Real-time platinum rates for Platinum 950 (95% pure) and Fine (99.9% pure) platinum • Updated hourly
Calculate exact platinum prices for any weight in grams or ounces. Choose between Platinum 950 (95% pure) and Fine (99.9% pure) platinum.
Calculate the actual cost of buying platinum jewelry with our free calculator. Our Platinum Jewelry Purchase Cost Calculator includes making charges, wastage, and taxes to give you the real amount you'll pay at jewelers in United Kingdom.
💡 Why This Matters: A 100-gram Platinum 950 platinum anklet may cost £3,868 in raw platinum, but with making charges and wastage, your actual purchase cost jumps to £4,835. Use our calculator to compare jeweler quotes and avoid overpaying.
💡 These are estimates. Platinum making charges are significantly lower than gold (₹10-50/g vs ₹300-1000/g for gold).
Calculate real platinum buyback rates: Jewelers typically pay 95-98% of spot price for coins/bars, 93-95% for jewelry. Get instant selling price for your platinum.
Compare 950 Platinum 950 vs 999 Fine vs 90% Coin Platinum: prices, durability, uses and investment value. Find the right purity for jewelry or investment.
| Feature | Platinum 950 Platinum (95%) | Fine Platinum (99.9%) | Coin Platinum (90%) |
|---|---|---|---|
| Purity Level | 95% Pure | 99.9% Pure | 90% Pure |
| Today's Price (per gram) | £38.68 | £40.67 | £37.64 |
| Best For | Jewelry, Flatware | Investment, Bullion | Coins, Collectibles |
| Durability | Very Durable | Soft, Scratches Easily | Medium Durability |
| Resale Value | Good (~95%) | Highest (100%) | Medium (~92%) |
| Hallmark Standard | 950 | 999 | 900 |
| Alloy Metals | Copper (7.5%) | None (0.1% trace) | Copper (10%) |
| Tarnish Resistance | Low (tarnishes easily) | Very Low (tarnishes fastest) | Low |
For investment, choose Fine Platinum (999) for maximum resale value. For jewelry that you'll wear regularly, Platinum 950 (950) offers the best balance of purity and durability. Coin platinum is primarily for collectibles and historical pieces.
Instant price reference for common platinum weights: See exact costs for 1g, 10g, 24g, 50g, 100g and 1 kilogram in GBP currency.
| Weight Unit | Platinum 950 (95%) | Fine (99.9%) |
|---|---|---|
| 10 Grams | £386.80 | £406.70 |
| 50 Grams | £1,934.00 | £2,033.50 |
| 100 Grams | £3,868.00 | £4,067.00 |
| 250 Grams | £9,670.00 | £10,167.50 |
| 500 Grams | £19,340.00 | £20,335.00 |
| 1 Kilogram | £38,680.00 | £40,670.00 |
| Note: Prices shown are retail rates. Actual jewelry cost may vary with making charges. | ||
Compare platinum rates across major international markets (Platinum 950 platinum 95% per gram)
| Country | Currency | Platinum 950 Price/gram | Import Duty | Market Type |
|---|---|---|---|---|
| 🇦🇪 UAE (Dubai) | AED | د.إ179.92 | 0% (Tax free) | Duty Free |
| 🇮🇳 India | INR | ₹5,315.01 | 12.5% + 3% GST | High Duty |
| 🇺🇸 USA | USD | $50.46 | 0% (Tax free) | Duty Free |
| 🇬🇧 UK (Current) | GBP | £38.68 | 0% (Tax free) | Duty Free |
| 🇸🇬 Singapore | SGD | S$63.72 | 0% (Tax free) | Duty Free |
| 🇦🇺 Australia | AUD | A$74.77 | 0% (Tax free) | Duty Free |
| 🇨🇦 Canada | CAD | C$68.51 | 0% (Tax free) | Duty Free |
| Live Data: Prices updated hourly (24 times daily) from Metals.dev API. UAE and Singapore offer the lowest platinum prices globally due to zero/low import duties. | ||||
10 gram 950 platinum jewelry costs £386.80 base price + £38.68-£193.40 making charges (10-50% range depending on design complexity), totaling £425.48-£580.20. Use our free calculator above for exact costs.
Jewelers in United Kingdom typically pay £36.75-£37.91 per gram (95-98% of spot price) for 950 platinum coins and bars. For used jewelry, expect 93-95% due to wastage deductions. Fine platinum (99.9%) commands higher buyback rates (98-100%) than 950 (95%).
To calculate total platinum jewelry cost: (1) Base price = Weight × Purity × Spot rate, (2) Add making charges (10-50% of base), (3) Add wastage (3-8% of weight). Our free calculator above does this automatically - just enter weight and design complexity.
For everyday jewelry, choose 950 950 platinum (£38.68/g) - it's more durable and scratch-resistant due to 7.5% copper alloy. For investment or special occasion jewelry, choose 999 fine platinum (£40.67/g) - it has higher purity and better resale value, though it's softer.
Platinum making charges in United Kingdom vary by design: Simple designs (chains, plain bangles) charge 10-20% markup, Medium designs (decorative bangles, pendants) charge 20-35%, Heavy/Intricate designs (oxidized jewelry, filigree work) charge 35-50%. Platinum making charges are significantly lower than gold (which charges ₹150-500/gram).
A 50 gram 950 platinum chain costs £1,934.00 base price + £290.10-£580.20 making charges (15-30% for chain designs) = £2,224.10-£2,514.20 total. Fine platinum (99.9%) chains cost slightly more.
950 950 platinum (95% pure + 7.5% copper) is best for jewelry - durable and tarnish-resistant. 999 fine platinum (99.9% pure) is best for investment - highest purity but softer. 900 coin platinum (90% pure) is used in antique coins and collectibles. For daily-wear jewelry, choose 950. For investment bars/coins, choose 999.
Fair platinum making charges in United Kingdom: 10-20% for machine-made jewelry, 20-35% for semi-handmade, 35-50% for fully handcrafted pieces. If quoted over 50%, negotiate or compare with other jewelers. Always ask for itemized bills showing base price, making charges, wastage, and Tax separately.
Today, jewelers in United Kingdom pay £36.75-£37.91/gram for 950 platinum jewelry (93-98% of spot price). Fine platinum (99.9%) gets 98-100% rates. Deductions include: 5-7% wastage, melting charges, and stones (not valued). Platinum has better buyback rates than gold (typically 90-95% vs 85-90% for gold).
For investment, platinum coins/bars (999 fine) are better - they have lower making charges (2-5% vs 10-50% for jewelry), higher buyback rates (98-100% vs 93-95%), and no wastage deductions. Jewelry is better for personal use with dual purpose (wear + store value). For pure investment, buy 999 fine platinum coins from certified dealers.