🇮🇳 Gold Price in Mumbai Today
Current 22K and 24K gold rate in Mumbai, , India. Updated every 10 minutes.
22K Gold
₹11,591.50
per gram
per 10 grams: ₹115,915.02
per tola: ₹135,200.97
24K Gold
₹12,643.55
per gram
per 10 grams: ₹126,435.51
per tola: ₹147,471.85
Updated 7 minutes ago · Source: COMEX spot price
Gold price in Mumbai - All karats
| Karat | Per gram | per 10 grams | Per tola | Per troy oz | Per kg |
|---|---|---|---|---|---|
| 24K | ₹12,643.55 | ₹126,435.51 | ₹147,471.85 | ₹393,258.69 | ₹12,643,551.11 |
| 22K | ₹11,591.50 | ₹115,915.02 | ₹135,200.97 | ₹360,536.30 | ₹11,591,502.45 |
| 21K | ₹11,064.21 | ₹110,642.14 | ₹129,050.78 | ₹344,135.77 | ₹11,064,213.64 |
| 18K | ₹9,483.61 | ₹94,836.12 | ₹110,614.95 | ₹294,973.52 | ₹9,483,611.69 |
| 14K | ₹7,375.72 | ₹73,757.21 | ₹86,028.93 | ₹229,410.74 | ₹7,375,720.93 |
| 10K | ₹5,269.09 | ₹52,690.95 | ₹61,457.67 | ₹163,887.29 | ₹5,269,094.66 |
Gold price by quantity in Mumbai
| Quantity | 22K Gold | 24K Gold |
|---|---|---|
| 1g | ₹11,591.50 | ₹12,643.55 |
| 5g | ₹57,957.51 | ₹63,217.76 |
| 8g (common ring weight) | ₹92,732.02 | ₹101,148.41 |
| 10g (standard unit) | ₹115,915.02 | ₹126,435.51 |
| 50g | ₹579,575.12 | ₹632,177.56 |
| 100g | ₹1,159,150.24 | ₹1,264,355.11 |
| 1 kg | ₹11,591,502.45 | ₹12,643,551.11 |
| 1 tola | ₹135,200.97 | ₹147,471.85 |
| 5 tola | ₹676,004.83 | ₹737,359.26 |
| 10 tola | ₹1,352,009.66 | ₹1,474,718.51 |
Gold price in other cities in India
Market analysis by Priya Venkataraman·Senior Gold Markets Analyst·Last updated April 2026Gold market in Mumbai
Mumbai is one of India's premier gold trading destinations with a population of 20,411,000. The city is renowned for its gold market, attracting buyers from across the region and internationally.
Zaveri Bazaar in South Mumbai is one of India's oldest and largest gold markets.
Mumbai is the commercial hub of Maharashtra, serving as the primary gold market for the entire region. Buyers from neighboring cities often travel to Mumbai for better selection and competitive pricing.
At today's rates, 22K gold in Mumbai costs ₹11,591.50 per gram (₹115,915.02 per 10 grams, ₹135,200.97 per tola). 24K pure gold is priced at ₹12,643.55 per gram. These prices are derived from the international COMEX spot price and converted to INR at the current exchange rate.
When buying gold jewelry in Mumbai, the bill will include the gold price plus making charges (typically 8-25% depending on design complexity) and 3% GST on the combined amount. Always ask for BIS hallmarked jewelry to guarantee purity.
Tips for buying gold in Mumbai
- •Always verify the weight on a calibrated scale before paying
- •Ask for an itemized bill showing gold weight, karat, making charges, and tax separately
- •Compare making charges from at least 3 jewelers before buying
- •Check for BIS hallmark certification to ensure gold purity
- •Avoid buying during peak wedding or festival season when premiums are highest
- •Negotiate making charges — they are the most flexible part of the jewelry price
Gold price in Mumbai vs the national average
Gold prices in Mumbai track the national rate almost exactly. Because the metal price is set globally and converted into INR, the per-gram rate for 22K and 24K is the same in Mumbai as anywhere else in India — today around ₹11,591.50 for 22K and ₹12,643.55 for 24K. What actually varies from city to city, and shop to shop, is the making charge added to jewellery and small differences in dealer margin. So when people say gold is "cheaper" in one city, they usually mean lower making charges or stronger competition, not a different metal rate.
Where to buy gold in Mumbai
Buyers in Mumbai have plenty of choice. Across India, established gold markets such as Zaveri Bazaar (Mumbai), Dariba Kalan (Delhi), Karol Bagh (Delhi), T. Nagar (Chennai), Johari Bazaar (Jaipur) draw shoppers for their range and competitive pricing, while national names like Tanishq, Malabar Gold & Diamonds, Kalyan Jewellers, Joyalukkas, PC Jeweller offer certified purity and standardised rates. In Mumbai itself, favour shops that display BIS hallmarking with a 6-digit HUID, show live per-gram rates, and give a printed bill. Visiting two or three sellers before buying is worth the time: designs, weights and making charges vary, and a few minutes of comparison on a significant purchase can save a meaningful amount.
Making charges in Mumbai
Making charges — the fee for turning raw gold into a finished ornament — are where Mumbai prices really differ. Expect roughly 8–25% of the gold value, with plain bangles and coins at the low end and intricate, hand-crafted or stone-set designs at the high end. Some shops quote making as a percentage, others as a flat rate per gram; always ask which, and whether it is negotiable, because on detailed pieces there is often room to bargain. Lightweight machine-made jewellery usually carries lower charges than heavy traditional work.
How to verify gold purity in Mumbai
Whatever you buy in Mumbai, confirm the purity before you pay. Look for BIS hallmarking with a 6-digit HUID stamped on the piece, which certifies the karat independently, and ask for the karat and weight written on your bill. At smaller shops, simple checks help — genuine gold is non-magnetic and heavier than it looks — and for valuable purchases you can have the item assayed. Keeping the hallmarked bill also protects you when you resell or exchange, since reputable buyers pay closest to spot for certified, documented gold.
Frequently asked questions
What is the gold price in Mumbai today?▾
Today's 22K gold price in Mumbai is ₹11,591.50 per gram and 24K is ₹12,643.55 per gram. Per 10 grams, 22K costs ₹115,915.02. Prices update every 10 minutes.
Is gold cheaper in Mumbai than Delhi?▾
Gold prices in Mumbai and Delhi are largely the same since they're based on the international spot price. Differences of 0.5-1% may occur due to local jeweler margins. The real cost difference comes from making charges, which vary between jewelers, not between cities.
Where is the best place to buy gold in Mumbai?▾
The best places to buy gold in Mumbai: Zaveri Bazaar in South Mumbai is one of India's oldest and largest gold markets. Compare making charges from at least 3 stores for the best deal.
What is the 22K gold rate per gram in Mumbai?▾
The current 22K gold rate in Mumbai is ₹11,591.50 per gram. 22K gold is 91.67% pure. Per tola, the rate is ₹135,200.97.
Does the gold price change daily in Mumbai?▾
Yes, gold prices change multiple times daily based on the international spot market. The biggest movements happen during US and European trading hours. Our prices update every 10 minutes.
What is the making charge for gold in Mumbai?▾
Making charges in Mumbai typically run around 8–25% of the gold value, depending on the design. Plain items cost less to make than intricate ones, and the charge is often negotiable on detailed pieces — always ask for it to be itemised on your bill.
Which area is best to buy gold in Mumbai?▾
Buy from established, well-reviewed jewellers and markets that display BIS hallmarking with a 6-digit HUID and show live per-gram rates. Across India, areas such as Zaveri Bazaar (Mumbai), Dariba Kalan (Delhi), Karol Bagh (Delhi), T. Nagar (Chennai), Johari Bazaar (Jaipur) are known for choice and competition; in Mumbai, compare two or three trusted shops before committing.
Is hallmarked gold available in Mumbai?▾
Yes. Reputable jewellers in Mumbai sell BIS hallmarking with a 6-digit HUID gold, which certifies the stated karat. Always check for the hallmark stamp and insist on a printed bill recording the purity, weight and rate — it is your proof of value when you sell.
Estimated value
₹115,915.02
10g × 91.67% purity × ₹12,644.82/g