If you are considering an investment in precious metals or looking to purchase luxury jewelry, staying updated on the current platinum price in India is essential. Known as the “rich man’s gold,” platinum remains a popular choice for its durability, rarity, and naturally white luster.
As of February 14, 2026, the price of platinum in India has seen significant movement compared to earlier in the month. Below is a detailed breakdown of the current rates and the factors influencing the market.
Today’s Platinum Prices (INR)
The following rates are applicable across major Indian cities including Mumbai, Delhi, Bangalore, Chennai, and Kolkata.
| Unit | Today’s Price (INR) | Yesterday’s Price (INR) | Price Change |
| 1 Gram | ₹5,914 | ₹5,914 | ₹0 (No Change) |
| 8 Grams | ₹47,312 | ₹47,312 | ₹0 |
| 10 Grams | ₹59,140 | ₹59,140 | ₹0 |
| 100 Grams | ₹5,91,400 | ₹5,91,400 | ₹0 |
Note: While the price remained steady today, it follows a sharp dip from February 13, where prices fell by ₹259 per gram.
Performance Highlights for February 2026
The platinum market has been highly volatile this month. Investors should note the following historical benchmarks for February:
- Highest Rate: ₹6,614 per gram (recorded on February 4, 2026)
- Lowest Rate: ₹5,666 per gram (recorded on February 6, 2026)
- Overall Performance: Falling (Current monthly change is approximately -3%)
Platinum Rates in Major Indian Cities
While the base price often remains uniform across the country, local taxes and octroi may lead to slight variations at the retail level.
- Mumbai/Delhi: ₹5,914 per gram
- Chennai: ₹5,914 per gram
- Bangalore: ₹5,914 per gram
- Hyderabad: ₹5,914 per gram
Why Choose Platinum?
Unlike white gold, which is an alloy of yellow gold and other metals, platinum is used in jewelry in its near-pure form (95% purity). Here is why buyers are increasingly choosing it over other metals:
- Hypoallergenic: Ideal for those with sensitive skin.
- Durability: Its high density makes it more resistant to wear and tear compared to gold.
- Everlasting Color: Platinum does not tarnish or turn yellow over time; its white sheen is permanent.
Factors Affecting Platinum Prices in India
Several global and domestic factors influence the daily price of platinum:
- Global Demand: Platinum is heavily used in the automotive industry (catalytic converters), meaning industrial demand impacts its market value.
- Currency Fluctuations: Since platinum is traded in USD, the strength of the Indian Rupee (INR) against the Dollar plays a crucial role.
- Geopolitical Stability: Tensions in major mining regions like South Africa and Russia often lead to supply chain disruptions and price hikes.
Conclusion
For investors looking to diversify their portfolio, the current price of ₹6,006 per gram represents a notable entry point compared to the highs seen earlier this month. However, given the “Falling” trend indicated by recent data, it is advisable to monitor the market closely for further corrections.
For real-time updates and historical data, you can visit the Goodreturns Platinum Price Page.