Today’s Platinum Price in India

🏙️ Platinum Price in Top Cities

💡 Platinum Price Trend in India – Last 10 Days

Platinum rates in India have shown a mix of minor rises and dips over the past 10 days. Rates were at Rs. 4,322 per gram on October 22, 2025 — the lowest during this period. Prices rebounded over the next few days, climbing to Rs. 4,584 per gram on October 24, 2025, marking the highest point in this range. Toward the end of the month, rates stabilized slightly lower, settling at Rs. 4,571 per gram on October 31, 2025.

Nature of Platinum

1. Platinum is one of the elements in nature that is most stable chemically. Due to its high stability, it is called Noble metal.
2. It is immune to hydrochloric and nitric acids, but at high temperatures, aqua regia can dissolve it.
3. Platinum reacts with fluorine and oxygen, but only at extremely high temperatures.
4. Physically, platinum is a silver-coloured metal that is soft and lustrous.
5. It has a high boiling point and is very resistant to corrosion.

Factors Affecting Platinum Prices

The price of platinum is impacted by the following factors:

1. Industry Demand : One of the main factors influencing platinum price is industrial demand. Platinum is used extensively in the automotive industry, specifically for catalytic converters. Prices may be significantly impacted by any changes in the automotive industry or technological breakthroughs that change the demand for catalysts based on platinum.

1. Investment Demand : Platinum has drawn strong interest from investors due to its perceived value as a hedge against inflation and fluctuating currencies. Platinum prices can be influenced by shifts in investor sentiment and the need for precious metals as a safe haven.

1. Geopolitical Situation : Platinum prices can be influenced by trade agreements, political and economic stability, and relationships among major countries that produce and consume platinum. Price swings can result from supply constraints caused by trade tensions or disruptions in mining areas.

1. Currency Movements : Changes in the major exchange rates, especially the US dollar, have a significant impact on platinum prices. Because platinum is sold in US dollars worldwide, buyers paying in other currencies typically find it more costly, which could lower demand and have an impact on prices.

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