Platinum Price Today (March 9, 2026)
Platinum prices in India have recorded a slight decline at the start of the week. On Monday, March 9, 2026 , the price of platinum dropped by around ₹500 per 10 grams compared to last week , bringing some relief for buyers planning to purchase platinum jewellery.
According to the latest market data, the price of platinum in Delhi stands at ₹6,340 per gram, which means 10 grams of platinum costs around ₹63,400. Similar rates are being seen across most major cities in India, indicating a largely stable national pricing trend for the precious metal.
Platinum prices usually fluctuate depending on international demand, currency movements, and supply conditions. While the drop this week is relatively small, it has still caught the attention of jewellery buyers and investors who closely track precious metal prices.
Platinum Rates in Major Indian Cities - March 9, 2026
Below are the latest platinum prices in key Indian cities:
| City | Platinum Price (1 gram) | Platinum Price (10 grams) |
|---|---|---|
| Delhi | ₹6,340 | ₹63,400 |
| Mumbai | ₹6,340 | ₹63,400 |
| Ahmedabad | ₹6,340 | ₹63,400 |
| Chennai | ₹6,340 | ₹63,400 |
| Kolkata | ₹6,340 | ₹63,400 |
| Hyderabad | ₹6,340 | ₹63,400 |
| Jaipur | ₹6,340 | ₹63,400 |
| Bhopal | ₹6,340 | ₹63,400 |
| Lucknow | ₹6,340 | ₹63,400 |
| Chandigarh | ₹6,340 | ₹63,400 |
| Indore | ₹6,340 | ₹63,400 |
| Surat | ₹6,340 | ₹63,400 |
| Nagpur | ₹6,340 | ₹63,400 |
| Raipur | ₹6,340 | ₹63,400 |
The table shows that platinum prices remain almost identical across major metropolitan and regional cities. This uniformity is mainly due to standardised pricing influenced by global platinum markets.
Why Platinum Is Becoming Popular Among Buyers
In recent months, platinum jewellery has started attracting more attention from consumers, especially younger buyers. One of the main reasons behind this trend is the continuously rising price of gold.
Currently, 10 grams of gold is priced close to ₹1.60 lakh, making it significantly more expensive than platinum. In comparison, 10 grams of platinum is available at around ₹63,400-₹66,800, depending on market fluctuations.
This large price difference has encouraged many buyers to explore platinum as an alternative jewellery option.
Another reason for platinum's growing popularity is its modern and elegant appearance. Unlike traditional gold jewellery, platinum is often associated with contemporary designs and minimalistic styles, which appeal particularly to younger consumers.
Platinum vs Gold: Key Differences
While platinum is gaining popularity, it is important for buyers to understand how it compares with gold.
Price:
Platinum is currently much cheaper than gold in India, making it a more affordable option for many jewellery buyers.
Appearance:
Platinum has a natural white shine and does not require plating like white gold.
Durability:
It is one of the strongest precious metals and is often used in premium jewellery pieces.
Resale Value:
However, platinum's resale value is generally not as strong as gold. While it can be sold in the market when needed, buyers may not receive the same level of return that gold usually offers.
Things to Check Before Buying Platinum Jewellery
If you are planning to buy platinum jewellery on March 9, 2026, experts recommend checking a few important factors before making the purchase.
1. Latest Market Price
Always verify the current platinum rate before buying. Prices can change daily depending on global metal markets.
2. Purity Certification
Ensure the jewellery carries a purity certification or hallmark that confirms the platinum content.
3. Making Charges
Jewellers often add making charges, which can increase the final price of the jewellery. Comparing charges at different stores can help buyers get a better deal.
4. Buyback Policy
Since platinum resale value varies, it is advisable to ask about the jeweller's buyback or exchange policy.
Market Outlook for Platinum
Global demand for platinum continues to come from several sectors, including jewellery, automobile manufacturing, and industrial use. As a result, platinum prices can change depending on economic conditions and international supply trends.
Although the current decline is modest, the precious metal remains an attractive option for buyers looking for stylish jewellery at a lower price than gold.
For anyone planning to purchase platinum jewellery, keeping track of daily platinum rates, purity standards, and additional charges can help ensure a better buying decision.