Silver 999 price performance
▲ Up ₹20.25 (+7.5%) over 31 days
Shimla, Himachal Pradesh, India
Silver Price
999 per gram
₹290.43
925 per gram
₹268.65
900 per gram
₹261.39
Last rate update: Mon, Jun 1, 2026 4:06 PM
Calculation output
| Line item | Value |
|---|---|
| Rate per gram | ₹290.43 |
| Weight in grams | 10.000 |
| Gold value | ₹2,904.30 |
| Chargeable weight | 10.000 |
| Making charge | ₹0.00 |
| GST amount | ₹87.13 |
| Total | ₹2,991.43 |
Recent rate history
| Date | Avg Price | Status |
|---|---|---|
| Jun 01, 2026 | ₹290.43 | Verified |
| May 31, 2026 | ₹290.43 | Verified |
| May 30, 2026 | ₹290.44 | Verified |
| May 29, 2026 | ₹288.55 | Verified |
| May 28, 2026 | ₹287.24 | Verified |
| May 27, 2026 | ₹292.31 | Verified |
| May 26, 2026 | ₹295.44 | Verified |
| May 25, 2026 | ₹295.44 | Verified |
| May 24, 2026 | ₹295.44 | Verified |
| May 23, 2026 | ₹295.44 | Verified |
In Shimla, Himachal Pradesh, silver prices as of 14 May 2026 are influenced by recent market fluctuations. The current rates for silver vary based on purity levels, with 999 purity priced at ₹315.48 per gram, 925 purity at ₹291.82, and 900 purity at ₹283.93. Over the past month, silver prices have shown a steady upward trend, reaching a high of ₹318.07 on 14 May 2026, reflecting increased demand and market activity. Whether you're a collector, investor, or someone purchasing silver jewelry, understanding local market dynamics is essential. Keep an eye on daily price movements and purity levels to make informed decisions. Local dealers and markets in Shimla offer a range of options, but verifying current rates and purity standards ensures fair transactions. Staying updated with recent trends can help you buy or sell silver at optimal times, especially in a fluctuating market environment like Himachal Pradesh.
Market
Market pulse
Silver prices in Shimla have experienced a notable rise over the past month, with the latest rate reaching ₹318.07 per gram for 999 purity as of 14 May 2026. This upward trend suggests increased demand, possibly driven by market factors or regional economic activity. Prices have fluctuated but generally moved higher since late April, indicating a positive market sentiment. Investors and buyers should monitor daily changes to identify favorable opportunities. Local market conditions and purity levels significantly impact pricing, so staying informed about current rates is crucial for making timely transactions. Overall, the silver market in Himachal Pradesh remains active, with prices reflecting broader trends in precious metals markets.
Guide
Buyer playbook
When purchasing silver in Shimla, start by researching current rates for different purities, especially as of 14 May 2026, to ensure you're paying a fair price. Always verify the purity markings on silver items or bars to confirm authenticity, as purity levels directly influence value. Compare prices from multiple local dealers to find the best deal, considering both the purity and the current market rates. If buying silver jewelry, inquire about hallmarks and certification to guarantee quality. For investment purposes, consider the recent upward trend in prices and choose a reputable seller with transparent pricing. Keep receipts and documentation of your purchase for future reference. Regularly monitor market trends to identify the best times to buy or sell, and avoid impulsive decisions based solely on short-term fluctuations.
Checklist
Local buying checklist
- Verify current rates.
- Check purity markings.
- Compare prices from multiple dealers.
- Confirm authenticity and certification.
- Inspect the quality and condition of silver items.
- Keep purchase receipts and documentation.
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FAQ
Frequently asked questions
What is the current silver price in Shimla?
As of 14 May 2026, silver prices in Shimla are ₹315.48 per gram for 999 purity, ₹291.82 for 925, and ₹283.93 for 900 purity.
How have silver prices changed recently?
Silver prices have generally increased over the past month, reaching a high of ₹318.07 on 14 May 2026, reflecting a positive market trend.
What should I check before buying silver in Shimla?
Verify current rates, check purity markings, compare prices from multiple dealers, and confirm authenticity and certification.
Are there specific purity levels I should consider?
Higher purity levels like 999 typically command higher prices but offer greater value, while 925 and 900 are more common for jewelry and other items.
How can I ensure the authenticity of silver purchases?
Look for official purity hallmarks, buy from reputable dealers, and request certification or receipts for your purchase.
Is it a good time to buy silver now?
Market trends show rising prices as of May 2026, but it’s advisable to monitor daily rates and compare with your financial goals before purchasing.