Market Trend: ▲ +₹104 | Updated: 27 Jan 26
| Date | Rate (1g) | Change | 8 Grams |
|---|---|---|---|
| 27 Jan 26 | ₹10,032 | ▲ +₹104 | ₹80,256 |
| 26 Jan 26 | ₹9,928 | ▬ 0 | ₹79,424 |
| 25 Jan 26 | ₹9,928 | ▬ 0 | ₹79,424 |
| 24 Jan 26 | ₹9,928 | ▲ +₹975 | ₹79,424 |
| 23 Jan 26 | ₹8,953 | ▲ +₹22 | ₹71,624 |
| 22 Jan 26 | ₹8,931 | ▲ +₹386 | ₹71,448 |
| 21 Jan 26 | ₹8,545 | ▲ +₹138 | ₹68,360 |
| 20 Jan 26 | ₹8,407 | ▲ +₹65 | ₹67,256 |
| 19 Jan 26 | ₹8,342 | ▼ -₹106 | ₹66,736 |
| 18 Jan 26 | ₹8,448 | ▬ 0 | ₹67,584 |
Platinum price in Thiruvananthapuram, Kerala, and nearby cities attracts interest from jewelry buyers, investors, and industrial users. Platinum is a rare precious metal valued for its strength, corrosion resistance, and applications in jewelry, medical instruments, and industrial equipment. Limited global supply and rising demand make it important to track prices regularly.
Thiruvananthapuram acts as the main market hub for platinum in Kerala, and other cities in the state generally follow its pricing trends. This article provides an overview of platinum price trends in Thiruvananthapuram and other important cities in Kerala, explains how prices are derived, factors affecting them, buying tips, investment perspective, and frequently asked questions.
Platinum is in demand across luxury, industrial, and medical sectors in Kerala. Thiruvananthapuram has a growing urban population and a strong retail market. Other cities such as Kochi, Kollam, and Kozhikode also show increasing interest in platinum, especially during festivals, weddings, and special occasions.
Platinum is widely used in fine jewelry, automotive catalysts, medical instruments, and electronics. Improved logistics and trade connectivity ensure steady availability throughout the state.
Platinum price in Thiruvananthapuram is determined through a multi-step process. First, the base price comes from international platinum markets, driven by global supply and demand. The spot price is updated daily based on worldwide market conditions.
The global rate is converted into Indian Rupees using the prevailing USD/INR exchange rate. Since most platinum is imported, currency fluctuations affect local prices. A stronger rupee lowers import costs, while a weaker rupee increases them.
Import duties, GST, logistics, insurance, and handling charges are added to form the landed cost in India. Finally, local jewelers and bullion dealers add their margins and making charges. Prices in other cities in Kerala follow Thiruvananthapuram rates, with slight variations due to local demand and operational costs.
Seasonal demand and international market volatility also influence short-term price movements.
Thiruvananthapuram is the main reference market for platinum pricing in Kerala. The city has numerous jewelry showrooms and bullion dealers. Platinum prices reflect global market trends combined with local demand.
Prices are updated regularly, and making charges vary depending on design complexity and craftsmanship. Urban demand and tourism contribute to steady availability throughout the year.
Kochi is a major commercial hub in Kerala. Platinum prices closely follow Thiruvananthapuram. Jewelry demand is high, especially during festivals and wedding seasons.
Kollam has a strong retail market. Platinum prices align with Thiruvananthapuram rates. Demand rises during cultural and festive events.
Kozhikode has a growing urban market. Platinum prices reflect state averages. Jewelry purchases increase during weddings and celebrations.
Thrissur is known for cultural festivals and jewelry demand. Platinum prices mirror Thiruvananthapuram. Retail demand peaks during festive seasons.
Alappuzha has moderate retail demand. Platinum prices are consistent with Thiruvananthapuram rates. Demand remains stable throughout the year.
Palakkad shows steady interest in platinum jewelry. Prices follow state benchmarks. Retail purchases increase during weddings and festivals.
Malappuram has a growing urban population. Platinum prices align with Thiruvananthapuram trends. Jewelry demand remains seasonal and event-driven.
Thodupuzha supports moderate retail activity. Platinum prices follow regional rates. Demand is consistent but lower than metro centers.
Platinum provides diversification benefits for investors seeking alternatives to gold and silver. Short-term price fluctuations exist, but long-term industrial demand supports value retention. Investors in Thiruvananthapuram and other cities often prefer platinum coins and bars. Jewelry continues to serve both investment and personal use purposes.
Purchasing from reputed jewelers ensures transparency and quality assurance.
Platinum demand in Kerala may rise due to growth in healthcare, automotive, and electronics sectors. Increasing consumer awareness supports adoption of platinum jewelry. Cities like Thiruvananthapuram, Kochi, and Thrissur may experience stronger demand in the future. Short-term prices will still be influenced by global market conditions and currency fluctuations.
How is platinum price in Thiruvananthapuram determined?
Prices are based on global platinum rates, currency exchange, import costs, and local demand.
Does platinum price vary across Kerala cities?
Price variation is minimal and follows Thiruvananthapuram benchmarks.
Is platinum jewelry popular in Kerala?
Popularity is growing, especially in urban centers and among younger buyers.
Is platinum a good long-term investment?
Platinum provides diversification and long-term value retention.
Which city has the highest platinum demand in Kerala?
Thiruvananthapuram leads, followed by Kochi and Thrissur.
Where can I check daily platinum prices?
Reputed jewelers and bullion dealers provide daily updates.
Platinum price in Thiruvananthapuram and surrounding cities is closely linked to global markets and local demand. Understanding pricing derivation and regional trends helps buyers and investors make informed decisions.