Platinum, often referred to as the “rich man’s gold,” remains one of the most prestigious investment options and jewelry metals in India. Today, on February 19, 2026, platinum prices have shown stability across major Indian cities, offering a strategic entry point for buyers looking for long-term value.
According to the latest data from GoodReturns, here is a detailed breakdown of the platinum rates in India today.
Today’s Platinum Prices in India (INR)
The price of platinum is determined by international market trends, the strength of the Indian Rupee, and domestic demand. Currently, the rates are uniform across major hubs like Mumbai, Delhi, Bangalore, and Chennai.
| Unit | Today’s Price (Feb 19) | Yesterday’s Price | Change |
| 1 Gram | ₹6,091 | ₹5,942 | + ₹149 |
| 8 Grams | ₹48,728 | ₹47,536 | + ₹1,192 |
| 10 Grams | ₹60,910 | ₹59,420 | + ₹1,490 |
| 100 Grams | ₹6,09,100 | ₹5,94,200 | + ₹14,900 |
City-Wise Platinum Rates (Feb 19, 2026)
While gold and silver prices often fluctuate between cities due to local taxes, platinum prices currently remain consistent across the following major metropolitan areas:
- Mumbai: ₹60,910 (per 10g)
- New Delhi: ₹60,910 (per 10g)
- Chennai: ₹60,910 (per 10g)
- Bangalore: ₹60,910 (per 10g)
- Hyderabad: ₹60,910 (per 10g)
- Kolkata: ₹60,910 (per 10g)
Platinum Price Trend: February 2026 at a Glance
The month of February has seen significant volatility for platinum investors. After reaching a monthly high of ₹6,614/gram on February 4, the metal saw a correction, hitting a low of ₹5,666/gram on February 6.
Since mid-February, the price has stabilized around the ₹5,900–₹6,000 mark. The current stability at ₹5,942 follows a minor recovery from earlier in the week.
Factors Affecting Platinum Prices Today
- Industrial Demand: Platinum is indispensable in the automotive industry (for catalytic converters) and the electronics sector. Any surge in global manufacturing directly impacts its price.
- Global Economic Cues: As a precious metal, platinum reacts to US Federal Reserve policies and global inflation data.
- Rarity vs. Gold: Platinum is significantly rarer than gold. While its price in India is currently lower than 24K gold (which is trading above ₹1.5 lakh per 10g), its industrial utility often causes independent price rallies.
- Currency Value: The USD to INR exchange rate remains a primary driver for landed costs in India.
Why Buy Platinum?
- Hypoallergenic Properties: Unlike some gold alloys, platinum is 95% pure and hypoallergenic, making it ideal for those with sensitive skin.
- Durability: Platinum is more dense and durable than gold, ensuring that gemstones (like diamonds) are held more securely over time.
- Diversification: Adding platinum to your portfolio provides a hedge against the volatility of the stock market and other precious metals.
Conclusion
Today’s steady platinum price of ₹5,942 per gram offers a moment of calm for retail buyers after a volatile start to the month. Whether you are purchasing a platinum wedding band or investing in bullion, tracking the daily rates on GoodReturns is essential for making an informed decision.
Disclaimer: Platinum rates are subject to change based on market conditions. The prices mentioned do not include GST or making charges. Always verify with your local jeweler before making a purchase.