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Gold Rate in Shujalpur Today

Shujalpur, Shajapur, Madhya Pradesh

Updated Today

Shujalpur Gold Rates

Today's prices · 16 May 2026

22K Gold (916) ↓ ₹0
₹13,637.92
per gram
10 grams ₹136,379
100 grams ₹1,363,792
Yesterday ₹13,779.52
24K Gold (999)
₹14,888.58
per gram
10 grams ₹148,886
100 grams ₹1,488,858
Yesterday ₹15,043.08
18K Gold (750)
₹11,177.63
per gram
10 grams ₹111,776
Silver (999)
₹236.54
per gram
100 grams ₹23,654

Gold Rate by Weight in Shujalpur

Today · 16 May 2026

Weight 24K (999) 22K ★ (916) 18K (750)
1 gram ₹14,889 ₹13,638 ₹11,178
2 grams ₹29,777 ₹27,276 ₹22,355
4 grams ₹59,554 ₹54,552 ₹44,711
5 grams ₹74,443 ₹68,190 ₹55,888
8 grams ₹119,109 ₹109,103 ₹89,421
10 grams ₹148,886 ₹136,379 ₹111,776
1 Tola (11.664 g) ₹173,657 ₹159,070 ₹130,374
20 grams ₹297,772 ₹272,758 ₹223,553
50 grams ₹744,429 ₹681,896 ₹558,882
1 Troy oz (31.1 g) ₹463,087 ₹424,187 ₹347,663
100 grams ₹1,488,858 ₹1,363,792 ₹1,117,763
1 kg ₹14,888,580 ₹13,637,920 ₹11,177,630
★ 22K (916 Hallmark) is the standard for jewellery in India. Prices are metal value only — making charges, GST (3%), and hallmarking fee are additional.

Gold Price Calculator — Shujalpur

Calculate gold value by weight at today's local rate

₹
Estimated Gold Value

* Metal value only. Add making charges (₹200–₹800/g), 3% GST, and hallmarking fee for total purchase cost.

10-Day Gold Rate History — Shujalpur

22K & 24K daily rates

Date 24K / gram 22K / gram 22K / 10g
29 Apr 2026 Today ₹14,888.58 ₹13,637.92 ₹136,379
11 Apr 2026 ₹15,043.08 ₹13,779.52 ₹137,795
06 Apr 2026 ₹14,672.75 ₹13,440.26 ₹134,403
08 Mar 2026 ₹15,875.10 ₹14,541.60 ₹145,416
07 Mar 2026 ₹15,875.10 ₹14,541.60 ₹145,416
06 Mar 2026 ₹15,875.10 ₹14,541.60 ₹145,416
05 Mar 2026 ₹16,058.60 ₹14,709.70 ₹147,097
04 Mar 2026 ₹16,254.80 ₹14,889.40 ₹148,894
03 Mar 2026 ₹16,747.10 ₹15,340.30 ₹153,403
02 Mar 2026 ₹16,747.10 ₹15,340.30 ₹153,403

Monthly Gold Rate Summary — Shujalpur

22K highest and lowest price each month

Apr 2026
High
₹13,780
Low
₹13,440
Mar 2026
High
₹15,340
Low
₹14,542
Feb 2026
High
₹14,587
Low
₹13,621

30-Day Gold Price Trend

22K gold rate movement in Shujalpur

Jewellers in Shujalpur

2 verified jewellers

Chhotmal Ganpatisingh Saraf

Chhotmal Ganpatisingh Saraf

Vinod Kumar Nemichand Jain Saraf

Vinod Kumar Nemichand Jain Saraf

About Gold Rate in Shujalpur

Gold rate in Shujalpur, Shajapur, Madhya Pradesh today is ₹13,637.92 per gram for 22K (916 Hallmark) gold and ₹14,888.58 per gram for 24K (999) gold. These rates are updated daily based on the official IBJA (India Bullion and Jewellers Association) rate, adjusted for local market conditions in Shujalpur.

The price of gold in Shujalpur may vary slightly from the national IBJA rate due to transportation costs from the nearest wholesale gold hub, local taxes, and jeweller margins. The actual price you pay at a jewellery store will be higher — jewellers add making charges (typically ₹200–₹800 per gram), 3% GST on the total, and a hallmarking fee of ₹45 per piece.

22K gold (916 hallmark) is the most popular choice for jewellery purchases in India including Shujalpur because it is durable and affordable. 24K gold (999 purity) is preferred for investment in coins and bars as it has no alloy content. 18K gold is used for lightweight, modern jewellery designs.

There are currently 2 jewellers listed in Shujalpur on JewellersInCity. Use the listings above to compare prices, read reviews, and find the best jeweller near you.

Frequently Asked Questions

Gold rate in Shujalpur — common queries answered

Today's gold rate in Shujalpur, Shajapur is ₹13,637.92/gram for 22K (916 Hallmark) and ₹14,888.58/gram for 24K (999 purity). These rates are as of 16 May 2026.
10 grams of 22K gold in Shujalpur costs ₹136,379 today. 10 grams of 24K gold costs ₹148,886. Note: actual purchase price will include making charges and 3% GST.
1 Tola equals 11.664 grams. At today's rate, 1 Tola of 22K gold in Shujalpur costs ₹159,070 and 1 Tola of 24K gold costs ₹173,657.
1 Sovereign equals 8 grams. Today's price for 1 sovereign of 22K gold in Shujalpur is ₹109,103.
The IBJA (India Bullion and Jewellers Association) publishes a national benchmark rate. Local rates in Shujalpur vary by ₹1–₹15 per gram due to transportation costs from the nearest wholesale gold market, local demand, and supply chain logistics. Cities near wholesale hubs like Mumbai, Delhi, or Ahmedabad tend to have rates closer to the national benchmark.
22K gold (916 hallmark) is ideal for jewellery as it is more durable due to alloy content, and is the most common purity in Indian jewellery stores. 24K gold (999) is best for investment — coins and bars — because it has no alloy and retains value better. For daily-wear jewellery, 22K is the practical choice.
100 grams of 22K gold in Shujalpur costs ₹1,363,792 today. 100 grams of 24K gold costs ₹1,488,858. These are metal values only; buying cost will be higher.
The gold rate across Shajapur district follows the same base IBJA rate with minor tehsil-level adjustments. For the exact Shajapur district rate, visit the Shajapur gold rate page. Shujalpur is one of the tehsils within Shajapur district.

Shujalpur Stats

2
Total Jewellers

Today vs Yesterday

22K Today ₹13,637.92
22K Yesterday ₹13,779.52
Change ₹-141.60

Nearby Tehsils

Avantipur Barodia
Gulana
Kalapipal
Moman Badodiya
Polaykala

Navigate

Shajapur
All Tehsils
Madhya Pradesh
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National Rate
India IBJA Rate
Disclaimer

Rates shown are indicative. Actual prices include making charges, GST and vary by jeweller.

Shujalpur vs National Gold Rate Today

How the local rate is built up from the IBJA benchmark

Shujalpur
₹13,638
per gram · 22K
Adjusted
Shajapur Dist.
—
per gram · 22K
Madhya Pradesh
—
per gram · 22K
India (IBJA)
₹14,492
per gram · 22K
Shujalpur: ₹854
Nearest gold hub: Jaipur (403 km)
Location premium: +₹9.52/g vs IBJA

Gold Rate FAQ — Shujalpur

Common questions about gold pricing in Shujalpur

What is today's gold rate in Shujalpur?
Today's 22K (916 hallmark) gold rate in Shujalpur is ₹13,638 per gram. The 24K (999 purity) rate is ₹14,889/gram and 18K (750) is ₹11,178/gram. This rate is computed from the IBJA national benchmark adjusted for Shujalpur's distance from Jaipur (403 km).
Why does gold cost less in Shujalpur than the national rate?
Gold is physically transported from major bullion hubs (Mumbai, Delhi, Chennai, Kolkata, Ahmedabad, Hyderabad, Jaipur, Surat) to retail outlets across India. Shujalpur is 403 km from the nearest hub (Jaipur), so jewellers add a small location premium to cover transport, insurance, and local handling. The current location premium for Shujalpur is +₹9.52 per gram over the IBJA benchmark. State-level taxes and association-set retail prices also create small variations between cities.
When is the best time to buy gold in Shujalpur?
Two strategies — astrological and economic — guide gold buying in India. Astrologically, the next auspicious muhurat for Shujalpur is Akshaya Tritiya on Sunday, 9 May 2027 (357 days away), with the local window between 05:50 – 13:11. Economically, IBJA publishes rates twice daily (AM and PM) — afternoon rates often differ from morning by ₹20–₹100/g. Avoid buying during festival peaks (Akshaya Tritiya, Dhanteras) when rates spike from demand. Gold tends to soften in March-April after wedding season ends and again in September before Navratri starts.
What are the GST and other taxes on gold in Shujalpur?
Two GST components apply to every gold jewellery purchase across India, including Shujalpur: 3% GST on the gold value (weight × today's rate) and 5% GST on the making charges. A typical 10-gram 22K piece at today's rate of ₹13,638/g works out to: gold ₹136,379 + making charges (typically 10–16% in Madhya Pradesh) + 3% GST on gold + 5% GST on making. Since June 2021, hallmarking adds no extra cost — every BIS-certified piece must include the HUID stamp at no charge. Always insist on a GST-compliant tax invoice; without one, the purchase isn't legally protected and resale value drops.
How often do gold rates change in Shujalpur?
The India Bullion and Jewellers Association (IBJA) publishes official benchmark rates twice every working day — once in the morning and once in the afternoon. Most jewellers in Shujalpur update their counter rates with the AM IBJA rate and hold it through the day. International gold prices in London or Comex can shift the IBJA AM-vs-PM by ₹50–₹200 per gram on volatile days. On weekends and bank holidays no fresh rate is published, so Friday's evening rate carries through to Monday morning. For Shujalpur, the local rate also includes the location premium of +₹9.52/g — this stays stable for weeks unless the nearest hub's transport costs change.

Rate Tools — Shujalpur

Calculate, verify and convert gold values

Today's All-In Price (per 10g)

Final out-of-pocket price for 10 grams in Shujalpur including local making charges and GST:

Gold (22K, 10g) ₹136,379
Making @ 12% ₹16,366
GST (3% gold + 5% making) ₹4,910
Final price ₹157,654

Estimate only — your jeweller's actual making rate may differ. Always ask for an itemised bill.

Old Gold Exchange Rate

Today's likely buy-back rate per gram at Shujalpur jewellers (before wastage and assay deductions):

22K (916) hallmarked ~₹13,092/g
18K (750) hallmarked ~₹10,723/g
14K (585) hallmarked ~₹8,366/g

Formula: today's 22K × purity factor × (1 − wastage). Most Shujalpur jewellers deduct 2–8% as wastage. Non-hallmarked gold gets assayed first, often reducing the rate further.

HUID Verification

Every gold piece sold in Shujalpur after June 2021 must carry a six-digit HUID. To verify any bill or piece:

  1. Download BIS Care app (Play Store / App Store, free)
  2. Tap "Verify HUID" inside the app
  3. Enter the six-digit code stamped on your jewellery
  4. Match jeweller name + purity + hallmarking date with your bill

If the BIS Care result differs from the jeweller you bought from, refuse the piece and report to BIS at 1800-11-4000.

About Shujalpur

Shajapur, Madhya Pradesh

Shujalpur is a tehsil in Shajapur district, Madhya Pradesh. The nearest major gold trading hub is Jaipur, approximately 403 km away, which results in local gold rates running about ₹9.52/g above the IBJA national benchmark. Shujalpur uses STD code 03522.

STD Code
03522
Nearest Gold Hub
Jaipur · 403 km
Coordinates
23.3882°N, 76.7163°E
Gold Price Adjustment
+₹9.52/gram vs national

Upcoming Gold-Buying Muhurats — Shujalpur

Auspicious dates with local timing (-23 min vs IST)

Akshaya Tritiya

357 days away

Sunday, 9 May 2027

The single most auspicious day of the Hindu calendar to buy gold. Wealth purchased today is believed to grow continuously.

Shujalpur window
05:50 – 13:11
IST: 06:14 – 13:35 IST

Akshaya Tritiya

711 days away

Thursday, 27 April 2028

The single most auspicious day of the Hindu calendar to buy gold. Wealth purchased today is believed to grow continuously.

Shujalpur window
05:30 – 12:00
IST: 05:54 – 12:24 IST

Dhanteras

175 days away

Saturday, 7 November 2026

The first day of Diwali — when buying gold, silver and utensils invokes Goddess Lakshmi's blessings. Largest single-day gold buying event in India.

Shujalpur window
17:05 – 19:00
IST: 17:29 – 19:24 IST
Why timings differ from IST: Vedic muhurats are computed from local sunrise — so Shujalpur's longitude shifts the auspicious window by roughly 23 minutes from the standard IST muhurat. Shujalpur jewellers traditionally honour these local windows during festival sales.

Madhya Pradesh Jewellery Market

State-level buying context for Shujalpur shoppers

Tradition & Style

MP is known for tribal silver jewellery alongside mainstream gold. Indore is the state's commercial gold hub.

Typical Making Charges

10–16%

of gold value in Madhya Pradesh

Preferred Purity

22K hallmark

Peak Buying Seasons

Diwali, Dhanteras, wedding season (Nov–Feb)

Major Gold Markets in Madhya Pradesh

Delhi Indore Bhopal Gwalior

BIS adoption: Moderate — major cities have good BIS penetration.