Platinum Price Today: Rates Jump by ₹1,010, Check Latest Prices in Your City on April 16
Platinum prices witnessed a sharp rise on Thursday, April 16, bringing renewed attention to the precious metal market. Compared to the previous day, the price of platinum has increased by ₹1,010 per 10 grams, making it more expensive for buyers planning jewellery purchases.
If you are considering buying platinum jewellery, here’s a complete update on the latest rates across major cities in India.
Latest Platinum Prices in India
As of April 16, 2026, platinum prices remain largely uniform across major cities:
- Price per 10 grams: ₹64,030
- Price per 1 gram: ₹6,403
Cities including Delhi, Mumbai, Chennai, Kolkata, Ahmedabad, Jaipur, and Bengaluru are all witnessing similar pricing trends, with no major regional variation.
City-Wise Platinum Rate (April 16, 2026)
| City | Price (1 gram ₹) | Price (10 gram ₹) |
|---|---|---|
| Delhi | 6,403 | 64,030 |
| Mumbai | 6,403 | 64,030 |
| Ahmedabad | 6,403 | 64,030 |
| Chennai | 6,403 | 64,030 |
| Kolkata | 6,403 | 64,030 |
| Hyderabad | 6,403 | 64,030 |
| Jaipur | 6,403 | 64,030 |
| Lucknow | 6,403 | 64,030 |
| Bengaluru | 6,403 | 64,030 |
| Indore | 6,403 | 64,030 |
| Surat | 6,403 | 64,030 |
| Nagpur | 6,403 | 64,030 |
| Raipur | 6,403 | 64,030 |
Why Platinum Prices Are Rising
Several factors are influencing the upward trend:
- Increasing demand for lightweight and modern jewellery
- Shift in consumer preference toward affordable luxury options
- Growing popularity among young buyers
Platinum’s sleek and minimalistic designs are gaining traction, especially for occasions like engagements and weddings.
Gold Prices Also Continue to Rise
The surge is not limited to platinum—gold prices are also trending upward:
- 24K Gold (10 grams, Delhi): ₹1,55,720 (+₹220)
- 22K Gold (10 grams, Delhi): ₹1,42,750 (+₹200)
Over the past three days:
- 24K gold has increased by ₹3,110
- 22K gold has risen by ₹2,850
This indicates a broader upward movement in the precious metals market.
What Buyers Should Keep in Mind
- Prices may vary slightly due to making charges and GST
- Always check latest local rates before purchasing
- Compare platinum with gold and silver based on your budget and purpose
Final Takeaway
Platinum prices have surged significantly today, making it important for buyers to stay updated before making a purchase. With growing demand and changing jewellery trends, platinum is emerging as a popular alternative to gold.
If you’re planning to invest or buy jewellery, keeping track of daily price movements can help you make a smarter decision.
