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Platinum Price in India (30th November 2022)

Nov 30, 2022
2,637 /Gram 19

Platinum is used mostly for female engagement rings, female's and male’s wedding rings. For making dress rings, platinum can also be used, but it is not widely used for making earrings, bracelets, pendants or cufflinks. In the development of fine jewellery, there are many metals used. You will be able to make a smarter and more knowledgeable decision on the purchase of your jewellery by learning insight on various metals, their advantages relative to each other and their unique characteristics.

Today Platinum Price Per Gram in India (INR)

Gram Platinum Rate
Today
Platinum Rate
Yesterday
Daily Price Change
1 gram 2,637 2,618 19
8 gram 21,096 20,944 152
10 gram 26,370 26,180 190
100 gram 2,63,700 2,61,800 1,900

Indian Major Cities Platinum Rates Today

City 1 gram 10 gram 100 gram
Ahmedabad 2,637 26,370 2,63,700
Bangalore 2,637 26,370 2,63,700
Bhubaneswar 2,637 26,370 2,63,700
Chandigarh 2,637 26,370 2,63,700
Chennai 2,637 26,370 2,63,700
Coimbatore 2,637 26,370 2,63,700
Delhi 2,637 26,370 2,63,700
Hyderabad 2,637 26,370 2,63,700
Jaipur 2,637 26,370 2,63,700
Kerala 2,637 26,370 2,63,700
Kolkata 2,637 26,370 2,63,700
Lucknow 2,637 26,370 2,63,700
Madurai 2,637 26,370 2,63,700
Mangalore 2,637 26,370 2,63,700
Mumbai 2,637 26,370 2,63,700
Mysore 2,637 26,370 2,63,700
Nagpur 2,637 26,370 2,63,700
Nashik 2,637 26,370 2,63,700
Patna 2,637 26,370 2,63,700
Surat 2,637 26,370 2,63,700
Vijayawada 2,637 26,370 2,63,700
Visakhapatnam 2,637 26,370 2,63,700

Platinum Rate in India for Last 10 Days

Date 1 gram 10 gram 100 gram
Nov 30, 2022 2,637.00 26,370.00 2,63,700.00 1900
Nov 29, 2022 2,618.00 26,180.00 2,61,800.00 5300
Nov 28, 2022 2,565.00 25,650.00 2,56,500.00 -900
Nov 27, 2022 2,574.00 25,740.00 2,57,400.00 0
Nov 26, 2022 2,574.00 25,740.00 2,57,400.00 -2100
Nov 25, 2022 2,595.00 25,950.00 2,59,500.00 -2200
Nov 24, 2022 2,617.00 26,170.00 2,61,700.00 900
Nov 23, 2022 2,608.00 26,080.00 2,60,800.00 100
Nov 22, 2022 2,607.00 26,070.00 2,60,700.00 4900
Nov 21, 2022 2,558.00 25,580.00 2,55,800.00 -900

Weekly & Monthly Graph of Platinum Price in India

Historical Price of Platinum Rate

  • Platinum Price Movement in October 2022
  • Platinum Rates 1 gram
    1 st October rate Rs.2,251
    31st October rate Rs.2,486
    Highest rate in October Rs.2,548 on October 28
    Lowest rate in October Rs.2,251 on October 1
    Over all performance Rising
    % Change +10.44%
  • Platinum Price Movement in September 2022
  • Platinum Price Movement in August 2022
  • Platinum Price Movement in July 2022
  • Platinum Price Movement in June 2022
  • Platinum Price Movement in May 2022

An old going says that jewellery helps in enhancing an individual’s beauty. Apart from uplifting the beauty of the person jewellery also symbolizes, power, wealth and status. For some people, jewellery is a part of customs, traditions and culture and for others, it is a form of art for creativity and self-expression. On a whole, jewellery indeed plays significant roles in almost everyone’s life in one way or the other. 

Indians have a deep connection with jewellery as the country is known for its affinity towards gold metal. During earlier days gold and silver were the prominent metals used to craft jewellery pieces. Of lately, with the advancement of technology and diversification of the usage of metals, Platinum is making indoors in jewellery markets globally. 

But the rarity of the metal has given an edge for the advertisers to tag the metal as exclusive and associate it with wealth. Platinum is considered a precious metal in line with gold and silver though it has not found as common as the later ones. 

Despite being less popular the Platinum metal has created its niche market and customers with the evolving generation. 

Physical Properties of Platinum

The pure form of platinum is lustrous, malleable and ductile. The silver-white metal is more ductile when compared with silver, gold and copper. The platinum metal is less malleable than gold. It has excellent corrosion resistance and is stable at high temperature. It also has stable electrical properties. 

Due to its physical characteristics and chemical stability, platinum has found a place in industrial applications. Its resistance to wear and tarnish has made it suitable for its usage in the making of fine jewellery. 

Due to its several useful properties, platinum has found its usage in a wide range of industries. Platinum is one of the densest metal elements which is almost twice as dense as lead. It is a very stable, good conductor of electricity, thus giving the metal an excellent corrosion resistance property. 

Platinum is also malleable (able to be formed without breaking) and ductile (able to be deformed without losing its strength). It is considered a biologically compatible metal due to its non-toxic and stable nature.

Its silvery-white colour resistance to corrosion makes it one of the rarest metals. Yet the metal can dissolve in acids. It is useful for those who have sensitive skin. The best examples of platinum are the Hope Diamond and the Star of Africa.

Difference Between Platinum and Gold

Platinum and Gold are two precious metals when it comes to value and appearance. Both are very good forms of investment, yet there are some notable differences between these two metals. Few are immediately notable and others are surprising.

Colour

Colour is one of the most distinguishable differences between gold and platinum. Platinum is white and the colour of gold is yellow. Yet, gold comes in several shades with white gold being closest to the appearance of platinum.

White gold includes alloys like zinc, nickel, and copper along with a rhodium plating. Platinum will have a 95%-98% of platinum composition with a minimal mix of alloys in it.

The presence of rhodium plating gives white gold a bright silvery-white colour.

This plating gives protection to the ornament. Over some time, the rhodium plating will fade and this gives the white gold a more yellowish appearance. If it happens, then the user will have to get it re-plated from the jeweller to restore the white colour. Contrarily, platinum ornaments will never turn yellow as their colour occurs naturally.

Both the colours have a lustrous surface. Yet platinum as a metal maintains a shiny look for a long time compared with white gold. White gold will lose its shine after some years and will require re-polishing and re-plating.

Appearance

White Gold and Platinum appear very similar to each other, yet platinum will retain its appearance for a long time due to its strength and purity. White gold will lose its shine over time and hence it has to be re-polished and re-plated. The work involved with white gold is comparatively more.

Comparatively, yellow gold is better to go for as against white gold for a good number of reasons. Yellow gold requires less maintenance than other shades of gold, especially for an engagement ring.

Different forms of gold like rose, red and pink gold have different percentages of mixes of silver and copper with gold to reach the final colour.

Durability

Though both platinum and gold are strong. Platinum is more durable when compared to yellow metal. Its high density and chemical composition make it last longer. Despite being stronger than the yellow metal – gold, platinum is softer than 14 karat gold. Hence, it scratches faster. However, karat golds (18 karats and 24 karats) are comparatively softer on par with platinum when it comes to scratches.

Maintenance

White gold requires more maintenance work as it has to undergo re-polishing and re-plating every few years to prevent it from turning yellow. The rose gold and yellow gold do require polishing and sometimes re-plating to maintain their appearance. Yet one can stick to home cleaning most of the time.

Like most metals, platinum also tends to scratch and tends to become dull over time. But one can use home cleaning techniques and keep it bright and intact. When one polishes platinum, it smooths the ornament rather than thinning it.

If you are looking for low maintenance, then go for platinum. The order from lowest to highest sustainment are platinum, rose gold, yellow gold, and white gold. So platinum is the lowest maintenance metal and white gold is the highest retainment metal.

Disclaimer: There maybe definitely a variance in rates and prices. GoodReturns.in has made every effort to ensure accuracy of information provided; however, Greynium Information Technologies Pvt Ltd, its subsidiaries and associates do not guarantee such accuracy. The rates are for informational purposes only. It is not a solicitation to buy, sell in precious platinum. Greynium Information Technologies Pvt Ltd, its subsidiaries, associates do not accept culpability for losses and/or damages arising based on platinum information provided. Platinum rates are the futures rates across all cities in India and hence there maybe price variation.

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