Platinum Price Rises Slightly on Feb 25; Check Latest Rates Across Major Indian Cities

Platinum prices recorded a modest increase in India’s bullion market on February 25, 2026, reflecting steady buying interest amid shifting trends in the precious-metals segment. While the rise was not sharp, the upward movement indicates strengthening demand, especially as consumers increasingly explore alternatives to gold for jewellery and investment.

Platinum Sees Mild Gain in Today’s Trading

On Wednesday, platinum prices edged higher compared with the previous session. In Delhi, the metal was priced at ₹6,510 per gram, up from ₹6,229 per gram a day earlier. This translates to roughly ₹65,190 for 10 grams, highlighting a noticeable day-to-day gain.

Market observers noted that such incremental increases often reflect improving sentiment in the bullion segment rather than speculative spikes. Traders indicated that platinum’s steady performance suggests consistent demand rather than short-term volatility.

Uniform Pricing Across Major Cities

Unlike some other precious metals that show regional price variation, platinum rates remained largely uniform across most metropolitan markets. Cities including Mumbai, Chennai, Ahmedabad, Kolkata, Hyderabad, Jaipur, Bhopal, Lucknow, and Chandigarh reported similar levels, with the metal trading near ₹6,519 per gram.

Additional cities such as Indore, Surat, Nagpur, and Raipur also showed nearly identical price quotes. Such consistency typically occurs when supply chains, import costs, and taxes remain stable nationwide.

Why Demand for Platinum Is Increasing

Analysts say rising gold prices are prompting buyers to consider platinum jewellery as a comparatively affordable luxury option. While gold traditionally dominates India’s jewellery market, platinum has steadily gained popularity for its modern appeal and durability.

Several factors are driving this shift:

• Affordability compared to gold: Platinum generally trades at a lower price than gold, making it attractive to cost-conscious buyers.

• Premium appearance: The metal’s natural white sheen eliminates the need for plating and retains its shine over time.

• Resale value: Platinum jewellery holds value in secondary markets, which reassures buyers looking for both style and investment potential.

• Changing consumer preferences: Younger buyers increasingly prefer minimalist and contemporary designs, where platinum is often the metal of choice.

Platinum Rates on Feb 25, 2026

Market Outlook

Industry experts believe platinum prices could remain stable in the near term unless global commodity trends or currency fluctuations create sudden shifts. Demand from jewellery buyers and industrial users is expected to support prices, while broader precious-metal trends will continue to influence direction.

For consumers planning to purchase platinum jewellery, analysts suggest monitoring daily rates and global metal trends, as even small fluctuations can affect buying costs.