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Platinum Rate in Bhubaneswar (9th August 2022)

Aug 9, 2022
2,406 /Gram 44

Platinum's rare availability makes it expensive. Platinum occurs in some nickel and copper ores along with some native deposits of other metals. This metal is mostly traced in South Africa, which accounts for around 80% of the world’s production of Platinum. Hence silvery-white metal is valuable and a major precious metal commodity.  Platinum is a chemical element and its symbol is Pt. Its atomic number is 78. It is a dense, ductile, precious, silverish–white, malleable, highly unreactive metal. Its name originates from Spanish Platina. This metal has six naturally occurring isotopes. It is one of the rarest elements found on the earth’s crust.   

Today Platinum Price Per Gram in Bhubaneswar (INR)

Gram Platinum Rate
Today
Platinum Rate
Yesterday
Daily Price Change
1 gram 2,406 2,362 44
8 gram 19,248 18,896 352
10 gram 24,060 23,620 440
100 gram 2,40,600 2,36,200 4,400

Platinum Rate in Bhubaneswar for Last 10 Days

Date 1 gram 10 gram 100 gram
Aug 9, 2022 2,406.00 24,060.00 2,40,600.00 44
Aug 8, 2022 2,362.00 23,620.00 2,36,200.00 -21
Aug 7, 2022 2,383.00 23,830.00 2,38,300.00 0
Aug 6, 2022 2,383.00 23,830.00 2,38,300.00 14
Aug 5, 2022 2,369.00 23,690.00 2,36,900.00 88
Aug 4, 2022 2,281.00 22,810.00 2,28,100.00 13
Aug 3, 2022 2,268.00 22,680.00 2,26,800.00 -31
Aug 2, 2022 2,299.00 22,990.00 2,29,900.00 33
Aug 1, 2022 2,266.00 22,660.00 2,26,600.00 -20
Jul 31, 2022 2,286.00 22,860.00 2,28,600.00 1

Weekly & Monthly Graph of Platinum Price in India

Historical Price of Platinum Rate in Bhubaneswar

  • Platinum Price Movement in Bhubaneswar, July 2022
  • Platinum Rates 1 gram
    1 st July rate Rs.2,271
    31st July rate Rs.2,286
    Highest rate in July Rs.2,286 on July 31
    Lowest rate in July Rs.2,161 on July 15
    Over all performance Rising
    % Change +0.66%
  • Platinum Price Movement in Bhubaneswar, June 2022
  • Platinum Price Movement in Bhubaneswar, May 2022
  • Platinum Price Movement in Bhubaneswar, April 2022
  • Platinum Price Movement in Bhubaneswar, March 2022
  • Platinum Price Movement in Bhubaneswar, February 2022
Jewellery stores purchase and sell platinum in gram, tola, sovereign, pavan, ounce and kilogram in Bhubaneswar. The equivalent of 1 gram of platinum is 1000 milligrams. 1 platinum tola is equal to 11.6638038 gram, 1 platinum sovereign is equal to 8 gram, 1 platinum pavan is equal to 8 gram, 1 platinum ounce is equal to 31.1034768 gram, 1 platinum kilogram is equal to 1000 gram. They sell platinum bars in kilos. Biscuits made of platinum are sold in ounces. In grams, tolas, sovereigns or pavans, platinum coins are distributed across the city. The platinum rate in Bhubaneswar has seen a positive trend over the last few years. 

How to determine purity in Platinum jewellery?

Platinum is a high-value ideal for wedding rings, engagement rings and other fine jewellery. Its toughness, natural white-silver shine and hardness make this rare metal attractive for men and women in rings. However, platinum rings vary in consistency and purity, so it's necessary to look at the piece of jewellery and speak to a reputable jeweller about it before buying it. This will help to ensure that you walk out the door with a ring that you will love for a lifetime.

Identify the letters and the hallmark numbers in Platinum

As part of the platinum hallmark, look at the numbers and/or letters that are provided. The letters will mark the ring as platinum, while the numbers indicate how many parts by weight out of 1000 are pure platinum. 

  • If letters are provided, either PT, PLAT, or PLATINUM, it thus indicates that the ring is at least 95% pure platinum.
  • In the U.S., 850, 900, or 950 can be the number assigned before or after these letters. This means that the ring is made of 85%, 90% or 95% pure platinum, respectively. The other portion of the composition of the ring is a metal with which platinum is alloyed in order to make it denser.   

Uses of Platinum

Platinum has found its usage in catalytic converters, platinum resistance thermometers, electrical contracts, laboratory equipment, electrodes, dentistry equipment, and jewellery. Apart from this, the metal is used in the glass industry to manipulate molten glass which does not wet platinum. Platinum is a heavy metal. Upon exposure to its salts, one may have to face health issues, but owing to its corrosion resistance, it has not been linked to adverse health effects. Few of the drugs used for treating Cancer contain platinum-like cisplatin, carboplatin, and oxaliplatin. h Platina. This metal has six naturally occurring isotopes. It is one of the rarest elements found on the earth’s crust.

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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