The Bombay gold market is one of the oldest and most trusted gold trading centers in India. Located mainly around Zaveri Bazaar, it plays a key role in determining daily gold prices in Mumbai and often influences rates in other parts of the country. The gold rate in Mumbai today is closely watched by jewellery buyers, investors, and traders, as prices in the city usually reflect both international gold trends and strong local demand.
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Gold prices in Mumbai change daily based on global bullion rates, USD to INR exchange movements, import duties, and market demand in major jewellery hubs such as Zaveri Bazaar. Checking the latest gold price in Mumbai helps buyers make timely and informed decisions, whether they are purchasing jewellery or investing in physical gold.
The above gold price cards shows the current gold rate in mumbai for multiple purity levels, including 24 carat, 22 carat, and 18 carat gold, in commonly used units such as per gram, 10 grams, tola, and kilogram.
Gold Price Calculator – Mumbai
Use this gold price calculator to instantly calculate the total value of gold based on purity, weight, and today’s Mumbai gold rate. This tool is useful for estimating jewellery costs, investment value, or resale price before visiting a local jeweller. Use our Gold Price Calculator India to calculate the exact value of gold based on weight and purity.
2day Gold Rate in Mumbai – Purity Wise Table
| Purity | 1 Gram | 10 Gram | 1 Tola | 1 Kg |
|---|---|---|---|---|
| 24K | ₹15,578.00 | ₹155,780.00 | ₹181,698.74 | ₹15,578,000.00 |
| 22K | ₹14,279.83 | ₹142,798.33 | ₹166,557.17 | ₹14,279,833.33 |
| 21K | ₹13,630.75 | ₹136,307.50 | ₹158,986.39 | ₹13,630,750.00 |
| 18K | ₹11,683.50 | ₹116,835.00 | ₹136,274.05 | ₹11,683,500.00 |
The gold market in Mumbai is highly active due to the city’s large jewellery industry and investment demand. This table displays the latest gold price in Mumbai across different purities and weight units. Prices may vary slightly between jewellery shops depending on making charges and local market conditions, but the rates shown here reflect the current market benchmark. Muslim gold owners can estimate Zakat easily with our Gold Zakat Calculator.
Gold Price Chart in Mumbai, India
The gold price chart above shows recent gold price movements in Mumbai. Tracking historical price trends helps buyers and investors understand whether gold prices are rising, stable, or experiencing short-term fluctuations.
Gold Purities and Their Percentage
Gold purity is measured in carats (K), which indicates how much pure gold is present in an alloy. Below are the most commonly used gold purities and their gold content percentage:
- 24K Gold (99.9%) – Pure gold with the highest gold content, mainly used for investment and bullion purposes.
- 22K Gold (91.6%) – Also known as 916 gold, widely used for jewellery in India.
- 21K Gold (87.5%) – Contains slightly less gold than 22K and is sometimes used in special jewellery designs.
- 18K Gold (75%) – Popular for modern and designer jewellery due to its strength and durability.
- 14K Gold (58.5%) – Commonly used for lightweight and everyday-wear jewellery because of its hardness.
What Affects Gold Price in Mumbai?
The cost of gold in Mumbai today depends on several factors, including international gold prices, the USD to INR exchange rate, import duties, and local market demand. Gold rates may vary slightly between jewellers due to making charges, but the base gold price usually remains consistent across the city. Checking the daily gold rate helps buyers make informed decisions before purchasing gold.
Because Mumbai is a major bullion trading center, price movements in the city often set the tone for gold rates across other Indian cities.
Mumbai Gold Rate vs Other Cities
Gold prices in Mumbai are generally very close to national average rates, with small variations compared to cities like Delhi, Chennai, Bangalore, and Kolkata. These differences are usually due to transportation costs, local demand, and city-specific adjustments. For national gold prices and comparisons across major cities, visit our Gold Price in India homepage.
Should You Buy Gold in Mumbai Today?
Whether it is a good time to buy gold depends on your purpose:
- Jewellery buyers may focus on local price stability and making charges
- Investors often track price trends and long-term performance