Platinum is more than just a metal; it symbolizes love, rarity, and prestige. If you’re looking for a wedding ring, investing in coins, or simply tracking the market, understanding the current Chennai platinum rate can make the difference in your decision-making process.
Platinum Price in Chennai Today (24 November 2025)
Platinum rate per gram in Chennai |
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|---|---|
₹ 4,391/ 1 gram |
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Platinum rate per 10 grams |
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|---|---|
₹43,910/ 10 gram |
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Platinum rate per 100 grams |
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|---|---|
₹4,39,100/ 100 gram |
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(Note: Rates are subject to variation after checking with jeweler, GST, and making charges.)
Platinum Price Yesterday vs Today
| Gram | Today (₹) | Yesterday (₹) | Change |
|---|---|---|---|
| 1 gram | ₹ 4,391 | ₹ 4,365 | + ₹ 26 |
| 8 gram | ₹ 35,128 | ₹ 34,920 | + ₹ 208 |
| 10 gram | ₹ 43,910 | ₹ 43,650 | + ₹ 260 |
| 100 gram | ₹ 4,39,100 | ₹ 4,36,500 | + ₹ 2,600 |
The platinum rate in Chennai is stable today, after the minor fluctuations that took place earlier this week. This stability reflects the steady demand in a cautious outlook among global investors.
Last 10 Days Platinum Price in Chennai
| Date | 1 Gram (₹) | 10 Grams (₹) | 100 Grams (₹) |
|---|---|---|---|
| 24 November 2025 | ₹ 4,391 | ₹ 43,910 | ₹ 4,39,100 |
| 23 November 2025 | ₹ 4,365 | ₹ 43,650 | ₹ 4,36,500 |
| 22 November 2025 | ₹ 4,365 | ₹ 43,650 | ₹ 4,36,500 |
| 21 November 2025 | ₹ 4,285 | ₹ 42,850 | ₹ 4,28,500 |
| 20 November 2025 | ₹ 4,441 | ₹ 44,410 | ₹ 4,44,100 |
| 19 November 2025 | ₹ 4,357 | ₹ 43,570 | ₹ 4,35,700 |
| 18 November 2025 | ₹ 4,329 | ₹ 43,290 | ₹ 4,32,900 |
| 15 November 2025 | ₹ 4,558 | ₹ 45,580 | ₹ 4,55,800 |
| 14 November 2025 | ₹ 4,612 | ₹ 46,120 | ₹ 4,61,200 |
| 13 November 2025 | ₹ 4,612 | ₹ 46,120 | ₹ 4,61,200 |
| 12 November 2025 | ₹ 4,515 | ₹ 45,150 | ₹ 4,51,500 |
What Causes the Ups and Downs of Prices of Platinum in Chennai?
Daily changes in platinum rates in Chennai are a common thing. This is because platinum is not only an ornament to wear but also used in industries and investment metals. Some factors responsible for price movement of platinum include:
- Global Demand and Supply – Very few areas mine platinum (mostly South Africa and Russia), and if there is a shortage, prices tend to lift quickly.
- Importation through USD-INR Exchange Rate – platinum would come with a higher price tag in Chennai since it is imported using US dollars.
- Industrial Demand – Road vehicles, electronics, renewable energies are some fields that use platinum heavily, thereby increasing demand.
- Investment Demand – Like gold, during global uncertainty high demand for platinum increases.
- Government Import Duties – Import duties and GST directly affect jewellery rates in Chennai.
Platinum Purity – PT950 vs PT900
When it comes to platinum jewellery, purity is an important thing to keep an eye on when buying the metal from Chennai. Platinum jewelry is never 100% pure, as pure platinum is too soft a metal to be made into jewellery that will last. It is therefore combined with other metals, usually ruthenium or cobalt, to give strength to the final piece.
PT950 (95% Pure Platinum)
- This is the most common form of platinum jewellery found in Chennai.
- It contains 95% pure platinum and 5% of other strengthening metals.
- Ideal for wedding rings, daily-wear jewellery, and any highly pure ornaments.
- Carries a hallmark sign “PT950” to ensure authenticity .
PT900 (90% Pure Platinum)
- This alloying makes it slightly more durable than PT950.
- Contains 90% platinum and 10% other alloy metals.
- May be used in designs requiring extra strength.
- Still bears the genuine platinum hallmark “PT900”.
Always check for hallmark certification such as “PT”, “PT950” or “PT900” when buying jewellery in Chennai.
Platinum vs Gold & Silver
Most buyers (for jewel purposes) in Chennai compare platinum, gold and silver before making a purchase. Each of these metals has its advantages: platinum is modern and strong, gold is ancient and good for investment, while silver is the cheapest but least durable.
Platinum
- Rare, premium and prestigious.
- Tough and hypoallergenic; perfect for daily wear.
- Best for diamond and wedding jewelry.
Gold
- It has strong cultural and traditional values.
- Has high resale liquidity throughout India.
- Good for a steady long-term investment.
Silver
- Less expensive and commonly used in puja/gifting applications.
- Re-tarnishes mode very quickly and requires maintenance.
- Softer and less durable than gold or platinum.
FAQ Related To Chennai Platinum Rate
1. What is the platinum price in Chennai today?
The platinum rate in Chennai today (24 November 2025) is ₹4,391 per gram, ₹43,910 per 10 grams, and ₹4,39,100 per 100 grams. Prices may vary slightly depending on the jeweller, GST, and making charges.
2. Why does the platinum rate in Chennai change daily?
Platinum prices fluctuate in Chennai because of several factors — global supply shortages, USD–INR exchange rates, demand from jewellery and industries, and government import duties. Even small changes in international prices or currency values directly impact local Chennai rates.
- Does platinum cost more than gold in Chennai?
Platinum is usually close to, or slightly lower than, gold prices in India. However, the making charges for creating jewels with platinum tend to be higher, making platinum more premium overall. While culturally and for investment purposes gold carries more value, platinum is taken for its durability and exclusivity.
- Which is the best platinum purity to buy in Chennai-PT950 or PT900?
The generally trusted and most common form is PT950 (95% pure platinum) as this is what is ideally suited for wedding rings and most types of daily wear jewellery. PT900 (90% pure platinum) is equally authentic yet has slightly more alloy content, rendering it stronger for certain designs. Whenever buying, ensure that you look for hallmarks like “PT950” or “PT900”.
- Is platinum a good investment in Chennai?
Yes, platinum can be indeed a wise investment over a long duration. This is because it is a rare metal which has both jewellery and industrial demand in automobiles, electronics, and renewable energy. Gold is more liquid and culturally preferred, but platinum is exclusive and has a strong future demand potential.
- Where to get live platinum rates in Chennai?
As many jewellers update their official websites daily on platinum rates, you can also check live prices with reputed jewellers in Chennai. The trusted financial portals as well as sites of their jewellery association can have updates on live platinum prices.