Platinum Price Vs Gold Price In India

It was not until the global financial crisis of 2008 that gold prices began to overtake platinum prices in terms of overall now fully fiat us dollar valuations post 1971.

Platinum price vs gold price in india. Both gold and platinum are shown in u s. Gold price is an important indicator of the relative values of both precious metals. Gold price chart monthly data as you can see by the chart above platinum was worth more than gold for the vast majority of the 20th century. Today platinum price in rupees per gram.

Since 1987 platinum has usually traded at a higher price than gold until september 2008. Sunday 04 october 2020 2 871. Platinum prices vs gold prices. The gold and platinum price charts below show the price of gold and platinum today as well as the gold and platinum prices over one month one five ten twenty and fifty year periods.

Last 10 days platinum price in india based rupees per gram for 24 22 carat karat in major indian cities. Interactive chart comparing daily gold and platinum prices over the last 10 years. On may 19 2008 platinum traded to a modern day high of 2 182 per ounce. Today platinum price in india is 2 871 rupees per gram.

For example the current spot gold price for 1 gram of gold would be converted into indian rupees according to the current exchange rate. As of july 20 2020 gold was trading at 1 851 an ounce compared with 957 40 an ounce for platinum. Gold and silver year 2017 in review why platinum is not an obvious long historical price comparison chart platinum prices vs gold platinum prices interactive gold price erases last week s drop. Gold vs platinum price chart friday 2 october 2020.

The price is determined by converting the current spot gold price for an ounce or gram of gold into the country s currency.