Platinum Prices in India January 14, 2026

Keeping track of platinum rates today is essential for jewellery buyers, investors, and traders who want accurate and up-to-date pricing before making financial decisions. In this SEO-optimized article, we will break down the current platinum prices in Mumbai, explain what affects price movements, and offer insights on historical trends.

According to the GoodReturns price tracker, today’s platinum rate in Mumbai as of 14 January 2026 is:

• ₹7,014 per gram (up by ₹250)
• ₹70,140 per 10 grams (up by ₹2,500)
  This reflects a noticeable rise from the previous day’s price.

Current Platinum Price in Mumbai

Platinum Price per Unit

Platinum rates are updated regularly to reflect global market movements, exchange rate shifts, and local demand fluctuations. These prices typically serve as base rates before retail jewellers add making charges and taxes.

What Is Driving Platinum Price Movements?

Understanding global and local factors helps explain why platinum prices can be volatile.

1. Global Industrial Demand

Platinum is heavily used in automotive catalytic converters, electronics, chemical production, and hydrogen fuel cells. Industrial demand—especially from the automotive sector—is a major driver of platinum prices. When industrial demand rises, prices tend to follow.

2. Supply Constraints

Global platinum supply can be affected by mining disruptions in major producers, labor strikes, and geopolitical tensions. Supply shortages push prices upward, particularly when demand remains strong or increases unexpectedly.

3. Investor Interest

Precious metals often attract investment during periods of uncertainty in financial markets. Platinum has shown strong performance relative to gold and silver in recent years, drawing investor attention.

Historical Trend — Recent Platinum Rate Movement

Looking at recent price movement provides perspective on short-term trends:

This shows a clear upward trajectory over the first half of January 2026, indicating stronger market sentiment and demand.

Read our previous post: Silver Prices in India January 14, 2026: Latest Update & Market Trends

Platinum Vs Gold — Which Is Better for Jewellery?

Many consumers compare platinum with gold before making a purchase.

Platinum: More durable and hypoallergenic, higher density, often heavier pieces, prices are typically more stable.
Gold: More liquid and easier to resell, wider global use, price swings influenced by festival demand.

Although platinum can be more expensive per gram in raw price, its durability and purity make it popular for wedding bands, engagement rings, and heirloom pieces.

Tips Before Buying Platinum Jewellery

If you’re planning to buy platinum jewellery in Mumbai:

Check live rates: Always check today’s platinum rate before purchase to avoid overpaying.
Factor in making charges: Retail prices include labour and design costs—often 8–15% of the base rate.
Consider resale value: Unlike gold, platinum often has lower buyback rates due to market demand, so factor this into your investment decision.

Final Thoughts

Tracking platinum rates daily ensures that jewelery buyers and metal investors are informed before making financial decisions. As of 14 January 2026, the platinum price in Mumbai stands at ₹7,014 per gram, showing a recent uptrend in market rates.

Platinum’s unique combination of industrial utility and investment appeal makes it a compelling precious metal, especially during times when global markets experience uncertainty. Whether you are buying jewellery, investing in precious metals, or tracking market trends, keeping an eye on daily rate changes can help you make smarter decisions.

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