Updated 9 Sep 2026, 05:18 · indicative reference · GBP
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Detailed platinum rates in London
| Purity | 1 g | 8 g | 10 g | 100 g |
|---|---|---|---|---|
| PT999 | £43.67 | £349.40 | £436.75 | £4,367.47 |
| PT950 | £41.49 | £331.93 | £414.91 | £4,149.10 |
Figures are the metal value only — jeweller making charges are added on top.
Platinum rate in London — local context
Investment gold is exempt from VAT in the UK. London is the centre of the global over-the-counter bullion market and sets the twice-daily LBMA price.
The figures above are the international platinum price converted to GBP at today’s exchange rate. They do not include local import duty, VAT or GST, so the price at a jeweller in London 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 London today?
As of 9 Sep 2026, the indicative 24K gold rate in London is about £43.67 per gram and £436.75 per 10 grams; 22K is about £400.06 per 10 grams. Rates update through the day and exclude jeweller making charges.
Is London platinum cheaper than in India?
Usually yes for the metal itself — London 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.