Platinum Prices in India Today – February 18, 2026 (Latest Rates)

Are you looking to invest in the “rich man’s gold”? Platinum has become an increasingly popular choice for Indian investors and jewelry lovers alike, thanks to its exceptional durability and sophisticated white luster. Keeping a pulse on daily price movements is vital for making an informed purchase.

Based on the latest data from Goodreturns, here is everything you need to know about platinum prices in India today, February 18, 2026.

Platinum Price in India Today (February 18, 2026)

Today, the platinum rate in India has witnessed a notable decline, providing a potential window for buyers. The retail price for platinum is currently:

• Platinum Price per Gram: ₹5,863 (Down ₹125 from yesterday)
• Platinum Price per 10 Grams: ₹58,630 (Down ₹1,250 from yesterday)
• Platinum Price per 100 Grams: ₹5,86,300 (Down ₹12,500 from yesterday)

Today’s Platinum Rate Comparison (INR)

City-Wise Platinum Rates in India

Platinum prices are generally uniform across major Indian metro cities, though minor variations can occur based on local taxes and dealer margins. Here are the rates for 10 grams of platinum in top cities today:

Recent Platinum Price Trends (February 2026)

The month of February has seen significant volatility for platinum. After starting the month at higher levels, the metal has entered a “falling” phase, making the current rates some of the most competitive in recent weeks.

• 18 Feb 2026: ₹5,863/g (Current)
• 11 Feb 2026: ₹6,224/g (Mid-month High)
• 04 Feb 2026: ₹6,614/g (Monthly High)
• 06 Feb 2026: ₹5,666/g (Monthly Low)

The current price of ₹5,863 per gram represents a decline of nearly 11% from the monthly high seen on February 4th.

Why Buy Platinum Today?

Platinum is often preferred over gold for several unique reasons:

1. High Purity: Most platinum jewelry is 95% pure (Pt 950), compared to 18K or 22K gold which contains more alloys.
2. Hypoallergenic: Its high purity makes it ideal for those with sensitive skin as it rarely causes allergic reactions.
3. Durability: Platinum is much denser and stronger than gold, meaning it holds gemstones more securely and resists wear and tear over decades.
4. Natural Hue: Unlike white gold, which is yellow gold plated with rhodium, platinum is naturally white and will never fade or turn yellow.

Factors Impacting Platinum Rates

Several global and domestic factors drive the price of platinum in India:

• Global Supply: A large majority of the world’s platinum is mined in South Africa and Russia. Any geopolitical tension or mining strikes in these regions can cause prices to spike.
• Industrial Demand: Over 40% of platinum is used in the automotive industry (catalytic converters). Shifts toward or away from diesel/hydrogen vehicles impact demand.
• The US Dollar: Like most precious metals, platinum is priced in dollars globally. A strengthening USD often makes platinum more expensive in Indian Rupees.
• Economic Cues: Investors often turn to platinum as a hedge against inflation or during times of stock market uncertainty.

Investor’s Outlook

With prices currently retreating from their early February peaks, today’s rate of ₹58,630 per 10 grams may be viewed by long-term investors as a strategic buying opportunity. However, given the current “falling” trend, buyers should keep a close watch on the market for further corrections.

For the most accurate, real-time updates and historical charts, visit the Goodreturns Platinum Price page.

Disclaimer: The rates mentioned are indicative and do not include GST, making charges, or other local levies. Please verify the final price with your local jeweler before making a transaction.