Gold Rate in Mumbai

Last Updated: 17th March 2024
  • 24 Carat Gold Rate (10 grams)
    ₹ 63,820 -270 (-0.42%)
  • 22 Carat Gold Rate (10 grams)
    ₹ 58,500 -270 (-0.42%)

Mumbai, the City of Dreams, is also an important trade hub of India. This land boasts of shops as old as 300 years, dealing in gold and gold trade. Like elsewhere, the gold price fluctuates here depending upon several domestic as well as global factors. Mumbaikars invest lavishly in gold bars, coins, jewellery, ingots, exchanges, etc. Today Gold rate in Mumbai is ₹ 63,820 per 10 grams for 24 Carat and ₹ 58,500 for 22 Carat.

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24 Carat Gold Rate in Mumbai Today

Digital Gold Price
Gram 24K Gold Price Daily Price Change
1 gram
₹ 6,382 - ₹ 27
8 grams
₹ 51,056 - ₹ 216
10 grams
₹ 63,820 - ₹ 270
100 grams
₹ 6,38,200 - ₹ 2,700

22 Carat Gold Rate in Mumbai Today

Gram 22K Gold Price Daily Price Change
1 gram
₹ 5,850 - ₹ 25
8 grams
₹ 46,800 - ₹ 200
10 grams
₹ 58,500 - ₹ 250
100 grams
₹ 5,85,000 - ₹ 2,500

Gold Rate Comparison (24K vs 22K) in Mumbai

Gold Rate in Mumbai for Last 15 Days

Date Pure Gold (24K) Standard Gold (22K) % Change
03 January 2024
₹ 63,820 ₹ 58,500 -0.43%
02 January 2024
₹ 64,090 ₹ 58,750 +0.34%
01 January 2024
₹ 63,870 ₹ 58,550 0%
31 December 2023
₹ 63,870 ₹ 58,550 0%
30 December 2023
₹ 63,870 ₹ 58,550 0%
29 December 2023
₹ 63,870 ₹ 58,550 -0.59%
28 December 2023
₹ 64,250 ₹ 58,900 +0.68%
27 December 2023
₹ 63,820 ₹ 58,500 +0.17%
26 December 2023
₹ 63,710 ₹ 58,400 +0.34%
25 December 2023
₹ 63,490 ₹ 58,200 0%
24 December 2023
₹ 63,490 ₹ 58,200 0%
23 December 2023
₹ 63,490 ₹ 58,200 +0.34%
22 December 2023
₹ 63,230 ₹ 58,000 +0.43%
21 December 2023
₹ 63,000 ₹ 57,750 0%
20 December 2023
₹ 63,000 ₹ 57,750 0%

Historical Gold Rate in Mumbai

Gold Price Movement February 2024

Gold Rates 22 Carat 24 Carat
1st February rate ₹ 763
29th February rate ₹ 742
Highest rate in February ₹ on 1st January 1970 ₹ 765 on 1st February 2024
Lowest rate in February ₹ on 1st January 1970 ₹ on 4th February 2024
Over all performance Falling Falling
% change -2.75% -2.75%

Gold Price Movement January 2024

Gold Rates 22 Carat 24 Carat
1st January rate ₹ 786
31st January rate ₹ 765
Highest rate in January ₹ 58,750 on 2nd January 2024 ₹ 64,090 on 2nd January 2024
Lowest rate in January ₹ 58,500 on 3rd January 2024 ₹ on 4th January 2024
Over all performance Falling Falling
% change -2.67% -2.67%

Gold Price Movement December 2023

Gold Rates 22 Carat 24 Carat
1st December rate ₹ 795
31st December rate ₹ 786
Highest rate in December ₹ 58,900 on 28th December 2023 ₹ 64,250 on 28th December 2023
Lowest rate in December ₹ 56,650 on 13th December 2023 ₹ on 9th December 2023
Over all performance Falling Falling
% change -1.13% -1.13%
* Gold rates are reflective of market trends and interest rates. They do not include GST, TCS and other levies. For the latest and exact prices contact your local jeweller. Making charges may apply.
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About Gold Rate in Mumbai

Here, the prices of gold fluctuate majorly in congruence with the international market trends. Global trade policies and gold prices are other important determinants.

Like elsewhere, the domestic factors include interest rate trends, state taxes, octroi, local bullion associations’ policies, festive calendar, and monsoon harvest.

Rural demand is another important market factor that dictates the prices. It usually shoots up during festivals such as Akshay Tritaya and wedding seasons.

This city also traditionally passes on gold as a family heirloom to future generations, in the form of jewels and ornaments. Mumbaikars also lavishly invest in gold coins, bars, and ingots.

Although, investments in gold as a commodity top the charts, this industrial haven has not forgotten digital gold.

People have been investing in digital gold tools such as ETFs, gold sovereign bonds, and gold futures, more than ever. In fact, it serves as one of the major domestic markets in India for the same.

It is popularly traded on exchanges such as National Commodity and Derivatives Exchange (NCDEX), Multi Commodity Exchange (MCX) and National Spot Exchange (NSEL).

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