Today's Gold Rate in Sikkim

Gold is more than just a precious metal in Sikkim. It represents tradition, prosperity, and prudent financial planning. Whether you are purchasing gold for personal use or investing for the future, knowing the daily gold rate is essential. 

 

Prices fluctuate daily due to global market trends, currency movements, and demand. Even a slight difference in price can influence your purchase or investment. You need to check the gold rate regularly to make timely decisions, avoid overpaying, and ensure maximum value for your money. 

 

Stay informed, plan wisely, and invest with confidence.

Check out the gold price today in Sikkim for different weights below.

Gram	22 Carat Gold Rate Today	22 Carat Gold Rate Yesterday	Daily Price Change
1 Gram	₹9,250	₹9,250	₹0
10 Gram	₹92,500	₹92,500	₹0
100 Gram	₹925,000	₹925,000	₹0

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

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

Gold prices in Sikkim 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: ₹9,690 per gram
• 24-Karat Gold: ₹10,480 per gram

 

Gold Prices on 30th April 2025

• 22-Karat Gold: ₹10,070 per gram
• 24-Karat Gold: ₹10,890 per gram

 

Highest Gold Price in April 2025

The highest recorded price of gold during the month was on 26th April 2025:

• 22-Karat Gold: ₹10,140 per gram
• 24-Karat Gold: ₹10,960 per gram

 

Lowest Gold Price in April 2025

The lowest recorded price of gold during the month was on 6th April 2025:

• 22-Karat Gold: ₹9,650 per gram
• 24-Karat Gold: ₹10,440 per gram

 

Overall Performance

Gold prices in Sikkim showed a +3.92% increase in April 2025.

Gold prices in Sikkim 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: ₹9,420 per gram
• 24-Karat Gold: ₹10,210 per gram

 

Gold Prices on 31st March 2025

• 22-Karat Gold: ₹9,690 per gram
• 24-Karat Gold: ₹10,480 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: ₹9,720 per gram
• 24-Karat Gold: ₹10,520 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: ₹9,390 per gram
• 24-Karat Gold: ₹10,170 per gram

 

Overall Performance

Gold prices in Sikkim increased by +2.86% in March 2025.

Gold prices in Sikkim 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: ₹9,150 per gram
• 24-Karat Gold: ₹9,930 per gram

 

Gold Prices on 28 th February 2025

• 22-Karat Gold: ₹9,420 per gram
• 24-Karat Gold: ₹10,210 per gram

 

Highest Gold Price in February 2025

The highest recorded price of gold during the month was on 26th February 2025:

• 22-Karat Gold: ₹9,450 per gram
• 24-Karat Gold: ₹10,240  per gram

 

Lowest Gold Price in February 2025

The lowest recorded price of gold during the month was on 5th February 2025:

• 22-Karat Gold: ₹9,110 per gram
• 24-Karat Gold: ₹9,880 per gram

 

Overall Performance

Gold prices in Sikkim showed a +2.95% increase in February 2025.

When purchasing gold, it is important to consider several key factors to ensure a secure and well-informed investment. These include:

• Demand and Supply Dynamics

The equilibrium between gold's demand and supply significantly impacts its pricing. Limited availability combined with strong demand, particularly during uncertain periods, tends to elevate prices.

• Inflation Hedge

Gold is widely regarded as a reliable safeguard against inflation. As inflation rises and currency value declines, investors turn to gold to preserve their wealth, thereby increasing its demand and price.

• Interest Rate Influences

Gold prices and interest rates typically exhibit an inverse relationship. Lower interest rates enhance gold’s attractiveness, whereas higher rates may lead investors to prefer other financial instruments, reducing demand for gold.

• Cultural and Seasonal Trends

In Sikkim, gold demand intensifies during festivals and wedding seasons. These culturally significant periods, such as Diwali or the traditional marriage months, often cause temporary spikes in gold prices.

• Government Actions and Reserves

Decisions by the government, such as modifications to import duties or adjustments to gold reserves by the Reserve Bank of India, can influence both sentiment and availability, thereby affecting prices.

• US Dollar Value

Since gold is globally traded in US dollars, fluctuations in the dollar’s value directly affect domestic gold prices. A stronger dollar generally leads to lower gold prices, while a weaker dollar can result in price increases.

• Global Geopolitical Conditions

Events such as wars, economic disruptions, and international market instability elevate uncertainty. During such times, gold is viewed as a safe investment, which often contributes to a surge in its price.

When buying gold in Sikkim, the Goods and Services Tax (GST) has a direct impact on the final price. As per current regulations, a 3% GST is applied on the value of the gold—comprising 1.5% Central GST (CGST) and 1.5% State GST (SGST). 

 

This rate applies to all forms of gold, including jewellery, coins, and bars. In addition, a separate 5% GST on gold is levied on the making charges of gold jewellery. This combined tax structure increases the overall cost to buyers. 

 

It is, therefore, necessary to account for GST while calculating the total expenditure on gold purchases.

Gold loans are directly influenced by current gold prices. They offer a quick and reliable method to access funds for both planned and emergency needs by pledging your gold as collateral. When gold prices increase, the value of your gold rises. 

 

This enables you to borrow a higher loan amount against the same quantity of gold. A decline in gold prices leads to a reduced borrowing capacity, as the same gold secures a lower loan value. 

On Bajaj Markets, you can compare gold loan offers from multiple lenders and apply with minimal documentation. This ensures the process remains simple and fast.