Platinum prices in India have witnessed a notable upward movement today, Saturday, January 17, 2026. Following a period of relative stability earlier in the week, the precious metal has gained momentum, reflecting the broader “Rising” trend seen throughout the month of January.
According to the latest market data from Goodreturns, the price of platinum has increased by ₹28 per gram compared to yesterday’s closing rates.
Today’s Platinum Rates in India (INR)
| Quantity | Today’s Price (Jan 17) | Yesterday’s Price (Jan 16) | Change |
| 1 Gram | ₹6,814 | ₹6,786 | + ₹28 |
| 8 Grams | ₹54,512 | ₹54,288 | + ₹224 |
| 10 Grams | ₹68,140 | ₹67,860 | + ₹280 |
| 100 Grams | ₹6,81,400 | ₹6,78,600 | + ₹2,800 |
City-Wise Platinum Rates
As of today, platinum pricing remains consistent across major Indian metropolitan hubs. Whether you are in the north or south, the prevailing rate for 10 grams of platinum is ₹68,140.
- Mumbai: ₹6,814 / gram
- Delhi: ₹6,814 / gram
- Chennai: ₹6,814 / gram
- Bengaluru: ₹6,814 / gram
- Hyderabad: ₹6,814 / gram
- Kolkata: ₹6,814 / gram
Monthly Performance Recap
January 2026 has been a stellar month for platinum investors. The metal opened the year at ₹5,975 per gram and has seen a substantial growth of approximately 14.04% in just over two weeks.
The monthly high was recorded on January 14th, when prices touched ₹7,014 per gram. While there was a sharp correction on January 15th, today’s recovery signals continued strength in the bullion market.
Factors Influencing the Rise
Several factors are currently driving the appetite for platinum in India:
- Industrial Demand: As a critical component in green technology and automotive catalysts, platinum’s industrial utility keeps demand high.
- Rarity and Value: Platinum is significantly rarer than gold. Its natural white luster and hypoallergenic properties make it a favorite for modern bridal jewelry (Pt 950).
- Global Trends: Tight supply from major producers and fluctuations in the international commodity markets often cause ripple effects in domestic Indian rates.
Investing in Platinum
While gold remains the traditional choice for many Indian households, platinum is increasingly seen as a sophisticated alternative for portfolio diversification. Its durability and the current bullish trend make it an attractive option for those looking beyond the yellow metal.