Market Trend: ▲ +₹187 | Updated: 05 Jan 26
| Date | Rate (1g) | Change | 8 Grams |
|---|---|---|---|
| 05 Jan 26 | ₹8,130 | ▲ +₹187 | ₹65,040 |
| 04 Jan 26 | ₹7,943 | ▲ +₹358 | ₹63,544 |
| 03 Jan 26 | ₹7,585 | ▲ +₹94 | ₹60,680 |
| 02 Jan 26 | ₹7,491 | ▼ -₹385 | ₹59,928 |
| 31 Jan 26 | ₹7,876 | ▼ -₹2,105 | ₹63,008 |
| 30 Jan 26 | ₹9,981 | ▬ 0 | ₹79,848 |
| 29 Jan 26 | ₹9,981 | ▲ +₹534 | ₹79,848 |
| 28 Jan 26 | ₹9,447 | ▼ -₹582 | ₹75,576 |
| 27 Jan 26 | ₹10,029 | ▲ +₹104 | ₹80,232 |
| 26 Jan 26 | ₹9,925 | ▬ 0 | ₹79,400 |
Platinum price in Kolkata and across West Bengal attracts increasing interest from investors, jewelry buyers, and industrial users. Platinum is one of the rarest precious metals, valued for its durability, resistance to corrosion, and wide industrial usage. Due to limited global supply and steady demand, platinum prices often experience fluctuations, making regular tracking essential.
Kolkata serves as the primary precious metals trading hub for eastern India. Platinum prices across West Bengal usually follow trends observed in Kolkata. This blog provides a detailed overview of platinum price trends in Kolkata and important cities of West Bengal. It also explains how platinum price is derived in a city, key influencing factors, buying tips, future outlook, and includes FAQs for strong SEO performance.
West Bengal has a diversified economy that supports platinum demand from multiple sectors. The state has strong chemical, engineering, electronics, and manufacturing industries. Platinum plays a crucial role in industrial catalysts, laboratory equipment, and precision instruments.
Kolkata also has a long-established jewelry market. While gold remains dominant, platinum jewelry has gained popularity among younger consumers and urban professionals. Platinum’s premium look and long-lasting quality make it a preferred choice for engagement rings and contemporary designs.
The state’s access to ports and transport networks ensures steady platinum availability, especially in Kolkata and surrounding districts.
Platinum price in a particular city such as Kolkata is derived through a structured process. The base price comes from international platinum markets, where global spot rates are determined by supply and demand.
These global rates are converted into Indian prices using the prevailing Indian Rupee to US Dollar exchange rate. Since platinum is largely imported, currency movement plays a significant role in price calculation.
After conversion, import duties, taxes, and logistics costs are added. Transportation, insurance, and handling expenses influence the final landed cost in India.
At the city level, local demand, jeweler margins, and competition further shape the final platinum price. In Kolkata, strong wholesale markets and port access help maintain competitive pricing. Other West Bengal cities usually follow Kolkata prices with minor adjustments.
Several global and local factors influence platinum prices in Kolkata and across West Bengal.
Supply disruptions in mining regions can quickly impact prices. In addition, festive seasons in West Bengal often increase jewelry demand, supporting stable pricing.
Kolkata is the main reference market for platinum prices in West Bengal. The city hosts major jewelers, bullion dealers, and industrial buyers. Platinum price in Kolkata reflects international trends combined with regional demand.
Jewelry showrooms in Kolkata update platinum prices frequently. Buyers often monitor daily price movements before making purchases. Making charges vary depending on craftsmanship, design complexity, and brand reputation.
Kolkata’s port connectivity supports steady supply, which helps maintain consistent pricing throughout the year.
Howrah shares close commercial ties with Kolkata. Platinum price in Howrah closely follows Kolkata rates.
Retail demand remains steady, supported by urban households and small businesses.
Durgapur is an important industrial city in West Bengal. Platinum price in Durgapur reflects both industrial demand and retail consumption.
Steel, engineering, and manufacturing activities indirectly support platinum usage.
Asansol has a strong industrial base and growing urban population. Platinum price in Asansol generally aligns with Kolkata benchmarks.
Retail demand remains moderate but consistent throughout the year.
Siliguri is a key commercial hub in North Bengal. Platinum price in Siliguri follows Kolkata pricing trends.
Trade connectivity with neighboring states supports steady retail activity.
Kharagpur benefits from educational institutions and rail connectivity. Platinum price in Kharagpur remains consistent with state-level averages.
Jewelry demand increases during festive and wedding seasons.
Haldia has a strong industrial and port-based economy. Platinum price in Haldia reflects industrial usage patterns.
Supply access helps maintain pricing consistency.
Bardhaman has a growing retail market supported by agriculture and trade. Platinum price in Bardhaman follows Kolkata trends.
Consumers prefer lightweight platinum ornaments.
Malda shows limited but steady platinum demand. Platinum price here aligns with West Bengal averages.
Retail purchases remain occasional.
Cooch Behar has a smaller jewelry market. Platinum price remains consistent with state pricing.
Demand remains niche and event-driven.
Jalpaiguri supports moderate platinum demand. Platinum price follows Siliguri and Kolkata benchmarks.
Urban growth may support future demand.
Bankura has a traditional retail market. Platinum price in Bankura reflects broader state trends.
Awareness of platinum jewelry is gradually increasing.
Purulia shows limited platinum demand. Platinum price remains aligned with West Bengal averages.
Retail activity remains occasional.
Nadia district has steady retail activity. Platinum price in Krishnanagar follows Kolkata pricing closely.
Wedding seasons drive short-term demand.
Hooghly district benefits from proximity to Kolkata. Platinum price in Chinsurah remains closely linked to the metro market.
Urban expansion supports steady consumption.
Birbhum shows moderate platinum demand. Platinum price aligns with state averages.
Retail purchases remain seasonal.
Platinum offers diversification benefits for investors seeking alternatives to gold and silver. Although price volatility exists, long-term industrial demand supports value retention.
Investors in Kolkata often prefer platinum coins and bars. Jewelry remains popular for combined investment and personal use.
Tracking platinum price trends helps reduce investment risks.
Buying from reputed jewelers ensures transparency and quality assurance.
Platinum demand may increase due to growth in clean energy technologies and industrial expansion. Manufacturing and chemical sectors continue to support consumption.
Cities like Kolkata, Durgapur, and Asansol may see higher demand in the future. Therefore, platinum price trends could remain firm over the long term.
Global economic conditions will continue to influence short-term price movements.
How is platinum price in Kolkata determined?
Prices depend on global platinum rates, currency exchange, import costs, and local demand.
Does platinum price vary across West Bengal cities?
Price variation remains minimal and depends on logistics and demand.
Is platinum jewelry popular in West Bengal?
Popularity is increasing, especially in Kolkata and urban areas.
Is platinum a good long-term investment?
Platinum suits investors seeking diversification and long-term value.
Which city has the highest platinum demand in West Bengal?
Kolkata leads due to its large jewelry and industrial market.
Where can I check daily platinum prices?
Reputed jewelers and bullion dealers provide daily updates.
Platinum price in Kolkata and across West Bengal remains closely linked to global markets. Understanding city-wise demand, pricing factors, and price derivation helps buyers and investors make confident and informed decisions.