Today’s Platinum Price in India

🏙️ City-Wise Platinum Price in India

📊Historical Platinum Price Trend in India (2015–2025)

Here’s a simplified historical Platinum Price in India (₹ per gram) table covering 2015 to 2025, based on annual average converted values:

📈 Platinum Price Trend – November 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.

Platinum Purity Levels Used in India

Common purity grades available in the Indian market:

Is Platinum a Good Investment in India?

Platinum’s investment appeal depends on economic cycles and industrial demand patterns.

Advantages

1. Strong industrial demand in the automotive and renewable sectors
2. Historically undervalued compared to gold
3. Rare metal with limited global reserves
4. Gaining relevance in hydrogen-based energy technologies

Risks

1. Higher volatility than gold
2. Global economic slowdowns reduce industrial demand
3. Prices sensitive to USD movements

Ideal For

1. Diversification beyond gold
2. Investors with medium-to-long-term horizons
3. Those interested in industrial metals and commodity cycles

Factors Influencing Platinum Prices

Platinum prices in India and global markets are shaped by several economic, industrial and geopolitical variables. The key factors include:

1. Industrial Demand

Industrial consumption is the most significant driver of platinum prices. The metal is heavily used in the automotive sector, primarily for manufacturing catalytic converters that help reduce vehicle emissions. Any shift in automotive production, change in emission standards, or technological advancements affecting catalyst materials can directly impact platinum demand and pricing.

2. Investment Demand

Platinum is also sought after as an investment asset, particularly during periods of economic uncertainty. Investors view it as a hedge against inflation, currency fluctuations and market volatility. A rise or decline in investment demand—through ETFs, physical purchases or institutional buying—can lead to noticeable price movements.

3. Geopolitical and Supply-Side Conditions

Global platinum supply is highly concentrated, with major production coming from countries like South Africa and Russia. Political instability, labour strikes, mining disruptions or trade restrictions in these regions can reduce supply, creating upward pressure on prices. Similarly, global trade agreements and geopolitical tensions can contribute to price volatility.

4. Currency Movements

Platinum is traded internationally in US dollars, making currency fluctuations a crucial price determinant. A stronger US dollar typically makes platinum more expensive for countries using other currencies, which can reduce demand. Conversely, a weaker dollar often supports higher global demand and firmer prices.

🥇 Difference between Platinum vs Gold vs Silver

Gold, platinum, and silver differ significantly in durability, appearance and long-term value.

1. Gold remains the most popular due to its strong resale value and traditional appeal.
2. Platinum, being the rarest and most durable, is preferred for premium jewelry and engagement rings.
3. Silver is more affordable but requires frequent maintenance as it scratches and tarnishes easily.