Gold Rate in Shimla

Gold Rate in Shimla today (04 Mar 2021) is ₹4,393

Gold rate in Shimla is ₹4,393. The mentioned gold rate is the 22 Carat gold rate in Shimla. We all know the 22 Carat gold rate is also known as the 916 kdm gold rate. You may be ask, Are there any other gold varieties in the market?. Yes, the gold is classified by its quality and more than five varieties available in the market. But only the first three varieties have the best attraction among the people that are 24 carat gold, 22 carat gold and 18 carat gold. Let's see their price, demand and how they calculated.

22 Carat Gold Rate in Shimla Per Gram (INR)

Titles 1 Gram 8 Grams 10 Grams
22 Carat Gold Rate In Shimla Today ₹4,393 ₹35,144 ₹43,930
22 Carat Gold Rate In Shimla Yesterday ₹4,365 ₹34,920 ₹43,650
Today's Price Change 28 224 280

24 Carat Gold Rate in Shimla Per Gram (INR)

Titles 1 Gram 8 Grams 10 Grams
24 Carat Gold Rate In Shimla Today ₹4,615 ₹36,920 ₹46,150
24 Carat Gold Rate In Shimla Yesterday ₹4,592 ₹36,736 ₹45,920
Today's Price Change 23 184 230

18 Carat Gold Rate in Shimla Per Gram (INR)

Titles 1 Gram 8 Grams 10 Grams
18 Carat Gold Rate In Shimla Today ₹3,489 ₹27,912 ₹34,890
18 Carat Gold Rate In Shimla Yesterday ₹3,476 ₹27,808 ₹34,760
Today's Price Change 13 104 130

916 KDM Hallmark Gold Rate in Shimla Per Gram (INR)

Titles 1 Gram 8 Grams 10 Grams
916 KDM Hallmark Gold Rate In Shimla Today ₹4,393 ₹35,144 ₹43,930
916 KDM Hallmark Gold Rate In Shimla Yesterday ₹4,365 ₹34,920 ₹43,650
Today's Price Change 28 224 280

Gold Rates in Other Cities

Gold Rate in Shimla For Last 14 Days (INR)

Dates 24 Ct/Grm 22 Ct/Grm 18 Ct/Grm
2021-03-04 ₹ 4,615 ₹ 4,393 ₹ 3,489
2021-03-03 ₹ 4,592 ₹ 4,365 ₹ 3,476
2021-03-02 ₹ 4,677 ₹ 4,453 ₹ 3,545
2021-03-01 ₹ 4,652 ₹ 4,436 ₹ 3,538
2021-02-28 ₹ 4,691 ₹ 4,466 ₹ 3,555
2021-02-27 ₹ 4,691 ₹ 4,466 ₹ 3,555
2021-02-26 ₹ 4,720 ₹ 4,490 ₹ 3,565
2021-02-25 ₹ 4,765 ₹ 4,520 ₹ 3,589
2021-02-24 ₹ 4,752 ₹ 4,497 ₹ 3,589
2021-02-23 ₹ 4,743 ₹ 4,475 ₹ 3,582
2021-02-22 ₹ 4,753 ₹ 4,478 ₹ 3,593
2021-02-21 ₹ 4,740 ₹ 4,462 ₹ 3,585
2021-02-20 ₹ 4,740 ₹ 4,462 ₹ 3,585
2021-02-19 ₹ 4,791 ₹ 4,560 ₹ 3,622

Check Silver Rate in Shimla

Some Interesting Facts Of Gold

  • Only 30% of gold sold in India hallmarked. The experts have noticed that the difference in purity of gold and average carat ranges from 10 to 15%.
  • Jewelers Association in the city decides the gold rate and Shimla is no exception. Based on the daily gold rate calculated by the Indian Bullion and Jewellers Association (IBJA), the jewelers decide whether or not to give a discount depending on the demand and headroom they have.
  • It is one of the most liquid commodities and gold held by all major institutions including the Central Bank keeps circulating in the economy.
  • Price determined by stock equilibrium instead of flow equilibrium.
  • Factors influencing the price of gold are different from those affecting other financial assets.
  • China is the world’s largest gold producer at more than 3.61 tons, followed by South Africa.
  • More than 2/3rd of the gold that we get comes from South Africa.
  • There is nothing most malleable and ductile than gold and believe it or not. you can create a sheet of around 100 square feet by beating an ounce of gold.
  • When it comes to conducting electricity, gold is an excellent conductor. So be aware of your gold chain. It might give you a shock if you don’t take enough precaution.
  • The largest consumer of gold in India. No doubt you see Indian women loving gold, but these days times are changing so they need more diamonds than gold!
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Frequently Asked Questions Questions

What is the gold price in Shimla?

Today's Gold rate in Shimla is ₹4,393. The given gold rate is 22 Carat. We know that 22 carat's another name is 916 KDM hallmark gold.

What is the 24 Carat gold price in Shimla?

24 carat gold rate in Shimla is ₹4,615. 24 Carat gold is the pure gold.

What is the gold price in Shimla for 916 KDM hallmark?

Today's 916 KDM hallmark gold rate in Shimla is ₹4,393.

Which country has cheapest gold?

Hong Kong is the country who is selling the gold at cheapest price.

Is gold price same all over India?

No, The gold price is different from state to state. Import cost and taxes determine the gold price in each state. So the gold price differs from state to state.

Disclaimer:

The given gold prices makes no guarantee or warranty on the accuracy or completeness of the data provided on this site. The information contained here is not intended as investment advice or otherwise. This website represents our views and nothing more than that.

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