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Platinum Rate in Kerala (28th November 2022)

Nov 28, 2022
2,565 /Gram -9

Platinum is far rarer than gold and hence it is an extremely incredible precious metal. It is usually more expensive than gold, but on multiple occasions in modern years, regulated by the rules of supply and demand, it has been traded lower than gold. With its high specific mass, platinum is a heavy, dense metal. It is almost twice as heavy as 14-karat gold and has some very unique properties that make it a very desirable metal accessory.

Today Platinum Price Per Gram in Kerala (INR)

Gram Platinum Rate
Today
Platinum Rate
Yesterday
Daily Price Change
1 gram 2,565 2,574 -9
8 gram 20,520 20,592 -72
10 gram 25,650 25,740 -90
100 gram 2,56,500 2,57,400 -900

Platinum Rate in Kerala for Last 10 Days

Date 1 gram 10 gram 100 gram
Nov 28, 2022 2,565.00 25,650.00 2,56,500.00 -9
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 -21
Nov 25, 2022 2,595.00 25,950.00 2,59,500.00 -22
Nov 24, 2022 2,617.00 26,170.00 2,61,700.00 9
Nov 23, 2022 2,608.00 26,080.00 2,60,800.00 1
Nov 22, 2022 2,607.00 26,070.00 2,60,700.00 49
Nov 21, 2022 2,558.00 25,580.00 2,55,800.00 -9
Nov 20, 2022 2,567.00 25,670.00 2,56,700.00 0
Nov 19, 2022 2,567.00 25,670.00 2,56,700.00 -9

Weekly & Monthly Graph of Platinum Price in India

Historical Price of Platinum Rate in Kerala

  • Platinum Price Movement in Kerala, 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 Kerala, September 2022
  • Platinum Price Movement in Kerala, August 2022
  • Platinum Price Movement in Kerala, July 2022
  • Platinum Price Movement in Kerala, June 2022
  • Platinum Price Movement in Kerala, May 2022
Platinum's softness is paired with great intensity, Platinum does not wear away, which means that the original weight of a jewellery commodity will stay the same at the time of purchase even despite decades of extreme use. This is also the factor that large diamonds are often embedded in platinum, as the fastenings appear strong and the exceptional white skin of platinum makes the diamond look whiter and thus more costly. Platinum is amazingly dense. Platinum is used in jewellery, lab instruments, electronic components, dental treatment, and automotive pollution control systems.     

Platinum wear and tear

A metal that attracts women, a product that's pure, peaceful and gentle, a metal that's precious and unique. It derives its name from the word 'Platina' in Spanish, meaning little silver. The platinum unit is "fineness". Gold and platinum are also weighed in grams. Anti-heading, Platinum has everlasting beauty and looks the same with rather negligible wear out during its existence. A scratch on a piece of Platinum is just a metal displacement and none of its quality is compromised. It is lovingly referred to as a "Dead Set metal" ensures it for a lifetime once it holds the diamond. 

Mark of purity

  • Every piece of jewellery sold and crafted by its members is embossed with the Platinum Guild International (PGI) mark.
  • While purchasing, search for the symbol.
  • As a sign of purity, all platinum jewellery will have a PGI mark.
  • If 'Pt' is labelled on a piece of platinum jewellery, then it actually contains 95 per cent pure platinum.

Platinum as an investment

The metal platinum is still in the process of gaining a reputation as compared to gold, silver and diamond in India. The consumption level of yellow metal stands at 700- 800 tons in India, contrarily the consumption of platinum is around 10 tons. Hence the market in India is not mature enough to invest hugely in platinum metals.

The platinum market in India is still in a very nascent stage. Moreover, this metal is imported from abroad and is not available in the country making it more expensive. Its rare availability and less knowledge about the metal have kept the people away from investing in Platinum.

Gold, silver and diamonds are traditionally used for making jewellery in India. The silvery-white metal is yet to gain popularity as an investment option due to its awareness issue.

Gold can either be purchased in the form of jewellery, coins, or bars based on its end users. People who do not have an immediate requirement for jewellery purchase gold coins. By doing so, they can hedge or protect themselves from a possible hike in the prices of the yellow metal. In the case of platinum, no such option exists, all they can do is purchase the ornaments only.

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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