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Gold Investment in Shimla

Considering Shimla's cultural and economic relation to gold, investing in this precious metal can offer stability and potential returns. Start by researching reputable local jewellers or financial institutions that facilitate gold investments. Choose between physical gold, like jewellery and coins, or opt for gold investment schemes. Some options you can consider include gold ETFs, sovereign gold bonds, and gold derivatives like futures and options. Staying updated with the Today Gold Rate in Himachal Pradesh will help you make informed decisions and reap the maximum benefit of your investments.

Today Gold Rate in Shimla

Here is an overview of the price of gold in Shimla today:

Gram

22 Carat Gold Rate Today

22 Carat Gold Rate Yesterday

Daily Price Change

1 Gram

₹9,030

₹9,100

     ₹-70

10 Gram

₹90,300

₹91,000

     ₹-700

100 Gram

₹903,000

₹910,000

     ₹-7000

*Disclaimer: The aforementioned rates are subject to change as per market conditions.

Today 22 and 24 Carat Gold Rate in Shimla

Know more about the changes in gold rates in Shimla over the last 5 days:

Date

STANDARD GOLD 22K

STANDARD GOLD 24K

1 Gram

10 Gram

1 Gram

10 Gram

June 03, 2025

₹9,030

₹90,300

₹9,482

₹94,820

June 02, 2025

₹9,100

₹91,000

₹9,555

₹95,550

June 01, 2025

₹9,100

₹91,000

₹9,555

₹95,550

May 31, 2025

₹9,000

₹90,000

₹9,450

₹94,500

May 30, 2025

₹8,975

₹89,750

₹9,424

₹94,240

*Disclaimer: The rates are subject to change as per market conditions.

Today 18 Carat Gold Rate in Shimla

Gold price in Shimla with fluctuations in the last few days, is shown below:

Date

STANDARD GOLD 18K

1 Gram

10 Gram

June 03, 2025

₹7,388

₹73,880

June 02, 2025

₹7,445

₹ 74,450

June 01, 2025

₹7,445

₹74,450

May 31, 2025

₹7,364

₹73,640

May 30, 2025

₹7,343

₹73,430

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Gold Rate in Shimla - April 2025

Gold prices in Shimla continued their upward trend in April 2025, showing a moderate increase over the month. Both 22-karat and 24-karat gold witnessed price fluctuations, with the highest and lowest rates recorded between the 1st and 30th of April.

 

Gold Prices on 1st April 2025

  • 22-Karat Gold: ₹8,525 per gram
  • 24-Karat Gold: ₹9,299 per gram

 

Gold Prices on 30th April 2025

  • 22-Karat Gold: ₹9,305 per gram
  • 24-Karat Gold: ₹10,150 per gram

 

Highest Gold Price in April 2025

The highest recorded price of gold during the month was on 22nd April 2025:

  • 22-Karat Gold: ₹9,305 per gram
  • 24-Karat Gold: ₹10,150 per gram

 

Lowest Gold Price in April 2025

The lowest recorded price of gold during the month was on 8th April 2025:

  • 22-Karat Gold: ₹8,240 per gram
  • 24-Karat Gold: ₹8,988 per gram

 

Overall Performance

Gold prices in Shimla experienced a significant increase in April 2025. The percentage change for both 22-karat and 24-karat gold was approximately +9.15%.

Gold Rate in Shimla - March 2025

Gold prices in Shimla continued their upward trend in March 2025, showing a moderate increase over the month. Both 22-karat and 24-karat gold witnessed price fluctuations, with the highest and lowest rates recorded between the 1st and 31th of March.

 

Gold Prices on 1st March 2025

  • 22-Karat Gold: ₹7,955 per gram
  • 24-Karat Gold: ₹8,677 per gram

 

Gold Prices on 31st March 2025

  • 22-Karat Gold: ₹8,440 per gram
  • 24-Karat Gold: ₹9,206 per gram

 

Highest Gold Price in March 2025

The highest recorded price of gold during the month was on 30th March 2025:

  • 22-Karat Gold: ₹8,440 per gram
  • 24-Karat Gold: ₹9,206 per gram

 

Lowest Gold Price in March 2025

The lowest recorded price of gold during the month was on 4th March 2025:

  • 22-Karat Gold: ₹7,955 per gram
  • 24-Karat Gold: ₹8,677 per gram

 

Overall Performance

Gold prices in Shimla experienced a notable increase in March 2025. The percentage change for both 22-karat and 24-karat gold was approximately +6.10%.

Gold Rate in Shimla - February 2025

Gold prices in Shimla continued their upward trend in February 2025, showing a moderate increase over the month. Both 22-karat and 24-karat gold witnessed price fluctuations, with the highest and lowest rates recorded between the 1st and 28th of February.

 

Gold Prices on 1st February 2025

  • 22-Karat Gold: ₹7,760 per gram
  • 24-Karat Gold: ₹8,464 per gram

 

Gold Prices on 28 th February 2025

  • 22-Karat Gold: ₹7,975 per gram
  • 24-Karat Gold: ₹8,699 per gram

 

Highest Gold Price in February 2025

The highest recorded price of gold during the month was on 21st February 2025:

  • 22-Karat Gold: ₹8,090 per gram
  • 24-Karat Gold: ₹8,825 per gram

 

Lowest Gold Price in February 2025

The lowest recorded price of gold during the month was on 3rd February 2025:

  • 22-Karat Gold: ₹7,720 per gram
  • 24-Karat Gold: ₹8,420 per gram

 

Overall Performance

Gold prices in Shimla experienced a slight increase in February 2025. The percentage change for both 22-karat and 24-karat gold was approximately +2.78%.

Points to Remember When Buying Gold in Shimla

Here are some things to keep in mind when purchasing gold in Shimla:

  • Karats: Understand the measures used to denote the purity of gold. Higher karat represents purer gold, however, lower karats are more commonly used for jewellery due to durability concerns. Always check the karat at the time of purchase.

  • Certification: Look for credible hallmarking from national agencies like the Bureau of Indian Standards

  • Current Gold Rates: Monitor market trends and understand factors influencing them like global events, economic indicators, and local demand

  • Compare Prices: Get quotes from various jewellers or banks to compare prices based on weight, purity, and additional charges like GST and making charges

  • Choose Reputable Sellers: Opt for established jewellers or banks with a good reputation for fair practices and transparency

  • Understand All Charges: Ask about and clarify all associated charges like making charges, taxes, and potential hidden fees before finalising the purchase

  • Purpose: Decide if you are buying for investment purposes or ornamental use. This can influence the type of gold you purchase.

  • Insurance: Depending on the value, consider insurance coverage for your gold against theft or damage.

FAQs

What factors have an impact on the gold rates in Shimla?

Shimla gold rates may be impacted by several factors, such as:

  • Government gold reserves

  • Gold import tax

  • Demand and supply of gold

  • Macroeconomic crisis 

  • Geo-political issues

  • Change in government policies and interest rates

How to check the purity of gold purchased in Shimla?

To check the purity of gold purchased in Shimla, follow these steps:

  • BIS Hallmarks: Look for Bureau of Indian Standards (BIS) hallmarks on the gold item, indicating adherence to quality standards

  • Karat Markings: Check for karat markings on the jewellery, specifying the gold's purity level (e.g., 24K, 22K, 18K)

  • Testing Kits: Use gold testing kits available at reputable jewellery shops to verify the authenticity and purity

 

By combining these methods, you can reliably assess the purity of the gold you purchase in Shimla.

Is it important to get a certificate of authenticity after purchasing gold in Shimla?

Yes, it is extremely important. Certified gold assures you that it is pure and adheres to the quality standards set by the Bureau of Indian Standards (BIS). When you get a certificate that has information about the articles you buy, you are guaranteed its quality and authenticity. This also helps if you want to resell your gold.

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