What Affects the Price of Gold in Mumbai?

Several interrelated factors affect gold prices. Knowing these will be helpful in explaining the reason behind the fluctuating rates.

Why is the price of gold jewellery more than the price of market gold?

The market price of gold refers to the price of the metal alone. The price of gold jewellery also takes into account other factors such as making charges and GST.

Is it better to buy gold in 22K or 24K form for jewellery?

It is usually better to purchase gold in 22K form for use in jewellery since it is more durable, whereas 24K gold is purchased for coins and bars because of the high purity levels.

How can I know that the gold being sold is pure?

It is recommended that buyers look for BIS hallmarks and check the purity stamps as well as ask for an invoice.

Does the Gold Rate in Mumbai remain the same across all jewellers?

The base market rate is usually similar, but the final price may vary because making charges, design costs, and pricing policies differ from one jeweller to another.

Is it necessary to track daily gold prices before buying?

Tracking the gold price in Mumbai can help buyers understand market trends and plan their purchases effectively. However, the decision should also consider the purpose of the purchase, overall budget, and additional charges beyond the daily gold rate.

Gold Price in Mumbai

24K Gold / 10gm

As on 20 August, 2026

₹1,54,970

-920 (-0.59%)

22K Gold / 10gm

As on 20 August, 2026

₹1,42,050

-850 (-0.59%)

Invest in Gold ETFs Trade in MCX Gold

Gold price in Mumbai today is ₹15,497 per gram for 24 karat, ₹14,205 per gram for 22 karat, and ₹10,305 per gram for 18 karat.

Compared to yesterday, 22K gold has dropped by ₹850, 24K gold is down by ₹920, and 18K gold has dropped by ₹690.

Mumbai is more than India's financial capital; it is also one of the country's largest gold markets. From Zaveri Bazaar's longstanding jewellery trade to modern retail showrooms across the city, gold remains an integral part of both personal purchases and financial planning. Whether someone is buying jewellery for a celebration or considering gold as part of a diversified portfolio, keeping track of the Gold Rate in Mumbai Today is often the first step.

Today 24 Carat Gold Rate In Mumbai (INR)

Gram	24 Carat Gold Today (₹)	24 Carat Gold Yesterday (₹)	Daily Price Change (₹)
1 gram	15,497	15,589	-92
8 gram	1,23,976	1,24,712	-736
10 gram	1,54,970	1,55,890	-920
100 gram	15,49,700	15,58,900	-9,200
1 Kg	1,54,97,000	1,55,89,000	-92,000

Today 22 Carat Gold Rate In Mumbai (INR)

Gram	22 Carat Gold Today (₹)	22 Carat Gold Yesterday (₹)	Daily Price Change (₹)
1 gram	14,205	14,290	-85
8 gram	1,13,640	1,14,320	-680
10 gram	1,42,050	1,42,900	-850
100 gram	14,20,500	14,29,000	-8,500
1 Kg	1,42,05,000	1,42,90,000	-85,000

Silver Rate Today Platinum Rate Today

Free Tool

Use Gold Rate Calculator

Calculate the exact value of your gold instantly

Calculate Now

Indian Major Cities Gold Rates Today (10g)

City	24 Carat Gold Today	22 Carat Gold Today
Ahmedabad	1,55,020	1,42,100
Bangalore	1,54,970	1,42,050
Chennai	1,54,970	1,42,050
Coimbatore	1,54,970	1,42,050
Delhi	1,55,120	1,42,200
Hyderabad	1,54,970	1,42,050
Kerala	1,54,970	1,42,050
Kolkata	1,54,970	1,42,050
Mumbai	1,54,970	1,42,050
Pune	1,54,970	1,42,050
Vijayawada	1,54,970	1,42,050

Start Investing in Gold Funds

+91

By proceeding, you agree to the T&C.

+91

By proceeding, you agree to all T&C*

Didn't receive the code? Resend