As of January 10, 2026, platinum prices in India have seen a notable uptick, reflecting a positive shift in the precious metals market. Known for its rarity and natural silvery-white luster, platinum continues to carve out a niche for itself among Indian investors and jewelry enthusiasts, often being favored for its durability and hypoallergenic properties.
Today’s Platinum Rates in India
According to the latest data from Goodreturns, the price of platinum has increased by ₹102 per gram compared to yesterday’s rates. Below is a breakdown of the current prices for different quantities:
| Quantity | Today’s Price (INR) | Yesterday’s Price (INR) | Change |
| 1 Gram | ₹6,558 | ₹6,456 | + ₹102 |
| 8 Grams | ₹52,464 | ₹51,648 | + ₹816 |
| 10 Grams | ₹65,580 | ₹64,560 | + ₹1,020 |
| 100 Grams | ₹6,55,800 | ₹6,45,600 | + ₹10,200 |
City-Wise Rates
Platinum pricing remains uniform across major Indian metropolitan cities today. In hubs like Mumbai, Delhi, Chennai, Kolkata, Bengaluru, and Hyderabad, the rate is consistently quoted at ₹6,558 per gram.
Market Trends and Performance
January 2026 has been a month of significant growth for the metal. After starting the year at ₹5,975 per gram on January 1st, the price reached a monthly high of ₹6,753 on January 7th. Despite some volatility earlier in the week, the overall performance for the month remains “Rising,” with a percentage change of approximately +8.05% so far.
Historically, platinum has shown immense strength. For context, the metal saw a massive 19.86% increase in December 2025, closing the year on a high note.
Why Platinum is Gaining Popularity
While gold remains the traditional favorite in India, platinum is increasingly preferred by the younger generation, particularly for:
- Engagement and Wedding Rings: Its strength makes it the ideal metal for holding precious gemstones like diamonds securely.
- Durability: Unlike white gold, which is often plated with rhodium, platinum is naturally white and does not fade or turn yellowish over time.
- Purity: Platinum jewelry in India is typically 95% pure (Pt 950), making it hypoallergenic and suitable for those with sensitive skin.
Factors Influencing the Price
Current price movements are largely driven by global commodity trends and industrial demand. As a critical component in catalytic converters and various high-tech industrial applications, supply constraints from major producers like South Africa often lead to price surges. Additionally, as the US Dollar fluctuates and global investors look for safe-haven assets, platinum often follows the broader trend of precious metals like gold and silver.
Investor Tip: For those looking to diversify their portfolio beyond gold, platinum offers a unique entry point into the precious metals market, especially during periods of industrial growth and limited supply.