24K price performance
▲ Up ₹663.02 (+4.3%) over 31 days
Shimla, Himachal Pradesh, India
Gold Jewellery Price
24K per gram
₹15,865.47
22K per gram
₹14,543.51
18K per gram
₹12,216.55
Last rate update: Mon, Jun 1, 2026 3:12 PM
Calculation output
| Line item | Value |
|---|---|
| Rate per gram | ₹15,865.47 |
| Weight in grams | 10.000 |
| Gold value | ₹1,58,654.70 |
| Chargeable weight | 10.000 |
| Making charge | ₹0.00 |
| GST amount | ₹4,759.64 |
| Total | ₹1,63,414.34 |
Recent rate history
| Date | Avg Price | Status |
|---|---|---|
| Jun 01, 2026 | ₹15,957.35 | Verified |
| May 31, 2026 | ₹16,007.89 | Verified |
| May 30, 2026 | ₹15,998.09 | Verified |
| May 29, 2026 | ₹15,934.43 | Verified |
| May 28, 2026 | ₹15,925.87 | Verified |
| May 27, 2026 | ₹16,062.68 | Verified |
| May 26, 2026 | ₹16,136.76 | Verified |
| May 25, 2026 | ₹16,152.43 | Verified |
| May 24, 2026 | ₹16,117.22 | Verified |
| May 23, 2026 | ₹16,134.46 | Verified |
In Shimla, Himachal Pradesh, as of 14 May 2026, gold prices for jewelry are stable with 24k gold at approximately ₹16,467 per gram, 22k at ₹15,095, and 18k at ₹12,607. These rates reflect recent market fluctuations, with a slight upward trend observed in the past few days. Gold remains a popular investment and adornment choice in Shimla, influenced by global trends and local demand. Understanding current prices and market movements can help buyers make informed decisions whether purchasing gold jewelry or investing in precious metals. It’s essential to stay updated on daily rates, which can vary due to market conditions, currency fluctuations, and regional factors. Local buyers should also consider purity, craftsmanship, and certification when purchasing gold jewelry in Shimla. Keeping track of recent price trends and market pulse can assist in timing your purchase for the best value. Always verify rates from trusted sources and ensure proper documentation when buying gold in Himachal Pradesh’s scenic city.
Market
Market pulse
Gold prices in Shimla have shown stability with minor fluctuations over the past month, reaching around ₹16,440 per gram for 24k gold as of mid-May 2026. The market has experienced consistent demand, driven by both local jewelry needs and investment interests. Recent data indicates a slight upward trend, signaling cautious optimism among traders. Global economic factors and currency movements continue to influence local rates. For buyers in Shimla, staying aware of daily price shifts and market sentiment can be beneficial. Gold remains a favored asset, especially in regions like Himachal Pradesh where traditional jewelry holds cultural significance. Monitoring market trends and understanding the current pulse can help buyers make timely and informed decisions when purchasing or selling gold in Shimla.
Guide
Buyer playbook
To navigate the gold market in Shimla effectively, start by researching current rates for different purities, such as 24k, 22k, and 18k, as of 14 May 2026. Always verify the authenticity and purity markings on gold jewelry before making a purchase. Compare prices from multiple local dealers to ensure you’re getting a fair deal, considering the recent market trends. Understand the premium or markup associated with craftsmanship and design, which can vary across shops. When selling, ensure you have proper documentation of purchase and verify the purity to get accurate valuation. Keep an eye on market news and daily price updates to time your transactions optimally. It’s also wise to check for any regional taxes or additional charges that may affect the final price. Educating yourself about current rates and market dynamics can help you make confident decisions whether buying or selling gold jewelry in Shimla.
Checklist
Local buying checklist
- Verify current rates.
- Check purity markings.
- Confirm the authenticity of the seller.
- Inspect the quality and craftsmanship.
- Review any additional charges or taxes.
- Keep documentation of your purchase or sale.
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FAQ
Frequently asked questions
What is the current price of 24k gold in Shimla?
As of 14 May 2026, 24k gold in Shimla is approximately ₹16,467 per gram.
How has the gold price changed recently?
Recent data shows a slight increase in gold prices, with the rate for 24k gold rising from around ₹15,409 in April to about ₹16,440 in mid-May 2026.
What should I check before buying gold jewelry in Shimla?
Verify current rates, check purity markings, confirm authenticity, inspect craftsmanship, review additional charges, and keep purchase documentation.
Are there any regional taxes on gold purchases in Himachal Pradesh?
The provided data does not specify regional taxes, but it is advisable to inquire locally about any applicable taxes or charges.
Can I sell my gold jewelry in Shimla at current rates?
Yes, you can sell gold jewelry based on current market rates, but ensure your jewelry’s purity and have proper documentation for accurate valuation.
How often do gold prices in Shimla change?
Gold prices can fluctuate daily based on market conditions, currency movements, and global economic factors. Monitoring daily updates is recommended.