Is platinum rarer than gold?

Yes, platinum is significantly rarer, which is why it's often priced higher in stable markets.

Why is platinum used in cars?

It’s used in catalytic converters to reduce harmful emissions, making it essential to the automotive industry.

Can platinum be a good investment?

Yes, though it’s more volatile, platinum’s industrial relevance and limited supply make it a smart long-term asset.

How do I ensure I’m buying pure platinum?

Look for Pt950 stamp, indicating 95% purity — the industry standard.

Does platinum price move with gold and silver?

Sometimes, but it often has its own trends based on manufacturing and industrial data.

Platinum Price Today in mumbai

Date: 12th May 2026

Today's Platinum Rate in Mumbai: Per Gram | Per Kilogram

Platinum price/gm

₹ 6,432₹ 195

Platinum price/kg

₹ 64,32,000₹ 1,95,000

Platinum price updates for {City} show the current rates as ₹{platinum_10g} (10g), ₹{platinum_100g} (100g), and ₹{platinum_1kg} (1kg). Over {Month}, prices changed frequently. The 100g rate peaked at ₹{platinum_highest_price_100g} and dropped to ₹{platinum_lowest_price_100g}. For 1kg, it fluctuated between ₹{platinum_lowest_price_1kg} and ₹{platinum_highest_price_1kg}. The cost of platinum is influenced by mining output, global market demand, and geopolitical stability. Industrial reliance—mainly in cars and electronics—drives additional volatility. Shifts in currency, especially the US dollar, as well as macroeconomic indicators like inflation and interest rate policies, strongly shape its pricing.

Today's Platinum Price Trend in mumbai

Grams

Today's Price

Yesterday

₹ 1

₹ 6,432₹ 195

₹ 6,237

₹ 8

₹ 51,456₹ 1,560

₹ 49,896

₹ 10

₹ 64,320₹ 1,950

₹ 62,370

₹ 100

₹ 6,43,200₹ 19,500

₹ 6,23,700

₹ 1,000

₹ 64,32,000₹ 1,95,000

₹ 62,37,000

Platinum Rate Today in Popular Cities

City

Price/gm

Price/10gm

Agra

₹ 6432₹ 195

₹ 64320₹ 1950

Ahmedabad

₹ 6432₹ 195

₹ 64320₹ 1950

Alappuzha

₹ 6432₹ 195

₹ 64320₹ 1950

Amaravati

₹ 6432₹ 195

₹ 64320₹ 1950

Ambur

₹ 6432₹ 195

₹ 64320₹ 1950

Amravati

₹ 6432₹ 195

₹ 64320₹ 1950

Amritsar

₹ 6432₹ 195

₹ 64320₹ 1950

Anantapur

₹ 6432₹ 195

₹ 64320₹ 1950

Arcot

₹ 6432₹ 195

₹ 64320₹ 1950

Ariyalur

₹ 6432₹ 195

₹ 64320₹ 1950

FAQ’s

1. What is the platinum rate in Mumbai today?
- The platinum price in Mumbai today is updated in real-time and reflects international trading trends, mining costs, and industrial demand.
2. Is platinum more expensive than gold?
3. What are the main uses of platinum?
4. Is platinum a good long-term investment?
5. How do I check platinum purity in Mumbai?

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Price movements in platinum are often sharper than gold or silver due to its limited availability and reliance on a few global mining regions. Automotive regulations, global production levels, and technology usage influence the platinum price today. As platinum becomes more relevant in clean energy applications, its daily rate has gained importance for both buyers and investors.