated 28 Oct 2026, 07:09 · indicative reference · JPY
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Detailed platinum rates in Japan
| Purity | 1 g | 8 g | 10 g | 100 g |
|---|---|---|---|---|
| PT999 | ¥49.00 | ¥395 | ¥493 | ¥4,934 |
| PT950 | ¥47.00 | ¥375 | ¥469 | ¥4,688 |
Figures are the metal value only — jeweller making charges are added on top.
Platinum rate in Japan — local context
Japan applies its 10% consumption tax to gold bullion purchases (investment gold is not exempt as it is in many other markets), so retail prices run above the international rate shown here in yen; dealers also pay tax on resale.
The figures above are the international platinum price converted to JPY at today’s exchange rate. They do not include local import duty, VAT or GST, so the price at a jeweller in Japan is typically higher — by a few percent in the low-tax Gulf markets, and by 10–20% in markets with a heavy duty such as Nepal, Bangladesh or Pakistan.
Frequently asked questions
What is the platinum price in Japan today?
As of 28 Oct 2026, the indicative 24K gold rate in Japan is about ¥49 per gram and ¥493 per 10 grams; 22K is about ¥452 per 10 grams. Rates update through the day and exclude jeweller making charges.
Is Japan platinum cheaper than in India?
Usually yes for the metal itself — Japan prices exclude India’s import duty and 3% GST, so bars and coins are a few percent cheaper. Bringing gold into India above the customs allowance attracts duty, so the saving narrows once you account for that.
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 and safe-haven demand. This page updates through the day.