Platinum Prices in India Today – February 21, 2026 (Latest Rates)

Platinum, the “white gold” of the precious metals market, has seen a significant price movement today, Saturday, February 21, 2026. As global market volatility continues and industrial demand for clean energy technology surges, platinum remains a sophisticated choice for both luxury jewelry buyers and savvy investors in India.

According to the latest live data from GoodReturns, here is a comprehensive breakdown of today’s platinum rates across India.

Today’s Platinum Prices in India (INR)

The price of platinum has witnessed a notable jump today, tracking the broader rally in precious metals like gold and silver.

Note: These rates are indicative and represent the base price. When buying platinum jewelry, a 3% GST and making charges (usually starting from 10-15%) will be added to the final bill.

City-Wise Platinum Rates (Feb 21, 2026)

Platinum prices in India are generally uniform across major metropolitan cities, though minor variations can occur based on local bullion association guidelines and transportation costs.

• Mumbai: ₹62,910 (per 10g)
• Delhi: ₹62,910 (per 10g)
• Bangalore: ₹62,910 (per 10g)
• Chennai: ₹62,910 (per 10g)
• Hyderabad: ₹62,910 (per 10g)
• Kolkata: ₹62,910 (per 10g)

Key Factors Driving Platinum Prices Today

The sudden ₹1,490 per 10 grams surge in platinum today is influenced by several domestic and international factors:

1. Industrial Demand in Green Tech: Platinum is essential for hydrogen fuel cells and catalytic converters. As India accelerates its green energy transition in 2026, industrial demand is providing a strong floor for prices.
2. Weakening US Dollar: A slight dip in the US Dollar Index has made dollar-denominated metals like platinum cheaper for holders of other currencies, leading to increased global buying.
3. Safe-Haven Rebound: Following the recent global tariff announcements and economic policy shifts, investors are diversifying away from volatile equities and back into precious metals.
4. Supply Constraints: Ongoing mining challenges in South Africa (the world’s largest producer) continue to limit global supply, putting upward pressure on the price per ounce.

Why Invest in Platinum in 2026?

While gold often takes the spotlight in India, platinum offers unique benefits:

• Rarity: Platinum is 30 times rarer than gold, making it a highly exclusive asset.
• Lower Entry Point: Currently, platinum is trading at a significant discount compared to 24K gold (which is near ₹1.60 lakh per 10g). This makes it an attractive entry point for those looking to diversify their portfolio.
• Jewelry Durability: Platinum is much denser than gold and does not wear away over time, making it the preferred metal for secure diamond settings and wedding bands.

Buyer’s Checklist

If you are planning to purchase platinum today:

• Check Purity: Look for the “Pt950” mark, which signifies 95% pure platinum.
• Authentication: Ensure you receive a certificate of authenticity from a reputable lab like the PGI (Platinum Guild International).
• Buyback Policy: Always confirm the jeweler’s buyback or exchange policy, as platinum spreads can differ from gold.

Conclusion

Today’s price of ₹6,091 per gram reflects a bullish turn for the metal. As the market stabilizes after the February budget volatility, platinum appears to be entering a consolidation phase with an upward bias.

For the most accurate and real-time updates, keep a close watch on the GoodReturns Platinum Price page before making your transaction.

Disclaimer: The prices mentioned are based on market data at the time of writing. Precious metal investments carry market risk. Consult a financial advisor before making significant investments.