Gold Rate in Mumbai
| Spot Price | ₹1,48,241▲ +0.50%+₹741 24K (999) per 10g |
| Exchanges | 🇮🇳 MCX ₹1,48,101 🇺🇸 COMEX ₹1,40,728 🇬🇧 LBMA ₹1,39,612 🇨🇳 SGE ₹1,40,532 |
Gold Rate by Weight & Purity
| Weight | 24K(999) | 24K(995) | 22K(916) |
|---|---|---|---|
| 1g | ₹14,824 | ₹14,765 | ₹13,592 |
| 8g | ₹1,18,593 | ₹1,18,118 | ₹1,08,740 |
| 10gSTD | ₹1,48,241 | ₹1,47,647 | ₹1,35,925 |
| 1 Tola | ₹1,72,849 | ₹1,72,157 | ₹1,58,488 |
| 100g | ₹14,82,410 | ₹14,76,474 | ₹13,59,247 |
| Weight | 18K(750) | 12K(500) | 9K(375) |
|---|---|---|---|
| 1g | ₹11,129 | ₹7,419 | ₹5,565 |
| 8g | ₹89,034 | ₹59,356 | ₹44,517 |
| 10gSTD | ₹1,11,292 | ₹74,195 | ₹55,646 |
| 1 Tola | ₹1,29,767 | ₹86,511 | ₹64,883 |
| 100g | ₹11,12,920 | ₹7,41,947 | ₹5,56,460 |
By weight & purity · 999 purity · Excl. GST (3%) & making charges
Today's gold price in Mumbai on 4 April 2026 stands at ₹14,824 per gram for 24 karat gold (99.9% purity), ₹13,592 per gram for 22 karat gold (91.6% purity), and ₹11,129 per gram for 18 karat gold (75% purity). The standard 10-gram rate is ₹1,48,241 for 24K and ₹1,35,925 for 22K gold. Gold rates in Mumbai are derived from MCX gold futures and bullion dealer spot prices, updated throughout the day.
Gold Rate in Mumbai
| Spot Price | ₹1,48,241▲ +0.50%+₹741 24K (999) per 10g |
| Exchanges | 🇮🇳 MCX ₹1,48,101 🇺🇸 COMEX ₹1,40,728 🇬🇧 LBMA ₹1,39,612 🇨🇳 SGE ₹1,40,532 |
Gold Rate by Weight & Purity
| Weight | 24K(999) | 24K(995) | 22K(916) |
|---|---|---|---|
| 1g | ₹14,824 | ₹14,765 | ₹13,592 |
| 8g | ₹1,18,593 | ₹1,18,118 | ₹1,08,740 |
| 10gSTD | ₹1,48,241 | ₹1,47,647 | ₹1,35,925 |
| 1 Tola | ₹1,72,849 | ₹1,72,157 | ₹1,58,488 |
| 100g | ₹14,82,410 | ₹14,76,474 | ₹13,59,247 |
| Weight | 18K(750) | 12K(500) | 9K(375) |
|---|---|---|---|
| 1g | ₹11,129 | ₹7,419 | ₹5,565 |
| 8g | ₹89,034 | ₹59,356 | ₹44,517 |
| 10gSTD | ₹1,11,292 | ₹74,195 | ₹55,646 |
| 1 Tola | ₹1,29,767 | ₹86,511 | ₹64,883 |
| 100g | ₹11,12,920 | ₹7,41,947 | ₹5,56,460 |
By weight & purity · 999 purity · Excl. GST (3%) & making charges
Today's gold price in Mumbai on 4 April 2026 stands at ₹14,824 per gram for 24 karat gold (99.9% purity), ₹13,592 per gram for 22 karat gold (91.6% purity), and ₹11,129 per gram for 18 karat gold (75% purity).
Gold Market — Mumbai
Mumbai serves as the financial hub of India's gold trade, processing immense volumes of imported bullion before distributing it to regional manufacturing centres. The city's gold market revolves around the historic Zaveri Bazaar and Bhuleshwar, housing thousands of wholesale dealers and independent artisans. Mumbai benefits from robust, localised BIS-licensed refining infrastructure, heavily concentrated in the surrounding industrial belts, including National India Bullion Refinery (Kanjurmarg) and Prince Hallmarking (Sewree). Silver consumption is split between heavy industrial usage in the Thane-Belapur belt and traditional domestic demand for pooja utensils and rural anklets. MCX (Multi Commodity Exchange), where gold futures are traded, is also based in Mumbai, making it the undisputed centre of India's precious metals pricing.
Regional Styles: Traditional Maharashtrian bridal sets prominently feature the Kolhapuri Saaj (a necklace with 21 distinct leaf pendants), the Thushi (a tightly woven gold choker), and the Vajratik.
Local Jewellers: Waman Hari Pethe (Dadar), Chintamanis (Prabhadevi), Popley & Sons (Bandra), Danabhai Jewellers (Santacruz), Tribhovandas Bhimji Zaveri (Zaveri Bazaar)
Buying Tips
- Zaveri Bazaar offers benchmark wholesale rates but demands strict HUID verification.
- Avoid tourist markups in upscale Bandra boutiques by standardising making charges.
- Bargaining on making charges (15-20%) is industry standard.
Did You Know?
- Zaveri Bazaar handles transactions frequently estimated at hundreds of crores daily.
- Mumbai is the primary delivery centre for MCX bullion futures.
- The city houses India's Government Mint, a critical node in sovereign bullion production.
Gold Market — Mumbai
Mumbai serves as the financial hub of India's gold trade, processing immense volumes of imported bullion before distributing it to regional manufacturing centres. The city's gold market revolves around the historic Zaveri Bazaar and Bhuleshwar, housing thousands of wholesale dealers and independent artisans. Mumbai benefits from robust, localised BIS-licensed refining infrastructure, heavily concentrated in the surrounding industrial belts, including National India Bullion Refinery (Kanjurmarg) and Prince Hallmarking (Sewree). Silver consumption is split between heavy industrial usage in the Thane-Belapur belt and traditional domestic demand for pooja utensils and rural anklets. MCX (Multi Commodity Exchange), where gold futures are traded, is also based in Mumbai, making it the undisputed centre of India's precious metals pricing.
Regional Jewellery Styles: Traditional Maharashtrian bridal sets prominently feature the Kolhapuri Saaj (a necklace with 21 distinct leaf pendants), the Thushi (a tightly woven gold choker), and the Vajratik.
Local Jewellers in Mumbai
Waman Hari Pethe (Dadar), Chintamanis (Prabhadevi), Popley & Sons (Bandra), Danabhai Jewellers (Santacruz), Tribhovandas Bhimji Zaveri (Zaveri Bazaar)
National chains: Tanishq, Kalyan Jewellers, Malabar Gold, Joyalukkas, PC Jeweller, Reliance Jewels, CaratLane
Buying Tips for Mumbai
- Zaveri Bazaar offers benchmark wholesale rates but demands strict HUID verification.
- Avoid tourist markups in upscale Bandra boutiques by standardising making charges.
- Bargaining on making charges (15-20%) is industry standard.
Did You Know?
- Zaveri Bazaar handles transactions frequently estimated at hundreds of crores daily.
- Mumbai is the primary delivery centre for MCX bullion futures.
- The city houses India's Government Mint, a critical node in sovereign bullion production.
24K, 22K, 18K — karat, fineness & BIS hallmarking
LBMA, MCX, import duty & factors affecting prices
Other Gold Cities
Check today's gold rate across 30 major Indian cities