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Platinum Prices Drop on Navratri Day 1: Check Latest Rates in Major Cities on March 19

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Indiaemploymentnews
Thu Mar 19 12:15:36 IST 2026
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Platinum prices in India saw a decline on Thursday, March 19, 2026, coinciding with the first day of Navratri. The precious metal became cheaper by around ₹2,000 compared to the previous day, making it an attractive option for buyers, especially during the festive season.

Latest Platinum Price in India

In the national capital Delhi, the price of platinum is currently:

  • ₹6,064 per gram

  • ₹60,640 per 10 grams

Similar pricing trends are being observed across most major cities in India, indicating uniformity in platinum rates nationwide.

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City-Wise Platinum Rates on March 19

Here’s a snapshot of platinum prices across key cities:

  • Delhi: ₹6,064 per gram (₹60,640 per 10 grams)

  • Mumbai: ₹6,064 per gram (₹60,640 per 10 grams)

  • Ahmedabad: ₹6,064 per gram (₹60,640 per 10 grams)

  • Chennai: ₹6,064 per gram (₹60,640 per 10 grams)

  • Kolkata: ₹6,064 per gram (₹60,640 per 10 grams)

  • Hyderabad: ₹6,064 per gram (₹60,640 per 10 grams)

  • Jaipur: ₹6,064 per gram (₹60,640 per 10 grams)

  • Bengaluru: ₹6,064 per gram (₹60,640 per 10 grams)

  • Lucknow: ₹6,064 per gram (₹60,640 per 10 grams)

  • Indore, Surat, Nagpur, Raipur: ₹6,064 per gram (₹60,640 per 10 grams)

Why Platinum Is Gaining Popularity

With gold prices hovering around ₹1.6 lakh per 10 grams, platinum is emerging as a more affordable alternative for many buyers.

The significant price gap between gold and platinum has encouraged consumers to explore platinum, particularly those looking for premium jewellery within a limited budget

.

Rising Demand Among Young Buyers

Platinum jewellery is increasingly being preferred for its:

  • Modern and stylish appearance

  • Premium appeal

  • Suitability for occasions like engagements and weddings

Younger consumers, in particular, are showing growing interest in platinum as it offers a contemporary look compared to traditional gold jewellery.

Things to Check Before Buying Platinum

Before making a purchase, buyers should keep a few important factors in mind:

  • Always verify the latest market price

  • Check the purity level of the metal

  • Be aware of making charges, which can vary by jeweller

Since precious metal prices fluctuate frequently, staying updated is essential for making a smart purchase.

What This Means for Buyers

The recent dip in platinum prices could be a good opportunity for buyers, especially during festive occasions like Navratri when jewellery purchases typically increase.

However, like other precious metals, platinum prices are influenced by global trends and may remain volatile in the short term.

Final Takeaway

Platinum prices have softened at the start of Navratri, making it a more accessible option for buyers seeking premium jewellery at a lower cost compared to gold. With steady demand and modern appeal, platinum continues to gain traction in India’s jewellery market.

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