Silver Price Today in Shimla — 15 May 2026
Last updated: 14 May 2026
| Weight | Silver |
|---|---|
| 1g | ₹288 |
| 8g | ₹2,304 |
| 10g | ₹2,880 |
| 100g | ₹28,800 |
| 1kg | ₹2,88,000 |
Shimla is one of India's active silver markets. Silver prices in Shimla typically align with national MCX rates, with minor variations based on local jeweller associations and state taxes. Today, silver in Shimla is priced at ₹288 per gram.
Silver demand in Shimla peaks during festivals and weddings. The city's jewellery market offers both traditional and modern silver designs. Making charges vary by design complexity.
Silver Market in Shimla
Shimla’s jewellery demand is driven by local buying and seasonal tourism, with rates broadly following national trends. Retail availability can be more limited for certain designs during peak periods.
Local tip: If selection is limited in peak season, consider ordering from a reputed jeweller with clear hallmark and delivery terms.
Seasonal note: Festival seasons and wedding months can tighten inventory and reduce discounts on popular designs.
Nearby cities: Chandigarh, Dehradun
Silver prices in Shimla follow MCX benchmarks and vary based on local taxes, jeweller association rates, and seasonal demand — learn more →
Shimla vs Nearby Cities
| City | Price (₹/g) | Variation |
|---|---|---|
| Shimla | ₹288 | -0.78% |
| Srinagar | ₹288 | -0.75% |
| Dehradun | ₹288 | -0.73% |
| Mangalore | ₹288 | -0.74% |
| Vijayawada | ₹288 | -0.71% |
| Rajkot | ₹288 | -0.69% |
Frequently Asked Questions
What is the silver price in Shimla today?
Today's silver price in Shimla is shown in the table above. Rates may vary slightly by jeweller.
Why does silver price differ between cities?
Silver prices differ due to state taxes, local association rates, and demand.
Where can I buy silver in Shimla?
Shimla has numerous jewellers selling silver. Look for purity marks and compare rates.
How is GST applied on silver?
GST of 3% applies on silver jewellery across India.
Gold & Silver Prices in Other Cities
Compare silver prices in Shimla with nearby cities: