Platinum Rate Today in Malappuram
Platinum value calculator · Malappuram
In Malappuram, platinum is about 69% cheaper per gram than 24K gold today. But platinum is denser, so the same ring weighs more — and resale and buyback are far more limited than gold. It's chosen for durability and its naturally white, hypoallergenic finish.
Platinum slipped in Malappuram on 30 Jul 2026, at ₹4,415 a gram, down ₹5/g from yesterday. Platinum moves on the national platinum rate, so Malappuram closely tracks the all-India price. Per gram it's cheaper than gold, but a platinum piece weighs more than the same gold design because platinum is denser. Over the past month it has ranged ₹4,669–₹5,154 a gram.
Platinum rate by weight · Malappuram
| Weight | 999 Pure | 950 Platinum |
|---|---|---|
| 1 gram | ₹4,415 | ₹4,194 |
| 5 grams | ₹22,075 | ₹20,970 |
| 10 grams | ₹44,150 | ₹41,940 |
| 20 grams | ₹88,300 | ₹83,880 |
| 50 grams | ₹2,20,750 | ₹2,09,700 |
| 100 grams | ₹4,41,500 | ₹4,19,400 |
30-day trend · Malappuram
Platinum in Malappuram · last 10 days
| Date | Per g | 10 g |
|---|---|---|
| 30 Jul | ₹4,889 | ₹48,890 |
| 29 Jul | ₹4,894 | ₹48,940 |
| 28 Jul | ₹4,934 | ₹49,340 |
| 27 Jul | ₹5,009 | ₹50,090 |
| 26 Jul | ₹4,914 | ₹49,140 |
| 25 Jul | ₹4,914 | ₹49,140 |
| 24 Jul | ₹5,134 | ₹51,340 |
| 23 Jul | ₹5,134 | ₹51,340 |
| 22 Jul | ₹5,139 | ₹51,390 |
| 21 Jul | ₹4,994 | ₹49,940 |
Platinum rate in other cities · per gram
About platinum rates in Malappuram
Platinum vs gold in Malappuram
Per gram, platinum often sits below 24K gold, which surprises people given it's rarer. The reason is demand: far less platinum is bought as a store of value, so its price leans on jewellery and industrial use. Platinum is also about 10% denser than gold, so the same design weighs more — narrowing the gap on a finished piece. Platinum is a national rate, so Malappuram tracks the all-India price closely.
Pure platinum vs 950 (PT950)
The rate above is near-pure 999 platinum. Jewellery in Malappuram is almost always 950 platinum (95%, hallmarked PT950) — about ₹4,194/g today. Platinum is naturally white, hard-wearing and hypoallergenic, which is why it's popular for rings.
What you'll actually pay
The rate is only the metal. Add making charges — often higher than gold because platinum is harder to work — plus 3% GST. Use the calculator above to estimate the all-in cost in Malappuram.
We update these rates daily from live global prices and today's rupee rate. They're for reference — confirm with your jeweller before buying.