🪙 Gold Price Today in Mumbai
Updated 2 July 2026 · IBJA rates · 22K, 24K & 18K
22K Gold per 10g — Mumbai
₹1,31,800
Per gram: ₹13,180
-8,600 (-6.13%) today
🪙
22K Gold
₹1,31,800/10g
₹13,180 per gram
-8,600 (-6.13%)
24K Gold
₹1,43,780/10g
₹14,378 per gram
-9,380 (-6.12%)
18K Gold
₹1,07,840/10g
₹10,784 per gram
-7,030 (-6.12%)
22K Gold Rate — All Denominations in Mumbai
| Denomination | Price (₹) | Change |
|---|---|---|
| Per Gram | ₹13,180 | -860 (-6.13%) |
| Per 10 Grams | ₹1,31,800 | -8,600 (-6.13%) |
| Per Tola (11.66g) | ₹1,53,678.8 | -10,027.6 (-6.13%) |
| Per 100 Grams | ₹13,18,000 | -86,000 (-6.13%) |
| Per 250 Grams | ₹32,95,000 | -2,15,000 (-6.13%) |
| Per Kg | ₹1,31,80,000 | -8,60,000 (-6.13%) |
Gold in Mumbai — Key Facts
- →Gold rates in Mumbai are set by the India Bullion and Jewellers Association (IBJA) and updated daily.
- →3% GST applies on gold purchases. Making charges (8–20%) are added on top by jewellers in Mumbai.
- →22K gold (91.6% pure) is the standard for Indian jewellery. 24K (99.9% pure) is used for coins and bars.
- →Hallmarked BIS jewellery guarantees purity — always check for the BIS logo when buying in Mumbai.
What affects gold price in Mumbai?
- →International gold spot price (USD/oz) converted to INR is the primary driver of local gold rates.
- →USD/INR exchange rate directly impacts gold prices. A weaker rupee makes gold more expensive in India.
- →RBI policy, import duties (currently 15%), and festive demand cycles also influence Mumbai gold rates.
- →Global uncertainty, US Fed rate decisions, and geopolitical events drive safe-haven gold demand.
FAQs — Gold Price in Mumbai
What is today's 22K gold price per gram in Mumbai?
Today's 22K gold rate in Mumbai is ₹13,180 per gram (₹1,31,800 per 10g) as of 2 July 2026. It has decreased by ₹860 per gram today.
What is 24K gold price per gram in Mumbai today?
Today's 24K gold rate in Mumbai is ₹14,378 per gram (₹1,43,780 per 10g).
Why is gold rate different in Mumbai vs other cities?
Gold prices vary slightly between Indian cities due to local state levies, transportation costs, and dealer premiums. The base IBJA rate is the same nationally, but city-level additions create small differences.
Should I buy gold jewellery or Sovereign Gold Bonds in Mumbai?
For pure investment, Sovereign Gold Bonds (SGBs) are more cost-efficient — no GST, no making charges, and 2.5% annual interest. Jewellery is best for wearable value. For physical gold investment, gold coins or bars minimise making charges.