Gold Price Today in Shimla — 31 March 2026
Last updated: 30 March 2026
| Weight | 24K | 22K |
|---|---|---|
| 1g | ₹14,617 | ₹13,399 |
| 8g | ₹1,16,936 | ₹1,07,192 |
| 10g | ₹1,46,170 | ₹1,33,990 |
| 100g | ₹14,61,700 | ₹13,39,900 |
| 1kg | ₹1,46,17,000 | ₹1,33,99,000 |
This city is one of India's active gold markets, with rates aligned to MCX benchmarks. Local jeweller associations may apply minor variations. Today, 24K gold here is priced at ₹14,617 per gram.
Prices include local taxes and may vary by jeweller. Always confirm the final rate including making charges before purchase. Hallmark certification ensures purity.
30-Day Gold Price Trend in Shimla
Factors Affecting Gold Price in Shimla
Gold prices in Shimla are influenced by the Multi Commodity Exchange (MCX) benchmarks, which reflect global spot prices, rupee-dollar dynamics, and import duties. When international gold rises or the rupee weakens, local rates tend to follow.
State-level taxes and levies affect the final price in Shimla. The Goods and Services Tax (GST) of 3% on gold jewellery applies uniformly, but local octroi or other levies may create small differences compared to other cities.
Demand cycles play a key role. During weddings, festivals like Diwali, Dussehra, and Akshaya Tritiya, and local celebrations in Himachal Pradesh, demand surges and jewellers may add a small premium. Off-season periods often see slightly softer rates.
Jeweller association rates in Shimla provide a reference, but individual stores may quote marginally different prices based on inventory, making charges, and design complexity. Always compare at least 2-3 jewellers before buying.
Shimla vs Nearby Cities
| City | 24K (₹/g) | 22K (₹/g) | Variation |
|---|---|---|---|
| Shimla | ₹14,617 | ₹13,399 | -0.78% |
| Srinagar | ₹14,622 | ₹13,403 | -0.75% |
| Dehradun | ₹14,624 | ₹13,405 | -0.73% |
| Mangalore | ₹14,623 | ₹13,404 | -0.74% |
| Vijayawada | ₹14,627 | ₹13,408 | -0.71% |
| Rajkot | ₹14,630 | ₹13,411 | -0.69% |
Frequently Asked Questions
What is the gold price in Shimla today?
Today's gold price in Shimla varies slightly based on local jeweller rates. Check the table above for 24K and 22K rates per gram.
What is 22K gold price in Shimla?
22K gold in Shimla is priced as shown in the table above. 22K is 91.6% pure and preferred for traditional jewellery.
Why does gold price differ between cities?
Gold prices differ due to state taxes, local association rates, and demand. Cities like Mumbai and Delhi may have marginally different rates.
Where can I buy gold in Shimla?
Shimla has numerous certified jewellers. Look for BIS hallmark certification and compare rates at 2-3 stores before buying.
How is GST applied on gold in Shimla?
GST of 3% applies on gold jewellery across India, including in this city. Gold coins and bars for investment may have different tax treatment.
Gold & Silver Prices in Other Cities
Compare gold prices in Shimla with nearby cities: