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Platinum Rate in Kolkata (30th November 2022)

Nov 30, 2022
2,618 /Gram 53

Platinum has a silvery-white lustre that conveys extraordinary beauty and fits well with a selection of metals and stones, frequently hailed as just as stunning as the gems it portrays. Platinum is known for its hard-wearing properties, resistance to corrosion and wear, and its significant sturdiness, four times stronger than gold. We're proud to deliver the platinum price of top metropolitan cities of India including Kolkata in our portal i.e. Goodreturns.in.

Today Platinum Price Per Gram in Kolkata (INR)

Gram Platinum Rate
Today
Platinum Rate
Yesterday
Daily Price Change
1 gram 2,618 2,565 53
8 gram 20,944 20,520 424
10 gram 26,180 25,650 530
100 gram 2,61,800 2,56,500 5,300

Platinum Rate in Kolkata for Last 10 Days

Date 1 gram 10 gram 100 gram
Nov 29, 2022 2,618.00 26,180.00 2,61,800.00 53
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

Weekly & Monthly Graph of Platinum Price in India

Historical Price of Platinum Rate in Kolkata

  • Platinum Price Movement in Kolkata, 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 Kolkata, September 2022
  • Platinum Price Movement in Kolkata, August 2022
  • Platinum Price Movement in Kolkata, July 2022
  • Platinum Price Movement in Kolkata, June 2022
  • Platinum Price Movement in Kolkata, May 2022

Generally platinum consists of pure platinum of at least 95 per cent, with alloy metals of at most 5 per cent. Platinum has become strongly correlated with elegance and durability, being deemed among the purest and most precious metals used in present-day jewellery production. Pure platinum is however blended with other metals to make it more malleable due to its hardness and durability. High-grade platinum is known only to be metals labelled with a 950 or 900 purity mark. To make jewellery, alloys comprising a lower ratio are also used, but these products do not offer the same good quality, longevity or attractiveness ideals. 

950 Platinum: A combination of 95 per cent platinum and 5 per cent alloy metals (generally ruthenium, copper, cobalt, iridium, rhodium, or palladium) are pieces labelled with a purity of 950.

900 Platinum: Pieces labelled with a purity of 900 comprise 90% platinum and 10% (generally ruthenium or iridium) alloy metals.

Difference Between Silver and Platinum

  • Platinum is a rare metal and hence it is more valuable than silver metal.
  • Platinum is more ductile when compared with silver.
  • Silver as a metal is known for its highest level of thermal conductivity and electrical conductivity.
  • Platinum has more resistant to corrosion when compared with silver metal.
  • Off the two metals – Platinum and Silver, it is easy to maintain platinum and keep it lustrous for a long time.
  • Due to its rare availability, platinum is priced heavily when compared to silver. Silver is more affordable and also makes an ideal choice for large statement jewellery accessories and costume jewellery.
  • Platinum and Silver are hypoallergic and can be worn by individuals who are prone to skin sensitivities and metal allergies.

Platinum Purity

Platinum is the purest of all the valuable metals used to manufacture luxury jewellery and is typically alloyed to a purity of 95%. Platinum, specifically when alloyed with ruthenium, has a very pure white lustre. On the scale of hardness, platinum is extremely harder than gold with a hardness of 4-4.5, comparable to iron hardness, while gold has a hardness of 2.5 on the Moh scale. Platinum purity is not measured in Karats but in thousands of parts. Pure platinum is 1000 out of 1000 parts pure, while 950/1000 parts pure is the most common alloy used throughout India. As demonstrated in percentage, this equals 95 per cent purity. Though platinum alloys of as low as 585/1000 parts are approved by some countries, the Indian quality limit is set at a low of 950 parts. Even after long and hard years of use, platinum jewellery retains its colour (no plating is necessary), brightness and weight, and is almost entirely maintenance-free, especially compared to gold and silver, both of which are precious metals that need to be re-polished at frequent intervals to preserve their shine and lustre.  

Buyback of Platinum

Platinum metal is still in the nascent stage in India. It has very few selective niche customers in India and hence the buyback policy is still not as flexible as in the case of the yellow metal – gold. The platinum ornaments can be exchanged only from the same store or brand from where it was originally purchased. The customers can get back only 85% of the value of platinum.

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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