Platinum Price in Kerala
The price of platinum in Kerala is ₹4,584 (1gram) and ₹45,840 (10 grams) today, reflecting recent market trends and investor interest.
Table of Contents
Today's Platinum Price in Kerala |
📈 ₹4,584 (1gram) |
Platinum has become known as an exceedingly precious metal due to its position of remarkable rarity, which places it above even gold in this regard.
Although platinum usually costs more than gold, there have been certain recent instances where, as a result of supply and demand factors, it has traded at a lower price than gold. This hefty, solid metal has a surprising quality—its specific mass is almost twice as much as that of 14-karat gold. Platinum is a highly sought-after option for many metal-based accessories due to its unique properties.
Platinum Rate in Kerala for Last 10 Days
In the past 10 days, platinum prices in India have seen several ups and downs. The price fell from ₹4,681 per gram on October 15, 2025, to a low of ₹4,322 on October 22, 2025, and then rose again to ₹4,584 on October 24, 2025, showing signs of recovery.
The highest prices were recorded on October 17 and October 21, at ₹4,820 and ₹4,601 per gram, respectively. After the big drop on October 22, the rates started to improve gradually. Overall, platinum prices have been quite unstable, moving up and down due to changing market conditions.
Date | 1 Gram | 10 Gram |
Oct 24, 2025 | ₹4,584 | ₹45,840 |
Oct 23, 2025 | ₹4,577 | ₹45,770 |
Oct 22, 2025 | ₹4,322 | ₹43,220 |
Oct 21, 2025 | ₹4,601 | ₹46,010 |
Oct 20, 2025 | ₹4,526 | ₹45,260 |
Oct 19, 2025 | ₹4,555 | ₹45,550 |
Oct 18, 2025 | ₹4,555 | ₹45,550 |
Oct 17, 2025 | ₹4,820 | ₹48,200 |
Oct 16, 2025 | ₹4,685 | ₹46,850 |
Oct 15, 2025 | ₹4,681 | ₹46,810 |
Platinum Price in Top Cities of Kerala
Growth of Platinum in Future in India
- According to Platinum Guild International (PGI) - India, the demand for platinum, particularly in the jewelry industry, is expected to remain strong into 2023. With the exception of 2020, when the Covid pandemic upset patterns, platinum has consistently grown by 20 to 25 percent annually over the past ten years. PGI, a marketing company founded in 1975, has played a crucial role in developing the world market for platinum jewelry.
- Due to consumers' preference for using platinum as a representation of something priceless, valuable, and timeless to mark key life events, platinum has experienced phenomenal growth over the previous ten years, expanding by up to ten times. Through 2023, this pattern is anticipated to continue.
- Platinum jewelry has long been in high demand in India, which reflects a favorable consumer climate there. India's population is getting younger, and jewelry's function has changed. Younger consumers now have greater standards for the quality, design, and customer service they receive from retail establishments, which have improved in organization during the 2000s.
- When assessing India as a potential market, PGI has taken into account the fact that branded jewelers are changing to meet the needs of the younger generation. Additionally, PGI has established strategic alliances with retail establishments, which have significantly fueled the rise of this valuable metal. These partnerships represented a sizeable 61 percent of platinum sales in 2022.
Platinum As An Investment Tool
- In India, platinum is still establishing its reputation in comparison to more well-known precious metals like gold, silver, and diamonds. Platinum usage in India falls behind significantly with only about 10 tons used, whereas gold consumption is at an extremely high 700–800 tons. As a result, the Indian platinum market is not yet established enough to justify substantial expenditures.
- In India, the platinum market is still in its infancy. Additionally, platinum is imported, which raises its price relative to metals that are readily available locally. Platinum investment interest has been lacking due to its scarcity and low level of public knowledge. In India, gold, silver, and diamonds have historically been the materials of choice for jewellery.
- Due to ignorance, platinum, with its attraction of silvery-white, has yet to become a popular investment choice. Platinum options are limited in comparison to gold, which may be purchased in a variety of forms, including jewellery, coins, and bars to meet diverse purposes. Platinum investments currently only allow for the purchase of platinum jewellery, without the same flexibility as gold investments.
Why is Platinum So Expensive in India?
Some of the reasons why platinum is expensive in India are given below:
- Compared to gold mining, platinum mines are much less frequent. While over 1,782 tons of gold are mined each year, only about 133 tons of platinum are produced each year. It's important to remember that there are supposedly more than 5 billion ounces of gold that are accessible above ground.
- Platinum's price premium over gold is strongly influenced by how rare it is.
- Platinum is clearly the best option in terms of durability. Compared to gold, it offers better resistance to both scratches and tarnishing.
- The outstanding quality of platinum is one of the main factors driving up its cost. Compared to gold jewelry, platinum jewelry not only lasts longer but also retains its worth better.
Also, Check Gold and Silver Rate in Kerala
FAQs on Platinum Rate in Kerala
- Is gold more expensive or platinum?
The three separate metals are white gold, silver, and platinum. The most valuable and rarest of the three is platinum (Pt). Currently, gold costs about 50% more than platinum (Pt 950). It is naturally white and tarnish resistant.
- Is platinum healthy for you?
Platinum bonds are frequently used as a cancer treatment. The type of connections formed, the exposure level, and the immune system of the exposed person all play a significant role in how platinum affects health.
- Who can wear platinum?
The platinum ring is hypoallergenic since it is composed of 90–95% pure metal. Anyone can wear platinum without worrying because it is suitable for delicate skin. It is non-reactive due to the minimal use of chemicals. Acids have no effect on platinum, in contrast to other metals.
- What are platinum's drawbacks?
Platinum has remarkable resistance to wearing away since it is an extremely dense metal. Platinum wedding rings can be worn for many years with hardly any thickness loss. Platinum h as the drawback that it loses its high polish and sharp edges very fast.
- Is it legal to buy platinum in Kerala?
Yes, you can invest in platinum in Kerala in a variety of ways, including by buying platinum bars, coins, or jewellery from trustworthy merchants or by purchasing financial products related to platinum, such exchange-traded funds (ETFs) that follow the price of the metal.
- If I'm thinking about investing, should I regularly monitor platinum prices?
Yes, it is advised to keep up with market trends and current pricing if you wish to invest in platinum. You may make wise investing decisions by routinely monitoring platinum prices.
- What units are used to measure platinum and how much does it cost?
In international markets, platinum is normally priced per troy ounce. It is frequently priced per gram in India. Remember that pricing may also be given in other measurements like kilograms or ounces.
- What patterns have platinum prices shown over time?
The price of platinum has historically fluctuated, experiencing both upswings and downswings. Historically, due to its scarcity and industrial uses, platinum has frequently traded at a premium to gold.
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