Platinum Rate Today in Ahmedabad, Pt950 and Pt900 Live Prices – 7 Nov 2026, 12 AM IST

• Today's platinum rate
• PGI certification and Pt950 purity
• Making charges and GST
• Where to buy platinum in Ahmedabad

The figures in the live table are reference rates for Pt 950 and Pt 900 platinum in Ahmedabad, refreshed every business day against international bullion benchmarks. Every figure is the metal value alone, before making charges and GST.

Ahmedabad's Manek Chowk, one of India's largest bullion, gold and silver jewellery markets, anchors the city's precious metal trade, with platinum retail concentrated in a smaller set of established showrooms and national brand outlets across the walled city and newer commercial areas. This page covers today's rate, PGI certification and Pt950 purity, making charges and GST with a worked example, where to buy in Ahmedabad, the city's buying calendar, taxation and a detailed FAQ.

The weight table converts today's per gram rate into the denominations Ahmedabad buyers transact in, from a single gram through 10 grams and 100 grams, for both Pt 950 and Pt 900 purity.

Since platinum is sold here almost entirely as finished jewellery rather than bullion, unlike the gold and silver bullion actively traded in Manek Chowk, most buyers work with piece weights in the 3 to 15 gram range for rings and bands.

A single day's rate tells you very little on its own. The last ten trading sessions show whether today's print sits at the top of a run, the bottom of a pullback, or somewhere in the middle of a flat stretch.

Platinum's international price is set by a smaller, more concentrated global market than gold or silver, so short term moves can be sharper than the gold rate Ahmedabad's bullion traders are more used to tracking.

The trend table sets today's rate against its opening and closing values over seven days, 30 days and 12 months. Platinum's price is shaped heavily by global automotive demand for catalytic converters and mine supply out of South Africa and Russia, alongside jewellery demand.

Platinum has traded below 24 karat gold on a per gram basis for much of the last decade, a genuine reversal from most of the twentieth century when platinum commanded a premium over gold.

Platinum trades internationally in US dollars per troy ounce on a global market considerably smaller than gold or silver. This rate converts at the prevailing USD to INR exchange rate and picks up customs duty and GST before reaching Indian retail.

Manek Chowk's role as one of India's largest bullion markets makes it a genuine price reference point for jewellers across Gujarat, even though platinum itself is not traded there as bullion the way gold and silver are.

Global automotive demand, mine supply out of South Africa and Russia, and investment flows move the international platinum price. The rupee's exchange rate and Indian import duty changes move the local price on top of that.

Locally, platinum buying in Ahmedabad follows engagements and weddings rather than the festival calendar that drives gold, with the strongest window from November to February and a smaller lift around Valentine's Day.

Pt 950 platinum, 95 percent pure, is by far the standard purity for platinum jewellery sold in Ahmedabad and across India, including the large majority of engagement rings and wedding bands from established brands.

Pt 900, 90 percent pure, appears occasionally but is far less common here. Always confirm which purity a quoted rate refers to before comparing prices between jewellers.

India's mandatory BIS hallmarking regime currently covers gold, mandatory since June 2021, and silver, mandatory since September 2025. Platinum has not been brought under this scheme and remains a considerably smaller retail category nationally.

In place of a BIS hallmark, platinum jewellery carries a Pt 950 or Pt 900 purity stamp backed by a Certificate of Authenticity from the Platinum Guild International. Ahmedabad jewellers affiliated with PGI, including national brand showrooms operating alongside Manek Chowk's traditional jewellers, display this certification prominently.

• Look for the Pt 950 or Pt 900 purity stamp engraved on the piece
• Ask for a PGI Certificate of Authenticity carrying a verifiable serial number
• Buy from an established jeweller in Manek Chowk, Zaveri Vad, or a recognised national brand showroom rather than an unregistered seller

Given the absence of mandatory BIS verification for platinum, this certificate and stamp combination is the primary purity assurance available to Ahmedabad buyers.

The rate shown on this page is the metal value alone. What you pay at the counter adds a making charge, then GST, which applies in two separate parts under Indian tax rules: 3 percent GST on the metal value, plus 5 percent GST on the making charge when it is itemised separately on the invoice, the standard billing practice among Ahmedabad's established jewellers.

What making charges typically run

• Simple platinum bands | roughly 15 to 25 percent
• Diamond set engagement rings | roughly 20 to 35 percent, plus the diamond value billed separately

A worked example on a 6 gram Pt 950 band at 20 percent making: the metal value gets 3 percent GST, the making charge gets 5 percent GST added on top of itself, and the two are summed for the final bill.

Manek Chowk, in the heart of Ahmedabad's old city, functions as a vegetable market in the morning and one of India's largest bullion and jewellery markets by afternoon, drawing gold and silver trade from across Gujarat. Nearby, Zaveri Vad and Ratanpol form a dense cluster of jeweller shops run largely by Jain families known locally as Zaveris, while Mahurat ni Pol, the city's oldest residential settlement, has evolved into a bullion hub housing close to a hundred jewellery shops run by a small number of established families.

What to check wherever you buy

• The Pt 950 or Pt 900 purity stamp on the piece
• A PGI Certificate of Authenticity with a verifiable serial number
• A proper GST invoice itemising weight, purity, rate and making charge separately

Resale infrastructure for platinum in Ahmedabad is genuinely thinner than for gold or silver, given how few buyers exist for it locally compared with Manek Chowk's deep bullion trading base. Approach the original retailer first, whether in Manek Chowk, Zaveri Vad or elsewhere, and retain your PGI certificate and invoice.

Terms vary meaningfully by jeweller, so confirm the exact buyback or exchange policy before purchase, ideally in writing.

Engagement rings remain platinum's strongest use case wherever it is sold in India, and Ahmedabad's younger, urban buyers have increasingly embraced diamond set platinum solitaires, particularly at newer national brand showrooms outside the traditional Manek Chowk trade.

This category has grown alongside Ahmedabad's broader lab grown diamond adoption, since buyers pairing a modern stone often prefer platinum's contemporary, naturally white setting over traditional yellow gold.

Taxes on platinum are set nationally, so nothing here is specific to Ahmedabad.

At purchase, GST applies in two parts, 3 percent on the metal value and 5 percent on making charges when itemised separately. At sale, profit on platinum held over 12 months generally qualifies as a long term capital gain at 12.5 percent without indexation; shorter holdings are taxed at your income slab rate. Large cash purchases require PAN above the prescribed threshold.

None of this is tax advice. For a significant transaction, confirm current rules with a chartered accountant.

Manek Chowk, a historic square in the heart of Ahmedabad's walled city, is genuinely one of India's largest gold and silver bullion markets, functioning as a vegetable market at dawn, a jewellery and bullion hub through the day, and a renowned street food destination by night.

The square is named after the saint Maneknath, and local tradition credits the shrines and temples around it with the continued prosperity of its bullion, jewellery and textile trade, a legacy stretching back to the founding of Ahmedabad in the 15th century.

Zaveri Vad, adjoining the Ratanpol cloth market, is home to generations of Jain jeweller families known locally as Zaveris, with several Jain temples woven into the surrounding residential lanes.

Nearby, Mahurat ni Pol, Ahmedabad's oldest residential settlement dating to the 15th century, has genuinely transformed into a bullion hub over the centuries, now housing close to a hundred jewellery shops run by a small number of established families.

There is no prescribed CBDT safe harbour limit for platinum jewellery the way there is for gold. As with any valuable asset, holdings should be supportable through invoices and disclosed income if ever questioned.

Cash payments above the prescribed threshold require your PAN card, and payments above two lakh rupees in cash for a single transaction are not permitted regardless of PAN.

Platinum is significantly denser than gold and silver, meaning a platinum piece of identical size contains more metal by weight. It is more resistant to everyday wear than gold and does not tarnish like silver, while remaining naturally white.

These physical properties, rather than investment characteristics, are the primary reasons Ahmedabad buyers who specifically seek out platinum choose it over the city's dominant Manek Chowk gold and silver trade.

• Pt 950: platinum that is 95 percent pure, the standard for most Indian platinum jewellery
• Pt 900: platinum that is 90 percent pure, less common
• PGI: the Platinum Guild International, the body that certifies platinum jewellery purity in India
• Zaveri: the Gujarati term for a jeweller, particularly used for Jain jeweller families in Ahmedabad
• Making charges: the fee a jeweller adds for crafting a piece, separate from the metal value

If you are in Ahmedabad and considering a platinum engagement ring or lab grown diamond jewellery purchase, Lucira offers PGI certified platinum and certified lab grown diamond pieces with transparent, itemised pricing and doorstep delivery, a genuinely convenient option alongside the city's traditional Manek Chowk trade.

Every Lucira piece is priced against the live daily rate shown on this page, with making charges and certification costs shown separately.

Platinum, as across India, is bought almost entirely for jewellery value rather than as a savings instrument. Ahmedabad's Manek Chowk has a genuinely deep culture of gold and silver bullion investment, but no comparable tradition exists for platinum coins or bars.

The practical framing for an Ahmedabad buyer is to treat platinum as a jewellery and lifestyle decision, not as a store of value comparable to the gold that anchors the city's investment culture.

• No PGI certificate offered with the piece, which should prompt caution given the absence of mandatory BIS hallmarking for platinum
• White gold sold or represented as platinum
• Making charges quoted verbally but not itemised on the final GST invoice

Buying from an established, PGI affiliated retailer in Manek Chowk, Zaveri Vad, or a recognised national brand showroom is the most reliable way to avoid these issues.

Gujarati weddings genuinely place gold at the centre of ceremonial gifting, with families investing heavily around the wedding season that follows Navratri and Diwali each year.

Platinum has carved out a smaller, growing niche within this calendar, mainly around engagement rings for younger, urban Ahmedabad couples rather than the core ceremonial gold gifting.

Platinum's buying pattern in Ahmedabad, as across India, is milestone driven, centred on engagements and weddings rather than the Diwali and Akshaya Tritiya calendar that dominates gold buying.

• Wedding and engagement season, broadly November through February, the strongest platinum buying window
• Valentine's Day, a genuine minor peak for platinum rings among younger urban couples
• Anniversaries and milestone gifting, spread through the year rather than concentrated

If you are comparing metals, check the gold and silver rates for Ahmedabad as well.

• Gold rate today in Ahmedabad
• Silver rate today in Ahmedabad

Platinum mine supply is far more geographically concentrated than gold or silver, with South Africa and Russia together accounting for the large majority of global production, making the price genuinely more sensitive to mining disruptions than gold typically is.

For Ahmedabad's jewellery buyers, none of this changes the practical advice, since platinum here is a jewellery decision, not a timing dependent investment the way gold sometimes is treated in Manek Chowk's bullion trading culture.

White gold is yellow gold alloyed with white metals and plated with rhodium, which wears off over time and needs periodic replating, a maintenance cost not always explained upfront. Platinum is naturally white throughout, needing no plating.

Platinum is also denser than gold, so a platinum ring of the same visual size genuinely contains more metal by weight, part of why total price can exceed a comparable gold design even before making charges.

Platinum is denser than gold, naturally white without rhodium plating, and hypoallergenic, qualities that have driven its popularity for engagement rings nationally. Ahmedabad's younger, urban buyers have embraced this trend more visibly than the city's traditional bullion trade might suggest.

Gold nonetheless remains the overwhelming default for Gujarati wedding traditions, given its deep ceremonial role, while platinum has carved out a genuine, growing niche around modern engagement and couple rings.

Platinum's strength and density make it a genuinely secure setting metal for diamonds, since prongs hold their shape and grip better over decades of wear compared with softer metals, an important factor for a piece meant to last a lifetime.

This is the primary reason Ahmedabad's platinum category skews so heavily toward diamond set engagement rings rather than plain bands or other jewellery types.

In store buying in Manek Chowk or a showroom on SG Highway lets you see and try on a piece before committing, with Ahmedabad's scale giving buyers a genuinely wide in person selection for a city of its size.

Online buying from an established, PGI certified national brand offers an even wider range of designs, sizes and price points, delivered directly, a practical option for buyers who already know their design or ring size.

India's mandatory hallmarking regime, run by the Bureau of Indian Standards, has expanded twice: to gold jewellery from June 2021, and to silver jewellery from September 2025. Platinum has not been added to this scheme, since its national trading volume remains a small fraction of gold's.

Until platinum is brought under BIS hallmarking, the PGI Certificate of Authenticity remains the primary purity assurance available to Ahmedabad buyers, making it genuinely important to insist on one at the point of purchase.

Unlike gold, jewellers in Ahmedabad do not typically run dedicated monthly instalment savings schemes for platinum, given how much smaller and more specific the category's demand is compared with Manek Chowk's deep, established gold savings scheme culture.

Buyers here planning a platinum purchase, such as an engagement ring, generally save independently and pay the full amount at purchase.

• A Manek Chowk or Zaveri Vad jeweller: deep old city tradition, though platinum selection is genuinely limited compared with gold
• A showroom on SG Highway or CG Road: modern retail with wider platinum selection
• An established national online brand: the widest overall design range, delivered to your door

Given Ahmedabad's scale as Gujarat's largest city, buyers here have genuinely more choice across all three routes than in most other Gujarat cities.

Since platinum is treated as a physical asset similar to jewellery, profit on resale held over 12 months would generally qualify for long term capital gains treatment at 12.5 percent without indexation, under rules applicable for financial year 2025 to 2026.

Your gain is calculated as the sale price minus your original purchase cost, including making charges, which is why keeping your original invoice matters.

Platinum bands, chains and bracelets marketed specifically toward men have been a consistent part of national platinum brand strategy for over two decades, a category Ahmedabad's national brand showrooms carry alongside the traditional gold pieces long favoured in Gujarati men's jewellery.

This remains a genuinely smaller segment than gold, but has grown steadily as platinum's visibility has increased through PGI's national campaigns.

Clean platinum jewellery with warm water, mild soap and a soft brush. Unlike gold, minor surface scratches on platinum do not remove metal, since the metal simply displaces rather than wearing away, making it genuinely durable for everyday wear.

Platinum develops a soft patina with wear that some owners prefer, while others have it professionally repolished at the retailer who sold it.

A proper invoice from an Ahmedabad jeweller should show the net platinum weight in grams, the purity as Pt 950 or Pt 900, the rate applied per gram that day, the making charge as its own line, GST at 3 percent on the metal value, and GST at 5 percent on the making charge shown separately.

For diamond set rings, the invoice should separately state the diamond value and certification. Keep the PGI Certificate of Authenticity together with your invoice.

Platinum does not tarnish and is more scratch resistant in terms of actual metal loss than gold, though it develops a soft patina with wear that some owners prefer, while others have it professionally repolished.

A bank locker remains the most secure storage option for higher value pieces, widely available across Ahmedabad's banking network. Keep your original purchase invoice and PGI certificate together with your stored platinum.

Platinum resale terms vary meaningfully by retailer, since far fewer buyers exist for it than for gold, and Ahmedabad jewellers do not follow a single standardised deduction the way many do for gold exchange in Manek Chowk.

Ask your jeweller for their exact exchange or buyback policy before purchase, ideally in writing.

Established local jewellers in Manek Chowk and Zaveri Vad, some with family histories stretching back generations, sit alongside national jewellery chains and standalone platinum focused showrooms across Ahmedabad's newer commercial corridors like SG Highway and CG Road.

This mix gives buyers genuine choice between the walled city's traditional bullion trade and contemporary branded retail.

Beyond the old city's Manek Chowk and Zaveri Vad, established showrooms carrying platinum are spread across Ahmedabad's growing western corridor, including SG Highway, Satellite and Vastrapur, reflecting the city's expanding retail footprint.

For a specific design or ring size, comparing making charges across at least two or three showrooms remains a reasonable and common practice before committing to a purchase.

National platinum jewellery demand has grown steadily since PGI's campaigns began reshaping perceptions of the metal, driven mainly by engagement ring trends among younger buyers, and Ahmedabad's expanding, increasingly affluent urban population has been a genuine part of this shift.

Even so, gold remains overwhelmingly dominant in Ahmedabad's total jewellery spend, given Manek Chowk's deep bullion trading role and Gujarati wedding tradition, so platinum is likely to remain a smaller, growing niche rather than approach gold's scale.

Gandhinagar, Gujarat's capital city roughly 23 kilometres north of Ahmedabad, is genuinely known as Ahmedabad's twin city, a purpose built planned capital formed in 1960 and designed along similar lines to Chandigarh.

Given the two cities' close integration and shared commuting population, platinum rates in Gandhinagar track Ahmedabad's benchmark closely, with retail relying largely on Ahmedabad's established Manek Chowk and national brand showrooms.