Gold Rate in Mumbai

Last Updated: 6th June 2023

24 Carat Gold Rate (10 grams)

₹ 60,650 +320 (+0.53%)
22 Carat Gold Rate (10 grams)

₹ 55,600 +320 (+0.53%)

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 ₹ 60,650 per 10 grams for 24 Carat and ₹ 55,600 for 22 Carat.

24 Carat Gold Rate in Mumbai Today

Digital Gold Price

Gram	24K Gold Price	Daily Price Change
1 gram	₹ 6,065	+ ₹ 32
8 grams	₹ 48,520	+ ₹ 256
10 grams	₹ 60,650	+ ₹ 320
100 grams	₹ 6,06,500	+ ₹ 3,200

22 Carat Gold Rate in Mumbai Today

Gram	22K Gold Price	Daily Price Change
1 gram	₹ 5,560	+ ₹ 30
8 grams	₹ 44,480	+ ₹ 240
10 grams	₹ 55,600	+ ₹ 300
100 grams	₹ 5,56,000	+ ₹ 3,000

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

Gold Rate in Mumbai for Last 15 Days

Date	Pure Gold (24K)	Standard Gold (22K)	% Change
05 June 2023	₹ 60,330	₹ 55,300	0%
04 June 2023	₹ 60,330	₹ 55,300	0%
03 June 2023	₹ 60,330	₹ 55,300	-1.25%
02 June 2023	₹ 61,100	₹ 56,000	+0.54%
01 June 2023	₹ 60,760	₹ 55,700	-0.27%
31 May 2023	₹ 60,930	₹ 55,850	+0.72%
30 May 2023	₹ 60,490	₹ 55,450	-0.18%
29 May 2023	₹ 60,600	₹ 55,550	0%
28 May 2023	₹ 60,600	₹ 55,550	0%
27 May 2023	₹ 60,600	₹ 55,550	-0.18%
26 May 2023	₹ 60,710	₹ 55,650	-0.27%
25 May 2023	₹ 60,870	₹ 55,800	-0.80%
24 May 2023	₹ 61,360	₹ 56,250	+0.45%
23 May 2023	₹ 61,100	₹ 56,000	-0.52%
22 May 2023	₹ 61,410	₹ 56,290	0%

Historical Gold Rate in Mumbai

Gold Price Movement May 2023

Gold Rates	22 Carat	24 Carat
1^st May rate	₹	₹ 760
31^st May rate	₹	₹
Highest rate in May	₹ 57,210 on 6th May 2023	₹ 62,410 on 6th May 2023
Lowest rate in May	₹ 55,450 on 30th May 2023	₹ on 5th May 2023
Over all performance	Falling	Falling
% change	-100.00%	-100.00%

Gold Price Movement April 2023

Gold Rates	22 Carat	24 Carat
1^st April rate	₹	₹ 745
30^th April rate	₹	₹ 762
Highest rate in April	₹ 56,660 on 15th April 2023	₹ 61,830 on 15th April 2023
Lowest rate in April	₹ 54,700 on 3rd April 2023	₹ on 3rd April 2023
Over all performance	Rising	Rising
% change	+2.28%	+2.28%

Gold Price Movement March 2023

Gold Rates	22 Carat	24 Carat
1^st March rate	₹	₹ 668
31^st March rate	₹	₹ 740
Highest rate in March	₹ 55,300 on 18th March 2023	₹ 60,320 on 18th March 2023
Lowest rate in March	₹ 50,900 on 9th March 2023	₹ on 2nd March 2023
Over all performance	Rising	Rising
% change	+10.78%	+10.78%

* 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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Gold Rates Today in Major Indian Cities

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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