Platinum, often referred to as “white gold,” has become a staple for modern investors and jewelry enthusiasts across India. Known for its rarity and industrial utility, the price of platinum fluctuates daily based on global market trends and local demand.
If you are looking to buy platinum today, staying updated with the latest live rates is essential. Below is a comprehensive guide to today’s platinum prices in India, based on the latest data from Goodreturns.
Platinum Price Today in India (February 12, 2026)
Today, platinum prices in India have seen a slight correction following a period of volatility. As of February 12, 2026, the retail price for platinum is as follows:
| Weight | Today’s Platinum Rate (INR) | Yesterday’s Price (INR) | Change |
| 1 Gram | ₹6,173 | ₹6,224 | -₹51 |
| 8 Grams | ₹49,384 | ₹49,792 | -₹408 |
| 10 Grams | ₹61,730 | ₹62,240 | -₹510 |
| 100 Grams | ₹6,17,300 | ₹6,22,400 | -₹5,100 |
Note: Prices are indicative and may vary slightly based on local taxes, GST (typically 3%), and making charges at individual jewelry stores.
City-Wise Platinum Rates in India
Platinum prices remain largely uniform across major Indian metros, though minor differences may occur due to local transportation costs and demand-supply dynamics.
- Mumbai: ₹6,173 per gram
- Delhi: ₹6,173 per gram
- Chennai: ₹6,173 per gram
- Bangalore: ₹6,173 per gram
- Hyderabad: ₹6,173 per gram
- Kolkata: ₹6,173 per gram
Factors Influencing Platinum Prices in India
Unlike gold, which is primarily seen as a safe-haven asset, platinum is heavily influenced by industrial performance. Here are the key factors driving today’s prices:
- Industrial Demand: Platinum is critical in the automotive industry (specifically for catalytic converters). Any shifts in global car manufacturing directly impact the price.
- Global Economy: As an internationally traded commodity, the USD to INR exchange rate plays a massive role. A weaker Rupee makes platinum more expensive in India.
- Mining Supply: Over 70% of the world’s platinum comes from South Africa. Geopolitical issues or mining strikes in that region can lead to a sudden spike in prices.
- Investor Sentiment: During times of high inflation, investors often turn to precious metals, including platinum, to hedge their portfolios.
Is Today a Good Day to Buy Platinum?
The current rate of ₹6,173 per gram reflects a decline from yesterday’s high. Historically, February 2026 has been a volatile month for platinum, with the highest price reaching ₹6,614 on February 4 and a low of ₹5,666 on February 6.
For long-term investors, buying during these price corrections can be a strategic move. However, if you are purchasing for jewelry, it is always recommended to check for the PGI (Platinum Guild International) hallmark to ensure purity.
Conclusion
Platinum continues to be an attractive alternative to gold for those seeking a sophisticated look and a diversifying investment. While today’s rate has seen a minor dip, the metal’s long-term value remains robust due to its scarcity.
Stay tuned for daily updates on precious metal rates in India!