Gold Rate in Mumbai

Last Updated: 29th November 2022
  • 24 Carat Gold Rate (10 grams)
    ₹ 52,880 -100 (-0.19%)
  • 22 Carat Gold Rate (10 grams)
    ₹ 48,460 -100 (-0.19%)

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 ₹ 52,880 per 10 grams for 24 Carat and ₹ 48,460 for 22 Carat.

24 Carat Gold Rate in Mumbai Today

Digital Gold Price
Gram 24K Gold Price Daily Price Change
1 gram
₹ 5,288 - ₹ 10
8 grams
₹ 42,304 - ₹ 80
10 grams
₹ 52,880 - ₹ 100
100 grams
₹ 5,28,800 - ₹ 1,000

22 Carat Gold Rate in Mumbai Today

Gram 22K Gold Price Daily Price Change
1 gram
₹ 4,846 - ₹ 10
8 grams
₹ 38,768 - ₹ 80
10 grams
₹ 48,460 - ₹ 100
100 grams
₹ 4,84,600 - ₹ 1,000

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

Gold Rate in Mumbai for Last 15 Days

Date Pure Gold (24K) Standard Gold (22K) % Change
28 November 2022
₹ 52,980 ₹ 48,560 0%
27 November 2022
₹ 52,980 ₹ 48,560 +0.02%
26 November 2022
₹ 52,970 ₹ 48,550 0%
25 November 2022
₹ 52,970 ₹ 48,550 0%
24 November 2022
₹ 52,970 ₹ 48,550 +0.62%
23 November 2022
₹ 52,640 ₹ 48,250 -0.21%
22 November 2022
₹ 52,750 ₹ 48,350 -0.31%
21 November 2022
₹ 52,920 ₹ 48,500 -0.21%
20 November 2022
₹ 53,020 ₹ 48,600 0%
19 November 2022
₹ 53,020 ₹ 48,600 -0.31%
18 November 2022
₹ 53,180 ₹ 48,750 0%
17 November 2022
₹ 53,180 ₹ 48,750 +1.56%
16 November 2022
₹ 52,360 ₹ 48,000 +0.42%
15 November 2022
₹ 52,150 ₹ 47,800 -0.95%
14 November 2022
₹ 52,640 ₹ 48,260 0%

Historical Gold Rate in Mumbai

Gold Price Movement October 2022

Gold Rates 22 Carat 24 Carat
1st October rate ₹ 46,500 ₹ 50,730
31st October rate ₹ 46,600 ₹ 50,840
Highest rate in October ₹ 47,850 on 8th October 2022 ₹ 52,200 on 8th October 2022
Lowest rate in October ₹ 46,200 on 15th October 2022 ₹ 50,400 on 15th October 2022
Over all performance Rising Rising
% change +0.22% +0.22%

Gold Price Movement September 2022

Gold Rates 22 Carat 24 Carat
1st September rate ₹ 46,500 ₹ 50,730
30th September rate ₹ 46,650 ₹ 50,900
Highest rate in September ₹ 47,000 on 1st September 2022 ₹ 52,000 on 25th September 2022
Lowest rate in September ₹ 45,700 on 16th September 2022 ₹ 49,850 on 16th September 2022
Over all performance Rising Rising
% change +0.34% +0.34%

Gold Price Movement August 2022

Gold Rates 22 Carat 24 Carat
1st August rate ₹ 47,100 ₹ 51,380
31st August rate ₹ 47,000 ₹ 51,270
Highest rate in August ₹ 48,150 on 13th August 2022 ₹ 52,530 on 13th August 2022
Lowest rate in August ₹ 47,000 on 23rd August 2022 ₹ 51,230 on 23rd August 2022
Over all performance Falling Falling
% change -0.21% -0.21%
* 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.
Gold Rate Calculator
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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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