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Platinum prices have declined once again on Tuesday, April 28, 2026, continuing their recent soft trend. The metal has become slightly cheaper compared to the previous day, offering a marginal opportunity for buyers considering precious metal investments or jewellery purchases.

Platinum Prices Fall Further

As per the latest market update, platinum has dropped by around ₹800 per 10 grams compared to the previous session.

• Current Price: ₹60,050 per 10 grams
• Per Gram Price: ₹6,005

This shows a mild correction in prices, though the overall trend remains relatively stable.

City-Wise Platinum Rates (April 28, 2026)

Platinum prices are largely uniform across India. Here’s a snapshot:

• New Delhi – ₹60,050 / 10 gm
• Mumbai – ₹60,050 / 10 gm
• Ahmedabad – ₹60,050 / 10 gm
• Chennai – ₹60,050 / 10 gm
• Kolkata – ₹60,050 / 10 gm
• Hyderabad – ₹60,050 / 10 gm
• Bengaluru – ₹60,050 / 10 gm

Other cities like Jaipur, Lucknow, Indore, Surat, and Nagpur are also trading at similar levels.

Why Platinum Prices Are Falling

Several factors are influencing the current decline:

• Weak global demand for precious metals
• Fluctuations in international markets
• Strong US dollar impacting commodity prices
• Shift in consumer demand due to high gold prices

Gold Still Expensive, Buying Trends Changing

While platinum prices are easing, gold continues to remain expensive, hovering near ₹1.5 lakh per 10 grams.

As a result:

• Buyers are shifting towards lighter and budget-friendly jewellery
• Lower karat gold (18K, 14K, 9K) is gaining popularity
• Platinum is emerging as a modern alternative, especially among younger buyers

Growing Demand Among Youth

Despite short-term price fluctuations, platinum is slowly gaining traction:

• Preferred for its minimalist and modern designs
• Seen as a premium yet subtle metal
• Popular in rings and daily-wear jewellery

Final Takeaway

Platinum prices have declined slightly on April 28, trading around ₹60,050 per 10 grams across India. While the drop is modest, it reflects broader global market trends.

With gold prices still high, platinum is becoming an increasingly attractive option for buyers looking for value and style.

Disclaimer: Prices are indicative and may vary across cities and jewellers. This article is for informational purposes only and not investment advice.